Legal updated

PROHIBIT NON-BIODEGRADABLE PLASTIC BAGS PRODUCTION HAVING LAYER IS THINNER THAN 30 MICRON

13/05/2013 - NATURAL RESOURCES - ENVIRONMENT

On April 11, 2013, the Prime Minister issues the Decision 582/QD-TTg dated April 11, 2013 of the Prime Minister approving the project on improving the environmental pollution control for the use of non-biodegradable plas...

PUT OFF THE TIME FOR LABELING FOR HOUSEHOLD APPLIANCES

13/05/2013 - COMMERCE

This is the new plans of the Prime Minister at the Decision No. 03/2013/QD-TTg of January 14, 2013, amending and supplementing a number of articles of the Prime Minister's Decision No. 51/2011/QD-TTg of September 12,2011...

TO REDUCE THE MAXIMUM SHORT-TERM LOAN TO 10%

13/05/2013 - FINANCE - BANKING

This content is shown in the Circular No. 10/2013/TT-NHNN dated May 10, 2013 of the State Bank of Vietnam promulgating the maximum interest rate for VND short-term loans of the credit institutions and foreign bank’s bran...

06 ENTERPRISE GROUPS IN WHICH STRIKES ARE PROHIBITED

13/05/2013 - LABOR - SALARY

On May 08, 2013, the Government issued the Decree No. 41/2013/ND-CP guiding the implementation of the Article 220 of the Employee Code on the List of units in which strikes are prohibited and respond to the demands of em...

INCREASE THE IMPORT DUTY RATE FOR USED CAR FROM 09 SEATS OR LESS

13/05/2013 - TAX – FEE - CHARGE

On May 03, 2013, the Prime Minister signed the Decision No. 24/2013/QD-TTg amending and supplementing clause 1, Article 1 of the Decision No. 36/2011/QD-TTg dated June 29, 2011 of the Prime Minister on issuing import dut...

INCREASE THE CHARCOAL’S IMPORT TAX TO 10%

13/05/2013 - TAX – FEE - CHARGE

On May 06, 2013, the Ministry of Finance issued the Circular No. 56/2013/TT-BTC of the Ministry of Finance amending the export tax rated for forest charcoal in the heading 44.02 in the Export Tariff.

FIXED ASSETS OVER VND 30 MILLION MUST HAVE DEPRECIATION

13/05/2013 - ENTERPRISE

This is one of the important contents prescribed at the Circular No. 45/2013/TT-BTC dated April 25, 2013 of the Ministry of Finance guiding the management, use and fixed asset depreciation.

USING TOXIC CHEMICALS MUST REGISTER IN WRITTEN FORM

08/05/2013 - INDUSTRY

On April 22, 2013, the Ministry of Industry and Trade issued the Circular No. 07/2013/TT-BCT on the registration of using toxic chemicals to produce products, goods in the industrial sector.

ISSUING THE LIST OF SOFTWARE, HARDWARE AND ELECTRONIC PRODUCTS

08/05/2013 - INFORMATION - COMMUNICATIONS

On April 08, 2013, the Ministry of Information and Communications issued the Circular No. 09/2013/TTBTTTT issuing the list of software, hardware and electronic products.

THE MINIMUM CAPITAL REQUIRED ESTABLISHING AIRLINE AIR TRANSPORTATION BUSINESS IS 300 BILLION VND

08/05/2013 - TRANSPORT

On April 08, 2013, the Government issued the Decree No. 30/2013/ND-CP on air transportation and general air operation.

MEDIUM AND SMALL ENTERPRISE DEVELOPMENT FUND MUST NOT EXCEED VND 30 BILLION PER PROJECT

08/05/2013 - FINANCE - BANKING

This is the directive of the Government at the Decision No.601/QD-TTg dated April 17, 2013 on establishing medium and small enterprise development fund.

MUST REPORT TO THE STATE BANK FOR THE TRANSACTION OVER VND 300 MILLION

08/05/2013 - FINANCE - BANKING

On April 18, 2013, the Prime Minister signed the Decision No. 20/2013/QD-TTg promulgating the level of high value transaction must make reports.

INCREASE 10% FOR EXPORT TARIFF OF MINERALS

08/05/2013 - TAX – FEE - CHARGE

This is the new regulations prescribed at the Circular No.44/2013/TT-BTC dated 44/2013/TT-BTC dated April 25, 2013 of the Ministry amending export tax rates for some commodities of minerals in the export tariff.

INCREASE IMPORT TAX RATE FOR OILS TO 16%

08/05/2013 - TAX – FEE - CHARGE

This is new action of the Ministry of Finance at the Circular No. 47/2013/TT-BTC dated April 26, 2013 of the Ministry of Finance amending, supplementing the preferential import tax for some commodities in the heading 271...