Not yet handovered the house, the owner must pay 70% charges
On November 25, 2014 the National Assembly officially approved the Housing Law No. 65/2014/QH13, replacing the Housing Law No 56/2005/QH11 with many new contents. For owners of commercial housing projects, within 50 days from the date of handover of houses to purchasers or from the time when lessees make full payments as agreed upon, to […]
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of the Laws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 million VND or less shall […]
Compensate at least 1.5 times the salary for employees losing work capability from 5%
Compensation to persons as victims of occupational accidents and diseases is at least 30 months of salary for employees losing work capability from 81% and over, or becoming fatal due to occupational accidents and diseases and at least 1.5 times the salary for employees losing work capability from 5-10% are the contents prescribed at the […]
Not carry out procedures for investment registration for domestic investment projects
On November 26, 2014, the National Assembly approved the Law No. 67/2014/QH13 on Investment with many new contents that have strong effects on domestic and foreign investors. First of all, the Law regulated that only investment projects of foreign investors and economic organizations having 51% or more of their charter capital or having a majority […]
From 2016, total number of national assembly deputies must not exceed 500
The total number of National Assembly deputies must not exceed 500, including full-time and part-time National Assembly deputies, of which the number of full-time National Assembly deputies must account for at least 35% of the total number of National Assembly deputies is one of the most significant points under the Law on organization of the […]
Late salary payment for 15 days or more shall be paid interest
Under the Decree No. 05/2015/ND-CP dated January 12, 2015 of the Government guiding the implementation of a number of the Labor Code’s contents, an employee enjoying monthly salary shall be paid on monthly or semi-monthly basis. In case natural disaster, conflagration or other force majeure events take place, and employers have sought all remedial measures […]
Must supervise employment status of employees after recommending jobs
The Ministry of Labor, War Invalids and Social Affairs promulgated the Circular No. 07/2015/TT-BLDTBXH dated February 25, 2015 of the Ministry of Labor, War Invalids and Social Affairs stipulating a number of Articles of the Decree No. 196/2013/ND-CP dated November 21, 2013 of the Government defining on establishment and operation of the Career Services Center […]
Male employees whose wives give birth to children are entitled to a maternity leave of 5-7 working days
This new content is formally regulated in the Insurance Law No. 58/2014/QH13 passed by the National Assembly on November 20, 2014. Accordingly, from 2016, male employees currently paying social insurance premiums whose wives give birth to children are entitled to a maternity leave of 5 working days; 7 working days, in case their wives undergo […]
Mobilizing the private sector investment in railway infrastructure
In order to gradually reduce the burden on the state budget, and meet the target of socio-economic development, industrialization – modernization of the country and restructure the railway sector investment, enhance private sector involvement investment ratio in the railway infrastructure commensuration with other transport fields, on December 24, 2014, the Minister of Transport signed the […]
Not use money in other capital contribution
On January 29, 2015, the Ministry of Finance issued the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment. At this Circular, the Ministry of Finance […]