To exempt the enterprise income tax for the government bond in the international market
On November 01, 2014, the Government issued the Resolution No. 78/NQ-CP on tax exemption for the Government bond in the international market in 2014. At the Resolution, the Government exempts the enterprise income tax and personnel income taxes for incomes from Government bond’s interest in the international market in 2014. At the same time, the […]
Any advertisement giving incorrect information or confusing the customers shall be fined up to vnd 140 million
In accordance with the Decree No. 71/2014/ND-CP dated July 21, 2014 of the Government detailing the Law on Competition on imposition of violation penalties against the Law on Competition. From September 15, any enterprise directly comparing their goods and services with the goods and services of the same type of other enterprises or copying another […]
Applying anti-dumping measures on certain cold-rolled stainless steel coils or plates
This is the content at the Decision No. 7896/QD-BCT dated September 05, 2014 of the Ministry of Industry and Trade on applying anti-dumping measures. In particular, from October 05, 2014, applying anti-dumping measures on certain cold-rolled stainless steel coils or plates with less than or equal to 3.5-mm thickness, manufactured through tempering or different heating […]
Only pay outstanding debts in capital construction arising before 2015
On June 18, 2014, the National Assembly passed the Law No. 49/2014/QH13 on Public Investment and decides to only pay outstanding debts in capital construction arising before January 01, 2015; at the same time, encouragement of organizations and individuals to make direct investment or investment in the form of public-private partnership for socio-economic infrastructure and […]
Invalidating regulations on importation of used machinery, equipment
Facing with many negative reactions from enterprises of construction and agriculture machines and equipments, on August 29, 2014, the Minister of Science and Technology signed the Decision No. 2279/QD-BKHCN invalidating Circular No.20/2014/TT-BKHCN on importation of used machinery, equipment and technological line. Previously, the Circular No. 20/2014/TT-BKHCN regulated that used machinery and equipment shall be eligible […]
Exempted from construction permit for housing development projects with under 7 stories
On June 18, 2014, the Construction Law No. 50/2014/QH13 which was passed by the XIIIth National Assembly of the Socialist Republic of Vietnam at its 7th session, decides to exempt from construction permit for houses of urban development projects or housing development projects with under 7 stories and a total floor area of under 500 […]
Conditions for certificate application for credit information activities
On September 18, 2014, the State Bank of Vietnam issued the Circular No. 27/2014/TT-NHNN amending, supplementing a number of Articles of the Circular No. 16/2010/TT-NHNN dated June 25, 2010 guiding the implementation of the Decree No. 10/2010/ND-CP dated February 12, 2010 of the Government on credit information and related activities. Accordingly, from November 01, 2014, […]
The reserve price of the auctioned assets
The Ministry of Justice has just issued the Circular No. 18/2014/TT-BTP dated September 08, 2014 guiding the asset auctions as prescribed in Decree No. 53/2013/ND-CP on establishment, organization and operation of Vietnam Asset Management Company (hereinafter referred to as VAMC). Accordingly, the reserve price of the auctioned assets shall be determined before VAMC signs a […]
Depositors are paid within 25 days after bank’s bankruptcy
On September 06, 2014, the State Bank of Vietnam issued the Circular No. 24/2014/TT-NHNN guiding some contents in deposit insurance and this Circular is applied to the subjects such as the Deposit Insurance of Vietnam; institutions or organizations participating in the deposit insurance include commercial banks, branches of foreign banks, cooperative banks, people’s credit funds […]