MANAGEMENT AND USE OF CHARGES IN THE SELECTION OF CONTRACTORS
On 19th April, 2024, the Ministry of Planning and Investment of Vietnam issues the Circular No. 05/2024/TT-BKHDT on elaborating provision and publishing of information on bidding and selection of contractors on Vietnam National E-Procurement System A number of important contents is prescribed as follows: (i) For charge rates: Charge for bid dossier submission on the […]
CONDITIONS FOR BORROWING LOAN OF SMALL- AND MEDIUM-SIZED ENTERPRISE DEVELOPMENT FUND FROM JUNE 10, 2024
On April 26, 2024, the Government issues the Decree No. 45/2024/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Decree No. 45/2024 amends and supplements a number of provisions prescribed in Article 16, Decree No. 39/2019/ND-CP on organization and operation of small- and medium-sized enterprise development fund. Accordingly, conditions for loan borrowing […]
AMEND THE RULES OF ORIGIN IN AKFTA AGREEMENT
On March 27, 2024, the Ministry of Industry and Trade No. 04/2024/TT-BCT on amending and supplementing several Articles of the Circular No. 20/2014/TT-BCT dated June 25, 2014, of the Minister of Industry and Trade on the implementation of rules of origin in the Agreement establishing Asean – Korea free trade area (AKFTA). Circular No. 04/2024/TT-BCT […]
EFFORTS MADE TO PROMOTE ESTABLISHMENT OF COTTAGE INDUSTRY ZONES
The Government has recently issued Decree 32/2024/ND-CP, on the management and development of cottage industry zones to attract small and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business in concentrated production areas. With a view to attracting small- and medium-sized enterprises, cooperatives and cooperative groups to invest in production and business […]
AMENDING FOREIGN TRADE DEVELOPMENT MEASURES
On February 07, 2024, the Government issues Decree No. 14/2024/ND-CP on amending and supplementing several articles of the Decree No. 28/2018/ND-CP of March 1, 2018, detailing several articles of the Law on Foreign Trade Management regarding foreign trade development measures. Some important contents is prescribed in the Decree 14 as follows: The Decision takes effect […]
CABINET SETS OUT 17 NATIONAL ACTIONS TO COMBAT MONEY LAUNDERING
Deputy Prime Minister Le Minh Khai on February 23 signed Decision 194/QD-TTg, promulgating the national action plan to implement the Government’s commitment to prevent and combat money laundering, terrorist financing, and financing of the proliferation of weapons of mass destruction. The decision aims at realizing the National Action Plan to implement the Vietnamese Government’s commitment […]
GOVERNMENT AMENDS THE REGULATIONS ON THE PAYMENT OF FEES AND CHARGES
On November 28, 2023, the Government issued Decree No. 82/2023/ND-CP on amending and supplementing several articles of the Government’s Decree No. 120/2016/ND-CP dated August 23, 2016, detailing and guiding the implementation of several articles of the Law on charges. Accordingly, the charges and fees shall be paid to charge- and fee-collecting organizations or the State […]
MORE COUNTRIES ARE APPLICABLE WITH SPECIAL PREFERENTIAL IMPORT TARIFFS
On December 01, 2023, the Government issues Decree No. 84/2023/ND-CP on amending and supplementing several articles of the Government’s Decree No. 129/2022/ND-CP dated December 30, 2022, on Vietnam’s Special Preferential Import Tariffs to implement the Regional Comprehensive Economic Partnership for the 2022-2027 period. Duty rates are applicable to the Republic of the Union of Myanmar […]
CHANGE THE HEALTH INSURANCE PREMIUM FROM THE STATE BUDGET
This is one of the new points prescribed in the Decree No. 75/2023/ND-CP on amending and supplementing a number of articles of the Government’s Decree No. 146/2018/ND-CP dated October 17, 2018, detailing, and guiding measures to implement, a number of articles of the Law on Health Insurance. In particular, the Decree 75 prescribes a number […]
APPLICATIONS AND PROCEDURES FOR REDUCING LAND RENT OF 2023 IN VIETNAM
On October 3, 2023, the Prime Minister of Vietnam promulgated Decision No. 25/2023/QD-TTg on the reduction of land rent. (i) An application for reduction of land rent of 2023 includes: Written request for reduction of land rent of 2023 of the land lessee following the Form in the Appendix promulgated together with Decision No. 25/2023/QD-TTg. […]