PPP regulations to facilitate project implementation
Public-private partnership (PPP) regulations would be amended toward facilitating project implementation while ensuring strict management of projects and harmony of the interests among the State, investors and users, heard a recent meeting that discussed a draft decree to replace Decree 15 of 2015 regarding investment in the PPP form. According to Decree 15, state capital […]
The Government abrogates many business conditions managed by Ministry of Industry and Trade
The Government issued a Decree No. 08/2018/NĐ-CP about adjustment of some Decrees regarding to business investment conditions under state management by the Ministry of Industry and Trade. Typically, in the field of petroleum, the Government has abrogated some articles and clauses of Decree No. 83/2014 / ND-CP dated 3/9/2014 of the Government on petroleum business. […]
Maternity leave for foreign female employees
I am a foreigner working as a teacher at an international school in Ho Chi Minh City. I signed a two-year contract with a local school from August 2017 to July 2019. I recently found out that I am pregnant and expected to give birth in late June next year. As I know, Vietnamese law […]
Important regulations effective from this month
Heavy fines for littering public places, vocational training support for young people and change of dialing codes are among important regulations that will be effective from this month. Government’s Decree 155/2016/ND-CP was put into action on Wednesday, imposing heavy fines amounting to between VND3 million (US$133) and VND7 million ($313) on those who litter public […]
Decree on piloting granting e-visas for foreigners entering VN
The government has issued Decree No. 07/2017/ND-CP defining procedures on piloting granting e-visas for foreigners entering Vietnam. According to the Decree, foreigners registering for e-visas will realise these following steps: 1 – Getting access to the website on granting e-visas for registering personal information. 2 – Receiving codes for e-files and paying visa fee It […]
Special preferential import tax policies taking effect from 2018
The Vietnamese government has just issued ten decrees to implement Vietnam’s special preferential import tax commitments made in its free trade agreements with various partners. There are some outstanding features in the 2018 special preferential import tax. The decrees outline the special preferential import tax rates Vietnam will provide its different partners and include detailed […]
In 2017, GDVC coordinated with ministries to review and apply HS codes to 60 goods nomenclatures
VCN- In 2017, the General Department of Vietnam Customs (GDVC) chaired and coordinated with ministries and sectors to review and standardize the goods nomenclature subject to specialized inspection attaching HS codes in accordance with the Vietnam Export and Import Classification Nomenclature enclosing with Circular 65/2017/TT-BTC of the Ministry of Finance. Accordingly, the GDVC had 2 […]
New requirements set for declaration of imported chemicals
The Prime Minister issued on October 9 Decree 113/2017/ND-CP to remove 46 conditions on chemical production, storage and trading with a view to implementing more facilitative policies for enterprises engaged in chemical trading and concurrently helping functional agencies manage more strictly chemical production and trading activities.Under the Decree, which will take effect on November 25, […]
Personal income tax for health insurance
VCN – Health insurance that employers buy for employees would not count towards employees personal income tax. According to the General Department of Taxation, in the Circular No.111/2013 / TT-BTC dated 15/8/2013 of the Ministry of Finance guiding the implementation of the Personal Income Tax Law, the Law on amending and supplementing some articles of […]
Ministry of Finance proposes to raise VAT to 11% from 2019
VCN – In the draft report to the Government on the proposal to develop a Law amending and supplementing some articles of the latest Law on Value Added Tax, the Ministry of Finance continues to propose to raise the value added tax to 11% instead of the current 10%. According to the Ministry, in the […]