News
- Decree No. 103/2020/ND-CP dated September 04, 2020 of the Government on certification of the varieties of fragrant rice exported to the European Union
SUMMARY: To exempt from quota import duty for 9 fragrant rice varieties imported to the European Union Decree No. 103/2020/ND-CP on certification of the varieties of fragrant rice exported to the European Union is issued on September 04, 2020 by […]
- Decree No. 109/2020/ND-CP dated September 15, 2020 of the Government on extension of time limits for payment of excise tax for domestically manufactured or assembled automobiles
SUMMARY: To extend excise tax payment time limits for domestically manufactured, assembled automobiles This new content is prescribed by the Government in the Decree No. 109/2020/ND-CP dated September 15, 2020, on extension of time limits for payment of excise tax […]
- Decision No. 27/2020/QD-TTg dated September 21, 2020 of the Prime Minister on the List of imported goods not allowed to be deposited in bonded warehouses
SUMMARY: 2 types of goods not allowed to be deposited in bonded warehouses The Prime Minister issues the Decision No. 27/2020/QD-TTg on the List of imported goods not allowed to be deposited in bonded warehouses on September 21, 2020. Specifically, […]
- Decree No. 100/2020/ND-CP dated August 28, 2020 of the Government on duty free business
SUMMARY: The trader must submit its finalization report within 90 days after the end of the fiscal year On August 28, 2020, the Government promulgates the Decree No. 100/2020/ND-CP on duty free business. In accordance with this Decree, annually, a duty free […]
- Decision No. 1349/QD-NHNN dated August 06, 2020 of the State Bank of Vietnam on interest rate for required reserves deposits and deposits in excess of required reserves of credit institutions, foreign bank branches at the State Bank of Vietnam
SUMMARY: From August 06, interest rate for required reserves deposits in Vietnam dong is 0.5%/year On August 06, 2020, the State Bank of Vietnam issues the Decision No. 1349/QD-NHNN on interest rate for required reserves deposits and deposits in excess […]
- Decision No. 22/2020/QD-TTg dated August 10, 2020 of the Prime Minister on the reduction of land rental by 2020 for those affected by the Covid-19 epidemic under the Government’s Resolution No. 84/NQ-CP dated May 29, 2020
SUMMARY: To reduce 15% of land rental in 2020 for many enterprises On August 10, 2020, the Prime Minister issues the Decision No. 22/2020/QD-TTg on the reduction of land rental by 2020 for those affected by the Covid-19 epidemic under […]
- Circular No. 08/2020/TT-NHNN dated August 14, 2020 of the State Bank of Vietnam on amending and supplementing a number of articles of the Circular No. 22/2019/TT-NHNN dated November 15, 2019 by the Governor of the State Bank of Vietnam on prescribing limits and prudential ratios in operations of banks and foreign bank branches
SUMMARY: The maximum ratio of short-term capital sources by the end of September 30, 2021 of foreign bank is 40% The State Bank of Vietnam promulgates the Circular No. 08/2020/TT-NHNN on amending and supplementing a number of articles of the […]
- Decree No. 91/2020/ND-CP dated August 14, 2020 of the Government on fighting against spam text messages, spam emails and spam calls
SUMMARY: To fine up to VND 30 million for advertising calls after 5:00 P.M. On August 14, 2020, the Government promulgates the Decree No. 91/2020/ND-CP on fighting against spam text messages, spam emails and spam calls. Accordingly, every advertiser shall not be […]
- Circular No. 06/2020/TT-BLDTBXH dated August 20, 2020 of the Ministry of Labor, War Invalids and Social Affairs on promulgating the List of occupations subject to strict requirements on occupational safety and health
SUMMARY: 32 occupations subject to strict requirements on occupational safety and health The Ministry of Labor, War Invalids and Social Affairs issues the Circular No. 06/2020/TT-BLDTBXH on promulgating the List of occupations subject to strict requirements on occupational safety and […]
- Decree No. 98/2020/ND-CP dated August 26, 2020 of the Government providing penalties on administrative violations in commercial activities, production of, trading in counterfeit or banned goods and protection of consumer rights
SUMMARY: From October 15, to raise the fine for trading counterfeit goods to VND 400 million maximum The Government issues the Decree No. 98/2020/ND-CP providing penalties on administrative violations in commercial activities, production of, trading in counterfeit or banned goods […]
- Decree No. 97/2020/ND-CP August 26, 2020 of the Government on increasing limits of liability applicable to the carrier in air carriage
SUMMARY: From October 15, 2020, to increase limits of liability in air carriage This is the new content promulgated by the Government in the Decree No. 97/2020/ND-CP on increasing limits of liability applicable to the carrier in air carriage of August […]
Decree No. 100/2020/ND-CP dated August 28, 2020 of the Government on duty free business
SUMMARY: The trader must submit its finalization report within 90 days after the end of the fiscal year On August 28, 2020, the Government promulgates the Decree No. 100/2020/ND-CP on duty free business. In accordance with this Decree, annually, a […]
Circular No. 19/2020/TT-BGTVT dated September 01, 2020 of the Ministry of Transport
Circular No. 19/2020/TT-BGTVT dated September 01, 2020 of the Ministry of Transport on prescribing price rates and price frames for a number of specialized aviation services at Vietnam airports and airfields from March 01, 2020 until the end of September […]
- Decree No. 103/2020/ND-CP dated September 04, 2020 of the Government on certification of the varieties of fragrant rice exported to the European Union
SUMMARY: To exempt from quota import duty for 9 fragrant rice varieties imported to the European Union Decree No. 103/2020/ND-CP on certification of the varieties of fragrant rice exported to the European Union is issued on September 04, 2020 by […]
VN eyes development of smart cities
Smart cities hold the answer to the modern world’s problems including rising population, pollution, traffic congestion, climate change and even global-scale disasters such as the COVID-19 pandemic, according to experts. Nearly half of ASEAN’s population is in urban areas. In a […]