SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
Read the guideOfficial Letter 889/VPCP-KGVX dated January 28th 2013 of the Government Office on stopping the circulation of petrol RON 83
Official Letter 889/VPCP-KGVX dated January 28th 2013 of the Government Office on ceasing the circulation of petrol RON 83 In the near future, unleaded petrol RON 83 circulation will be ceased to avoid poor quality gasoline blending into other types of gasoline, affecting the benefits of consumers. The deadline and process to suspend the import and export, …
Circular 11/2013/TT-BTC of the Ministry of Finance on the animal quarantine fee
Circular 11/2013/TT-BTC of the Ministry of Finance on the animal quarantine fee From March 15th 2013, examination and supervision fees on animals, animal products temporarily imported for re-export, cross-border, bonded warehouse, transit through Vietnam is of 65,000 VND/(car/train/container). As such, compared to the former rate at 31,500 VND, the fee has increased by more than …
Circular 01/2013/TT-BKHDT dated January 21st 2013 of the Ministry of Planning and Investment guiding the business registration
Circular 01/2013/TT-BKHDT dated January 21st 2013 of the Ministry of Planning and Investment guiding the business registration As enterprises wish to register a more specific business line rather than described in the the four-level economic sector registration system, they will need to choose a four-level economic sector, and add the specific business lines just below …
Decision 02/QD-VSD dated January 8th 2013 of the Vietnam Securities Depository on the recovery of the certificate for securities depository member
Decision 02/QD-VSD dated January 8th 2013 of the Vietnam Securities Depository on the recovery of the certificate for securities depository member: When recovering the certificate for securities depository member, the Vietnam Securities Depository will stop providing services related to the registration, clearing, custody, except for the following cases: – Client requests for the transfer of …
Decision 07/2013/QD-TTg of the Prime Minister on the financial regime of the State Bank of Vietnam
Decision 07/2013/QD-TTg of the Prime Minister on the financial regime of the State Bank of Vietnam The new legal capital of the State Bank of Vietnam (SBV) will be 10,000 billion VND, increased by 5,000 billion VND. Annually, the SBV may deduct 20% of their revenues and expenditures to fund the implementation of national currencies policy, increased …
Official Letter 626/BCT-XNK dated January 22nd of the Ministry of Industry and Trade guiding the procedures to temporary import for re-export a number of goods
Official Letter 626/BCT-XNK dated January 22nd of the Ministry of Industry and Trade guiding the procedures to temporary import for re-export a number of goods From January 22nd 2013, alcohol imports to Vietnam after September 29th 2012 will be carried out procedure to temporary import for re-export as before when the Directive 23/CT-TTg of the Ministry of Industry and …
Circular 33/2012/TT-BLDTBXH on the retrenchment benefits when state owned enterprises (SOE) equitization
Circular 33/2012/TT-BLDTBXH on the severance package when state owned enterprises (SOE) carry out equitization Employees upon termination of the contract by the equitized SOE will be provided severance allowance, specified in Circular 33/2012/TT-BLDTBXH. Accordingly, to enjoy the severance allowance, employees must meet the conditions of the labor contract, competent to contract. The duration calculated for allowance is …
Decision 05/2013/QD-TTg of the Prime Minister on the conditions for granting the certificate for oversea study counseling service registration
Decision 05/2013/QD-TTg of the Prime Minister on the conditions for granting the certificate for oversea study counseling service registration An oversea study counseling service organization has to deposit a minimum of 500 million VND in commercial bank and to ensure the adequate financial resources. On the other hand, the head of the oversea study counseling service …
Official Letter 181/TCT-CS to dated January 15th 2013 of the Genreral Department of Taxation on the implementation of the Law on Special Consumption Tax
Official Letter 181/TCT-CS to dated January 15th 2013 of the Genreral Department of Taxation on the implementation of the Law on Special Consumption Tax Accordingly, from January 1st 2013, the tax rate for alcohol from more than 20 degrees and beer is of 50% (formerly 45%). Tax Departments will propagate to the enterprises trading the above items …
Decision 03/2013/QD-TTg on delaying the time required for labeling equipments
Decision 03/2013/QD-TTg on delaying the time required for labeling equipments Household electrical appliances such as fluorescent tube, electric cooker, electric fans will be delayed the time for energy labeling to 6 months, starting on July 1st 2013. The above point in time is also applies to the group of industrial equipments including electric motors, three-phase distribution …