Citizens have the right to monitor investment projects

On December 30, 2015, the Government issued the Decree No. 84/2015/ND-CP on investment supervision and evaluation; within that, Citizens have the right to monitor investment projects through community investment monitoring boards. In particular, a community investment monitoring board may request competent state management agencies to provide information on socio-economic development master plans, sectoral development master […]

Export processing enterprises may sell their liquidated assets and goods in the inland market

Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in the inland market in accordance with the […]

Fees for citizen identification card is vnd 50.000/card

In accordance with the Circular No. 170/2015/TT-BTC dated November 09, 2015 of the Ministry of Finance providing on collection rate, collection regime and management of fees for citizen identification card, citizens being 14 years old or over process the procedures of granting the citizen identification card for the first time; change the citizen identification card when they […]

By 2020, automobile price is reduced towards 2020 and an orientation towards 2030

Taking effect on the signing date, the Decision No. 1829/QD-TTg issued on October 28, 2015 of the Prime Minister mentions on ratification of action plan for development of automobile and automobile part industry to implement Vietnam’s industrialization strategy within the framework of Vietnam – Japan cooperation towards 2020 and an orientation towards 2030. Under the […]

Individuals may import only 1 automobile and 1 motorcycle within one year

This is regulated under the Circular No. 143/2015/TT-BTC dated September 11, 2015 of the Ministry of Finance prescribing customs procedures for, and management of, automobiles and motorcycles of subjects permitted to import or temporarily import these automobiles and motorcycles for noncommercial purposes. Specifically, Vietnamese organization or individual may, within 1 (one) year, import only 1 […]

May import used equipment with age not exceed 10 years

This is one of the significant contents under the Circular No. 23/2015/TT-BKHCN dated November 13, 2015 of the Ministry of Science and Technology on import of used machinery, equipment and technological lines and it takes effect on July 01, 2016. A piece of used equipment may be imported if it satisfies the following criteria: its […]

Maximum level of fees should not exceed vnd 200,000/copy

On October 12, 2015, the Ministry of Finance and the Ministry of Justice promulgated the Joint Circular No. 158/2015/TTLT-BTC-BTP on regulations on collection, payment and management of fees for certification of true copies from originals, authentication of signatures, contract and transactions. The Joint Circular regulates Level of fees collected for certification of true copies from […]

May transfer capital overseas for investment

According to the Decree No. 83/2015/ND-CP dated September 25, 2015 prescribing offshore investment, an investor may transfer foreign currency, goods, machinery and equipment overseas  before  being  granted  an  offshore  investment registration  certificate  to  pay  expenses  for  the  formulation  of  an investment project including: Market and investment opportunity research, field survey…. Of which, the limit on […]

Electricity prices for generation projects used for grid-tied generation projects

Takes effect from December 07, 2015, the Circular No. 32/2015/TT-BCT dated October 08, 2015 on project development and model electricity sale contract applied to generation projects using solid wastes, emphasizes that the investors may only formulate generation project using solid wastes within the national planning for development of power sources using solid wastes. If the project […]