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Decree on trading in duty-free goods

Decree on trading in duty-free goods

The Government has issued a Decree on trading in duty-free goods, stipulating eligible persons and conditions for purchase of duty-free goods.

New regulations on electronic games for foreigners

New regulations on electronic games for foreigners

The Government has issued Decree 175/2016/ND-CP (Decree 175) to amend and supplement some articles of Decree 86/2013/ND-CP, dated July 29, 2013 on business in prize-winning electronic games for foreigners.

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New decree elaborates mineral mining rules

New decree elaborates mineral mining rules

Mineral exploration and mining activities are guided and governed by Government Decree No 158/2016/ND-CP (November 29, 2016), which elaborates on a number of provisions of the Law on Minerals.

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Fresh laws take effect since January

Fresh laws take effect since January

The Civil Code and six amended laws on State Budget, Press, Pharmacy, Fees and Charges, Accounting, and amendments to Article 6 and Annex 4 of the Law on Investment took effect since January 1, 2017.

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Experts warn of pollution’s impact on GDP growth

Experts warn of pollution’s impact on GDP growth

Natural disasters and environmental pollution can reduce GDP by 0.6 per cent per year from 2016-20, according to the National Centre for Socio-economic Information and Forecast (NCIF) under the Ministry of Planning and Investment.

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Deadline for public companies and equitised enterprises to trade on UPCoM

Deadline for public companies and equitised enterprises to trade on UPCoM

The State Securities Commission (SSC) issued Circular 180/2015/TT-BTC on unlisted public companies, which took effect on January 1, 2016.

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Experts warn people about synthetic diamonds

Experts warn people about synthetic diamonds

Since it is very difficult to differentiate between natural and synthetic diamonds, people should take precautions when buying them, according to the Saigon Jewelry Association.

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VN Gov’t wants energy-efficient buildings

VN Gov’t wants energy-efficient buildings

Việt Nam is going through a construction boom, with apartment and office buildings mushrooming, and energy efficiency is imperative, Nguyễn Công Thịnh, head of the Ministry of Construction’s science, technology and environment department, told a seminar in HCM City yesterday.

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Protect sea environment to protect sea tourism

Protect sea environment to protect sea tourism

Việt Nam’s sea tourism industry has immense potential for development, yet the sector faces a number of challenges due to increasing environmental pollution.

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Guidance on Rules of Origin of Goods in ATIGA

Guidance on Rules of Origin of Goods in ATIGA

Applying the Rules of Origin of Goods in Asean Trade In Goods Agreement (ATIGA) will help enterprises enjoy preferential tax rates and manage compliance costs that enterprises must bear under the form of documents and accounting cost.

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What the law says on labour sublease

What the law says on labour sublease

A company may wish to use some staff of another company, especially when both companies belong to the same group. What are the forms of labour exchanges recognised by Vietnamese law? To answer this question, this practical note provides an overview of the relevant legal provisions.

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MoF’s new TP law to curtail tax loss

MoF’s new TP law to curtail tax loss

Under pressure for more stringent control requirements to combat transfer pricing and loss of tax revenue, the Ministry of Finance completed the draft Transfer Pricing Decree and is now in the stage of collecting comments from the public. VIR’s Thanh Xuan talked with Tu Ha, Vietnam director at transfer pricing advisory firm Quantera Global, on significant developments and guidance for business compliance.

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Fresh policies take effect in November

Fresh policies take effect in November

A series of new policies on land levy, specific allowances for a number of judicial and inspection titles in the Army, assessment of primary pupils shall come into force in November, 2016.  

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How to line up loans with civil law

How to line up loans with civil law

Civil Code No 33/2005/QH11 ("2005 Civil Code") will be replaced by Civil Code No 91/2015/QH13 ("2015 Civil Code") January 1, 2017. Essentially, civil laws respect the freedom of contract of the parties, but the parties must comply with general regulations of the law. Accordingly, even if loans are non-regular activities for certain enterprises, they may bring about more legal and commercial risks.

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The Commerce Act: how to comply

The Commerce Act: how to comply

According to the Commerce Act 2005, although goods have been delivered to and are paid by the agents, goods' owners are still the principals. The principals should, therefore, specify several contents to ensure their rights.

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How to negotiate delivery terms

How to negotiate delivery terms

In the distribution relationship, the principal can deliver goods to a number of different agents. Therefore, drafting of the agent agreement, which not only meets the required needs, but also ensures the rights of the parties, should be taken into account.

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