The Government has issued a Decree on trading in duty-free goods, stipulating eligible persons and conditions for purchase of duty-free goods.
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.
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.
The State Securities Commission (SSC) issued Circular 180/2015/TT-BTC on unlisted public companies, which took effect on January 1, 2016.
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.
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.
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.
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.
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.
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.