On July 08, 2013, the Ministry of Finance issued the Circular No. 92/2013/TT-BTC dated July 8, 2013 of the Ministry of Finance defining the financial management regime of the Fund for Assisting Overseas Vietnamese Citizens and Legal Entities. Citizen Assistance Fund is the non-refundable expenses, accordingly, the fund shall be non-refundable for expenses for direct…

This is the content prescribed at the Circular No. 86/2013/TT-BTC of June 27, 2013, providing the application of the priority regime in the state management of customs to eligible businesses, including Exemption from examination of customs dossiers and exemption from physical inspection of goods In case customs offices’ data systems break down or suspends, a…

 This is the content prescribed at the Decision No. 44/2013/QD-TTg dated July 19, 2013 of the Prime Minister amending and supplementing a number of articles of the Regulation on trading in duty-free goods promulgated together with the Decision No. 24/2009/QD-TTg dated February 17, 2009 of the Prime Minister.  At this Decision, Duty-free shops may be…

 This is the regulations of the State Bank of Vietnam (SBV) in the Circular No. 17/2013/TT-NHNN dated July 16, 2013 promulgating the guidance for the foreign exchange control regarding to enterprise’s international bond issuance not guaranteed by the Government.  At this Circular, the SBV guides the process for limit confirmation, plan appraisal, register for international…

This content is prescribed at the Circular No. 101/2013/TT-BTC guiding the management and use of insurant protection fund. Accordingly, For life insurance contracts, the Fund shall pay for up to 90% of the liability of the life insurance companies, but the amount must not exceed 200 million VND/policyholder/contract. Where a life insurance contract covers multiple…

On August 29, 2013, the Government issues the Resolution No. 103/NQ-CP on the orientation in increasing the efficiency in attracting, using and managing Foreign Direct Investment in the next time. Within that, one of solutions that the Government wants to focus on is to amend investment incentive policies to ensure the systematic characteristic from tax…

On September 24, 2013, the State bank of Vietnam issued Circular No. 22/2013/TT-NHNN on guiding procedures for registration and change registration of foreign loan and international bond issuance guaranteed by the Government. In this Circular, the State bank gives specific guidance on the procedures for registration and change registration of foreign loans and of international…

Decree No. 110/2013/ND-CP dated of September 24th, 2013 of the Government on regulating sanction of administrative violation in the field of judicial assistance, judicial administration, marriage and family, civil judgment enforcement, enterprise and cooperative bankruptcy. Accordingly, some remarkable regulations on the sanction level are applied to violations of birth registration, marriage registration, marriage brokerage, ethnics…

On October 31, 2013, the Ministry of Construction issued Circular No. 18/2013/TT-BXD on amending and supplementing several articles of Circular No. 07/2013/TT-BXD which guides the definition of subjects entitled to borrow loans for housing assistance according to Resolution No. 02/NQ-CP dated January 7, 2013. According to regulations in Circular No. 07/2013/TT-BXD, individuals and households will…

Circular No. 118/2013/TT-BTC of August 23, 2013, guiding the mechanism of financial management of ODA loans from the Japanese Government for the Project on Restoration and Sustainable Management of Protection Forests (JICA2 Project) The JICA2 Project aimed at restoring and sustainably managing protection forest areas and improving livelihood for people in 11 provinces (Thanh Hoa,…