- Foreign investors participating in trading activities through the Goods Exchange in Vietnam.
Decree No. 100/2018 / ND-CP amending, supplementing and abolishing a number of regulations on investment conditions in the fields of state management of the Ministry of Construction. Read More
By Vietnam Briefing The Vietnamese government has issued Decree 63/2018 (Decree 63) to replace Decree 15/2015 specifying the areas, investment conditions, and procedures for public-private partnership (PPP) projects in Vietnam. The major change is in the investor equity ratio for PPP projects, which has been increased to 20 percent. PPP is a form of investment that includes a project contract between a government agency and an investor for projects in construction, renovation, operation, business, management of infrastructure works, and provision of public services. Decree 63 will be in effect from June 19th, 2018.
Raising the charter capital of Credit Guarantee Fund of small and medium enterprises to VND100 billion
This is a prominent feature of Decree 34/2018 / ND-CP promulgated by the Governmenton the establishment, organization and operation of the credit guarantee fund for small and medium enterprises. Decree 34/2018 / ND-CP is effective from March 8th2018 Read More
A draft amendment of the Ministry of Science and Technology’s Circular 23 on the required quality of used machine imports has come under fire for not amending the ‘rigid regulations’ which place difficulties on enterprises.
At Vietnam Business Forum (VBF) and at a meeting between Government Office Chairman Mai Tien Dung and the Japanese Chamber of Commerce and Industry (JCCI), the chamber called the draft amendment of Circular No.23/2015/TT-BKHCN on the required quality of used machine imports “a step backwards”. It is because used machinery in investment projects no longer receive exemptions from the age requirements, as set forth in the original draft of Circular 23, which aims to encourage businesses to renovate technologies. Read More
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Concurrently, the enterprises have to finalize the PIT whether arising or not, withholding tax deduction in the year and finalizing on behalf of authorized individuals. Read More
In the last 20 years, Bac Ninh province in the Northern Key Economic zone has grown from an agricultural community to a major industrial center with the second-highest per capita income and one of the highest economic growth rates in the country. Surrounded by major economic centers such as Hanoi and Hai Phong, it has managed to establish itself as one of the major FDI destinations.
Improving the mechanism of investment policy in the form of public-private partnerships (PPP) is a necessity. This is a matter of great concern to the whole society; The National Assembly and the Government have instructed to complete the shortcomings to overcome the limitations and shortcomings while continuing to promote investment in this form. Read More
On October 18, Navigos Group and Korea International Trade Association (KITA) officially signed an agreement on “Strategic Cooperation to Support Korean Speaking Workers in Vietnam and Korea market “.
Recently, the delegation of Thua Thien Hue province led by the Chairman of the provincial People’s Committee Nguyen Van Cao continued to have a meeting with the Korea Chamber of Commerce and Industry (KCCI). Read More
Four major policy changes Compulsory social insurance from 01/01/2018
The Social Insurance Act 2014 takes effect from 01/01/2016, In that there are many important terms until 01/01/2018 officially comes into effect. Read More
Long An meets the conditions for economic development in all three sectors of industry including: agriculture, trade – service – urban.
For the area of industry, the province currently has 28 industrial zones and 32 industrial clusters located along the HCM City boundary, within a radius of 30-40 km, with a total planned area of 14,000 ha of available industrial land, about 10,000 ha and 4,000 ha of infrastructure have been ready to call for investment in industrial development. Read More