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ENTERPRISE WITH THE CHARTER CAPITAL OF OVER VND 1 BILLION ALLOWED HAVING INVOICE PRINTING

On May 15, 2013, the Ministry of Finance issued the Circular No. 64/2013/TT-BTC guiding the implementation of the Decree No. 51/2010/ND-CP dated May 14, 2010 of the Government providing for goods sale and service provision invoices.

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DECREASE THE MAXIMUM INTEREST RATE OF CAPITAL MOBILIZATION IN USD TO 1,25% PER ANNUM

On June 27, 2013, the State Bank of Vietnam issued the Circular No. No. 14/2013/TT-NHNN promulgating the maximum interest rates for USD deposits of the organizations and individuals at credit institution and foreign bank’s branches.

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INTEREST RATE OF DEPOSIT LESS THAN 6 MONTHS IS 7.0% PER ANNUM

On June 27, 2013, the State Bank of Vietnam issued the Circular No. 15/2013/TT-NHNN promulgating the maximum interest rate of VND deposit of organization and individuals at credit institutions and foreign bank’s branches.

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INTEREST RATE OF DEPOSIT LESS THAN 6 MONTHS IS 7.0% PER ANNUM

This is the directive of the State Bank of Vietnam at the Circular No. 16/2013/TT-NHNN promulgating the maximum interest rate for VND short-term loans of the credit institutions and foreign bank’s branches for the customers to satisfy funds demand serving some economic areas and sectors.

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DECREASE BY 1% FOR SHORT-TERM LOAN

This is the directive of the State Bank of Vietnam at the Circular No. 16/2013/TT-NHNN promulgating the maximum interest rate for VND short-term loans of the credit institutions and foreign bank’s branches for the customers to satisfy funds demand serving some economic areas and sectors.

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PERIODICAL DISCUSSION AT WORKING PLACES ONCE 3 MONTHS

This is the Government’s requirements for units at the Decree No. 60/2013/ND-CP dated June 19, 2013 promulgating details the clause 3, Article 63 of the Labor Code on the implementation of democracy regulation at working places.

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EXEMPT TAX FOR AGRICULTURAL PRODUCTS PLANTED IN CAMBODIA LICENSED BEFORE DECEMBER 31, 2013

On June 19, 2013, the Ministry of Finance No. 81/2013/TT-BTC amending and supplementing the Circular No. Circular No. 201/2012/TT-BTC dated November 16, 2012 of the Ministry of Finance guiding tax policy for agricultural products which have not yet processed, with investment support of Vietnamese party, planted in Cambodia and imported into Vietnam.

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VEHICLE OWNERSHIP TRANSFER IS ALLOWED WITHOUT TRADING DOCUMENTS

On March 01, 2013, the Ministry of Pubic Security issued the Circular No. 12/2013/TT-BCA amending and supplementing clause 3, Article 20 of the Circular No. 36/2010/TT-BCA dated October 12, 2010 of the Ministry of Public Security on vehicle registration.

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EMPLOYEES IN CHARGE OF HIV TESTING LABORATORY MUST HOLD BACHELOR’S DEGREES

This is one of requirements of the Ministry of Health at the Circular No. 15/2013/TT-BYT dated May 24, 2013 on quality assurance and HIV testing technique.

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