legal updated
TO REDUCE THE MAXIMUM SHORT-TERM LOAN TO 10%
This content is shown in the Circular No. 10/2013/TT-NHNN dated May 10, 2013 of the State Bank of Vietnam 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.
06 ENTERPRISE GROUPS IN WHICH STRIKES ARE PROHIBITED
On May 08, 2013, the Government issued the Decree No. 41/2013/ND-CP guiding the implementation of the Article 220 of the Employee Code on the List of units in which strikes are prohibited and respond to the demands of employee’s collectives in that units.
INCREASE THE IMPORT DUTY RATE FOR USED CAR FROM 09 SEATS OR LESS
On May 03, 2013, the Prime Minister signed the Decision No. 24/2013/QD-TTg amending and supplementing clause 1, Article 1 of the Decision No. 36/2011/QD-TTg dated June 29, 2011 of the Prime Minister on issuing import duty rate for used cars from 15 seats or less.
INCREASE THE CHARCOAL’S IMPORT TAX TO 10%
On May 06, 2013, the Ministry of Finance issued the Circular No. 56/2013/TT-BTC of the Ministry of Finance amending the export tax rated for forest charcoal in the heading 44.02 in the Export Tariff.
FIXED ASSETS OVER VND 30 MILLION MUST HAVE DEPRECIATION
This is one of the important contents prescribed at the Circular No. 45/2013/TT-BTC dated April 25, 2013 of the Ministry of Finance guiding the management, use and fixed asset depreciation.
USING TOXIC CHEMICALS MUST REGISTER IN WRITTEN FORM
On April 22, 2013, the Ministry of Industry and Trade issued the Circular No. 07/2013/TT-BCT on the registration of using toxic chemicals to produce products, goods in the industrial sector.
ISSUING THE LIST OF SOFTWARE, HARDWARE AND ELECTRONIC PRODUCTS
On April 08, 2013, the Ministry of Information and Communications issued the Circular No. 09/2013/TTBTTTT issuing the list of software, hardware and electronic products.
THE MINIMUM CAPITAL REQUIRED ESTABLISHING AIRLINE AIR TRANSPORTATION BUSINESS IS 300 BILLION VND
On April 08, 2013, the Government issued the Decree No. 30/2013/ND-CP on air transportation and general air operation.
MEDIUM AND SMALL ENTERPRISE DEVELOPMENT FUND MUST NOT EXCEED VND 30 BILLION PER PROJECT
This is the directive of the Government at the Decision No.601/QD-TTg dated April 17, 2013 on establishing medium and small enterprise development fund.
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