MoF recommends fee, levy changes
(Dec 18, 2014)
The Ministry of Finance (MoF) proposed to omit or adjust 22 fees and four levies in the draft of the Law of Fees and Levies.
The Ministry of Industry and Trade (MOIT) issued Circular No.
41/2014/TT-BCT (5 November 2014) on bases and procedures for determining
that a foreign employee internally transferring within an enterprise
belonging to one of eleven services in the list of service commitments
of Viet Nam on the WTO (Service Commitment List) is not required to
obtain a work permit.
Foreign investors must be committed to a long-term attachment in terms
of interest in domestic credit institutions, if they want to buy stakes
and become strategic investors of these organisations.
The entrustment of export and import of goods usually causes disputes between the mandator and mandatory.
The implementation of strategies and plans and the
progress of investment projects, as well as violations committed by
State-owned enterprises (SOEs), must be reported regularly to ministries
and provincial authorities in charge.
The first decree of the Law on Public Investment will soon be issued,
Minister of Planning and Investment Bui Quang Vinh said during last
week's Viet Nam Development Partnership Forum (VDBF).
Paying wages to employees is one of the most basic obligations of the
employer. However in principle, the different forms of wage payment as
well as payroll calculation methods still often confuse enterprises.
The National Assembly's approval of the long-awaited amendments to the
Housing Law on November 25 is more significant than previously thought
and marks a strong step towards opening up the Viet Nam real estate
market to overseas investment, property consultant CBRE Viet Nam has
said in a press release.
Viet Nam will prioritise investment and development of 172 advanced
technology sectors, according to a decision approved recently by the
The State Bank of Viet Nam (SBV) issued Circular No 30/2014/TT-NHNN
(November 6, 2014) on entrustment and taking entrustment of credit
institutions and the branches of foreign banks.
GlobalVue has ranked Viet Nam as one of the top 10 potential markets for franchise ventures in 2013.