What procedures for large warehouse operation in Vietnam?
Large warehouse always attracts many domestic and foreign investors. Because they not only are appreciated for the quality but also included support services. Especially, legal support services are always detailedly instructed. So, what procedures should be prepared before large warehouse operation?
Enterprise registration fees to be reduced from September 20th, 2019
Fees for enterprise registration will decrease from September 20th, 2019, according to the recently issued Circular No. 47/2019/TT-BTC regulating levels and regimes of collection, payment and use of fees for provision of corporate information and enterprise registration fees.
What is called Vietnamese goods?
In the past time, the situation of imported goods “wearing” Vietnamese goods has been increasing. Some products are still labeled “made in Vietnam” or “Vietnamese goods”, although they are not true. Therefore, the draft Circular on how to identify products and goods as products or goods of Vietnam or made in Vietnam by the Ministry of Industry and Trade has given some points to help clarify this issue.
[LEGAL] Remove all barrier for FDI
On his first trip to Japan, Vietnam New Prime Minister Mr.Nguyen Xuan would participate in 42nd G7 Submit – an extremely significant event to Vietnam. Before the event, in the evening of 26th May, 2016, Prime Minister Nguyen Xuan Phuc had held a direct talking conference with Japanese Entrepreneurs.
Changes in landline telephone area code and in Kizuna’s contact from 17/6/2017
The change will take place within 1 month for each phase. During that time, both new and old phone area codes are running in parallel. After the 13th of March (of the 1st phase) the 14th of May (of the 2nd phase) and the 16th of July (of the 3rd round), all applicable calls must be made with the new area code. Number change notification will be provided in the next month, during which time when users dial in the old area code, there will be instructions to redial.
How does waste from electronics industry impact the environment?
To meet the increasing demand of using electronic equipment, domestic and foreign enterprises have been actively investing in building a lot of factories and production workshops to supply electronic components for foreign businesses in the electronics industry having factories in Vietnam. This brings many benefits to the development of the domestic electronics industry, as well as creating conditions to attract foreign enterprises to invest here.
Region-based minimum wage levels rises from January 1, 2018
On December 07th, 2017, the government has issued Decree 141/2017/ND-CP stipulating the area-based minimum salary for employees who have labor contracts
New regulations on Social Insurance from 2018
According to clause 1, article 124 of the Social Insurance Law in 2014, from January 1st, 2018, new subjects to compulsory social insurance include:
– The employees working under labor contracts of a definite term between one full month and under three months.
– The foreigners working in Vietnam with work permits or practice certificates or practice licenses granted by competent Vietnamese authorities will be subject to compulsory social insurance.
Team Building 2018 for companies operating in KIZUNA Serviced Factory
In September, Kizuna organized a team building for businesses operating in KIZUNA Serviced Factory, with the participation of 5 companies including DONATA, CAM INTERNATIONAL, OHKUBO, EEPACK andMARIGOLD. With the spirit “Work hard, play harder”, the management of the company joined with all employees in the company to experience all the team building activities in Phan Thiet this year.
Certificate of Food Safety for companies investing in Vietnam
Pursuant to the Vietnam’s Food Safety Law No. 55/2010/QH12 entered into force on July 1st, 2011 and the relevant decrees and circulars, enterprises producing and trading food must be issued Certificate of Food Safety before production and sales. This certificate will be issued by the Department of Industry and Trade or the Department of Agriculture and Rural Development depending on the specific kind of food and has a 3-year duration. 6 months before the expiry, enterprises must submit dossiers of application for re-issue in case of resumption of production and sales. If the authorities check that the certificate is no longer valid, the enterprise will be subject to administrative sanctions in accordance with Decree 178/2013/ND-CP, with fines ranging from VND 300,000 to VND 15,000,000.