The Ministry of Natural Resources and Environment has just issued the Circular No. 37/2014/TT-BTNMT dated June 30, 2014 detailing compensation, support and resettlement upon land recovery by the State. Within that, the important content is the change of the land use purpose from agricultural land to residential land for resettlement in case the land parcel with a house is recovered and has an area of agricultural land not recognized as residential land, which is prescribed in Clause 5, Article 6 of Decree No. 47/2014/ND-CP.
To exempt the enterprise income tax for the Government bond in the international market
The Government has just issued the Decree No. 98/2014/ND-CP dated October 24, 2014 providing the establishment of political organizations and socio-political organizations at enterprises of
all economic sectors and this Decree takes effect on December 10, 2014 prescribing that within six months after an enterprise is established and commences operation, the local Trade Union organization, the sectoral Trade Union organization or the Trade Union organization of the industrial park or export processing zone shall coordinate with the enterprise in establishing a Trade Union organization.
On October 28, 2014, the Governor of State Bank issued the Decision No. 2172/QD-NHNN dated October 28, 2014 of the State Bank of Vietnam providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions in accordance with the Circular No. 06/2014/TT-NHNN dated March 17, 2014.
This is the content of the Circular No. 23/2014/TT-BLDTBXH dated August 29, 2014 of the Ministry of Labor, War Invalids and Social Affairs guiding the implementation of a number of articles of the Decree No.03/2014/ND-CP Decree No. 03/2014/ND-CP detailing the implementation of a number of Articles of the Labor Code regarding employment.
On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.