Amending and supplementing a number of article of the insurance business law 2010

20-06-2014 The Law on Excise Tax provides for taxable and non-taxable objects, and payers, bases, refund, deduction and reduction of excise tax. CONTENT Chapter 1: General Provisions Chapter 2: Tax bases Chapter 3: Tax refund, deduction and reduction Chapter 4: Implementation provisions Tax rate for alcohol and beer products had some changes from January 1, 2013. Source: Ministry of Finance The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable but their accuracy, completeness or correctness is not guaranteed. B&Company Vietnam accepts no liabilities whatsoever for any direct or consequential loss arising from any use of this document or its contents.

18-08-2014 Act on customs 2014, issued by The Socialist Republic of Vietnam prescribes the State management over customs with regard to exported, imported or transited goods, transport means on exit, entry and in transit, of foreign and domestic organizations and individuals; and the organization and operation of the customs service. This Law shall apply to: Organizations and individuals that export, import or transit goods, and/or have transport means on exit, entry, and in transit; customs offices and customs officers; other State bodies involved in coordinating the State management over customs. This law is validated from January 1st, 2015 Content CHAPTER 1: General provisions CHAPTER 2: Task and organization of the

08-06-2014 Circular 111/2013/TT-BTC prescribes the implementation of the law on personal income tax, the law on the amendments to the law on personal income tax, and the governmental decree No 65/2013/ND-CP elaborating a number of articles of the law on personal income tax and the law on the amendments to the law on personal income tax. Content CHAPTER 1: General provisions CHAPTER 2: Basis for calculating tax incurred by residents CHAPTER 3: Basis for calculating tax incurred by non-residents CHAPTER 4: Tax registration, tax deduction, tax declaration, tax settlement, tax refund CHAPTER 5: Implementation Source: Ministry of Finance The information and statements contained herein, including any expression of opinion, are

12-08-2014 Vietnamese government has issued list of projects that call for FDI till 2020. The list consists of 127 projects focusing mainly on infrastructure. The Decision takes effect from April 29, 2014. The list includes: 1. Infrastructure 1.1  Traffic infrastructure –      Road –      Railway –      Airport –      Sea port 1.2  Energy infrastructure 1.3  Urban infrastructure –      Urban traffic –      Urban water supply –      Urban solid waste treatment 1.4  Industrial system development 2. Social infrastructure system 2.1  Education and Training –      International standard university –      Special vocation and training centres 2.2  Health care infrastructure system –      High quality specialised hospitals –      International standard general hospitals –      Pharmaceutical and health care equipment

New tariff for export and import goods 2013

06-08-2014 Decree 218/2013/ND-CP regulates in detail and guides the implementation of a number of articles of the Law on corporate income tax and the Law on amending and supplementing a number of articles of the Law on corporate income tax including: taxpayer, taxable income, Exempt income, determination of taxable income, loss and loss carrying; revenues, deducted or undeducted expenses when determining the taxable income, tax rate, method of tax calculation, tax incentives and conditions for application of tax incentives. Content: CHAPTER 1: General provisions CHAPTER 2: Grounds and method of tax calculation CHAPTER 3: Income from transfer of real estate CHAPTER 4: Incentive corporate income tax CHAPTER 5: Implementation provisions Source:

18-08-2013 This Law regulates investment activities for business purposes; the rights and obligations of investors; the guarantee of lawful rights and interests of investors; encouragement of investment and investment incentives; State administration of investment activities in Vietnam and offshore investment from Vietnam Content CHAPTER 1: General provisions CHAPTER 2: Investment guarantees CHAPTER 3: Rights and obligations of investors CHAPTER 4: Forms of Investments CHAPTER 5: Investment sectors and geographical areas, investment incentives and support Section 1: Investment sectors and geographical areas Section 2: Investment incentives Section 3: Investment support CHAPTER 6: Direct Investment activities Section 1: Investment procedures Section 2: Commencement of implementation of investment projects CHAPTER 7: Business investments

18-08-2014 This law provides for the publishing organization and activities; rights and obligations of agencies, organizations and individuals involved in publishing activities. Publishing activities, including the fields of publishing, printing and release of publications. This law applies to agencies, organizations, individuals and foreign organizations operating in Vietnam, foreign individuals residing in Vietnam related to publishing activities. CONTENT: Chapter 1: General Provisions Chapter 2: Publishing field Chapter 3: Publication printing field Chapter 4: Publication release field Chapter 5: Publishing and release of electronic publications Chapter 6: Implementation provisions Source: Ministry of Justice The information and statements contained herein, including any expression of opinion, are based upon sources believed to be reliable

27-03-2012 Decree 139/2007/NĐ-CP guides in detail the implementation of a number of articles of the Enterprise Law regarding the establishment, management organization, operation, re-organization and dissolution of enterprises. This Decree applies to specified companies and enterprises; Individual business households; and other organizations and individuals involved in the stablishment, management organization, operation, re-organization and dissolution of enterprises. It contains 31 articles and takes effect from September 20, 2007. Article 1. Scope of regulation Article 2. Subjects of application Article 3. Application of the Enterprise Law, treaties and relevant laws Article 4. Prohibited business lines Article 5. Conditional business lines and business conditions Article 6. Business lines for which practice certificates are