Regulations on specialized management for goods traded via e-commerce will be revised

Regulations on specialized management for goods traded via e-commerce will be revised

VCN – Currently, the ministry has offered feedback from ministries and government agencies on the draft decree regulating management for imports and exports traded via e-commerce.
Goods for Covid-19 prevention and control not subject to import duty and VAT payment

Goods for Covid-19 prevention and control not subject to import duty and VAT payment

VCN – The Ministry of Finance instructs customs dossiers for imports for Covid-19 pandemic prevention and control.
Goods for Covid-19 pandemic prevention exempted from import duty and VAT

Goods for Covid-19 pandemic prevention exempted from import duty and VAT

VCN – To support ministries and government agencies across the country in containing the Covid-19 pandemic, many businesses have actively imported medical equipment and medicine for effective control.
HCM City Customs makes suggestion to remove obstacles for imported medical equipment

HCM City Customs makes suggestion to remove obstacles for imported medical equipment

In order to facilitate the clearance of imported medical supplies and equipment, HCM City Customs Department suggests removing obstacles in policies for this item.
Processing additional declaration if determining enough grounds of appropriate quantity and unit price

Processing additional declaration if determining enough grounds of appropriate quantity and unit price

The customs authority will carry out additional declaration procedures for enterprises if determining enough grounds of appropriate quantity and unit price
Guidance on customs supervision for goods in transit with packing

Guidance on customs supervision for goods in transit with packing

The General Department of Vietnam Customs issued a document to guide Tay Ninh Customs Department regarding customs supervision of goods in transit
Seafood enterprise proposes to issue electronic C/O

Seafood enterprise proposes to issue electronic C/O

Discovering many inadequacies in C/O issuance, VASEP proposed the Ministry of Industry and Trade to support enterprises to carry out procedures of granting electronic C/O (e-C/O)
Suggest adjusting the registration fees for the transfer price of some assets on the market

Suggest adjusting the registration fees for the transfer price of some assets on the market

Changing the price calculation of registration fees for some assets transferred on the market will contribute to reforming administrative procedures, avoiding loss of revenue for the State budget.
Regulations on management of state revenues via State Treasury will be revised

Regulations on management of state revenues via State Treasury will be revised

VCN – The Ministry of Finance has issued Circular 72/2021 to revise some articles of Circular 328/2016 guiding the collection and management of revenues via the State Treasury.
Amending Circular 03: Extending debt restructuring period, not extending provisioning

Amending Circular 03: Extending debt restructuring period, not extending provisioning

According to the draft amendment to Circular 03/2021/TT-NHNN, the debt restructuring period will be extended to June 30, 2022 instead of the current end of 2021
Regulation on service prices in securities sector

Regulation on service prices in securities sector

VCN - The Ministry of Finance is consulting on a draft Circular regulating service prices in the securities sector applicable to securities trading organizations and commercial banks participating in Vietnam's stock market.
Regulations for removing difficulties and supporting taxpayers issued

Regulations for removing difficulties and supporting taxpayers issued

Regulations on guiding to implementing policies of supporting and removing difficulties are promulgated when taxpayers face difficulties or suffer damage in force majeure events.
Accept scanned copy of self-certification of C/O form D

Accept scanned copy of self-certification of C/O form D

The General Department of Vietnam Customs issued a guidance document on the self-certification of C/O form D to facilitate trade during the Covid-19 pandemic
Edit the Law on prices: Legalise price analysis and forecasting

Edit the Law on prices: Legalise price analysis and forecasting

The Ministry of Finance (MOF) proposed to amend the law on prices to create a specific legal corridor for the synthesis, analysis and forecast of the price
Is a delay in implementing customs procedures due to the Covid-19 pandemic cause for administrative violations?

Is a delay in implementing customs procedures due to the Covid-19 pandemic cause for administrative violations?

Due to the impact of the Covid-19 pandemic, many shipments could not implement customs procedures within 30 days of the date of arrival because the firm is locked down.
Revising on-lending rate of ODA and foreign concessional loans to provincial People’s Committees

Revising on-lending rate of ODA and foreign concessional loans to provincial People’s Committees

VCN – The Government issued Decree 79/2021 to revise some articles of Decree 97 dated June 30, 2018 on on-lending or ODA and foreign concessional loans.
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Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report to National Assembly for consideration and allowing to implementing in the second half of 2024.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and e
No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

No need to reduce the output of manufacturing and assembling automobile to enjoy preferential tariff

The Ministry of Finance has responded to the suggestions of VAMA regarding the adjustment of reducing automobile volume to apply a tax rate of 0% for imported components and spare parts used for manufacturing automobile
Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

Hundreds of tons of cinnamon essential oil are left in inventory due to export regulations

VCN - Enterprises exporting cinnamon essential oil are facing difficulties due to regulations on pharmaceutical trading of the Ministry of Health, leading to hundreds of tons of essential oil being left in stock in raw material areas.
Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

Business suspension of temporary import and re-export of Monazite ores and ore concentrates will be valid on May 13th

The Ministry of Trade and Industry issued Circular 05/2024/TT-BCT regulating the temporary suspension of temporary import and re-export of Monazite ores and ore concentrates business.
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