Forum discusses support for women-owned firms ​to join supply chains Overseas remittances to HCM City record highest increase in three years Domestic retailers eye export-quality products
Extending deadline for storage of goods in bonded warehouses and duty-free goods

Extending deadline for storage of goods in bonded warehouses and duty-free goods

27/12/2021 15:51 Regulations

VCN – The storage deadline for goods in duty-free shops, warehouses of duty-free sales enterprises and bonded warehouses will be extended.
Instruct import procedures for consignments stored beyond deadline

Instruct import procedures for consignments stored beyond deadline

23/12/2021 09:57 Regulations

VCN – The GDVC requests municipal and provincial customs departments to study and comply with the instruction at their departments,
Sturgeon allowed to be used after Customs clearance

Sturgeon allowed to be used after Customs clearance

20/12/2021 10:53 Regulations

VCN - The General Department of Customs has given this instruction for imported fresh sturgeon.
New regulations on goods origin

New regulations on goods origin

15/12/2021 14:07 Regulations

VCN – The Decree also amends and supplements Clause 3, Article 12, about the name and address of the organization or individual responsible for the goods.
Instructions for destruction of goods stored in bonded warehouses

Instructions for destruction of goods stored in bonded warehouses

15/12/2021 14:05 Regulations

VCN - Procedures for handling goods in stock in the customs control area are specified in the Government’s Decree 29/2018/ND-CP, Circular 57/2018 and Circular 203/2014 of the Ministry of Finance.
Completing the legal framework to develop and improve the efficiency of state-owned enterprises

Completing the legal framework to develop and improve the efficiency of state-owned enterprises

12/12/2021 10:39 Regulations

It is necessary to correct amendments and supplements to further improve the legal framework to ensure the development and improve the operational efficiency of SOEs.
New regulations on salary and bonuses for supervisory boards

New regulations on salary and bonuses for supervisory boards

20:00 | 11/12/2021 Regulations

VCN – The Ministry of Finance has recently issued Circular 105/2021/TT-BTC, guiding the salary, wage and remuneration of heads of single-member limited liability companies, of which charter capital is wholly owned by the State.
Specialized inspection procedures on NSW will overcome the inadequacy of “one or two” item inspection agencies

Specialized inspection procedures on NSW will overcome the inadequacy of “one or two” item inspection agencies

09:00 | 05/12/2021 Regulations

VCN - Many imported goods are subject to both quarantine and quality inspection under the management of the Ministry of Agriculture and Rural Development. So what is the solution to remove these difficulties for production? Seeing as there are up to 70% o
Tax exemptions for re-imported goods - As long as you have the paperwork

Tax exemptions for re-imported goods - As long as you have the paperwork

09:05 | 04/12/2021 Regulations

Customs authority will not collect tax on re-imported goods if customs declarants submit a complete set of tax exemption dossiers at the time of carrying out re-import procedures.
Goods and gifts are no longer subject to preferential tariff under Resolution 106

Goods and gifts are no longer subject to preferential tariff under Resolution 106

09:03 | 04/12/2021 Regulations

For cases when an enterprise imports gifts or presents from a foreign organization to an organization in Vietnam, the policy of import duty and value-added tax will not be applied, per resolution No. 106/NQ-CP
Remaining raw materials, supplies and processed products gathering dust

Remaining raw materials, supplies and processed products gathering dust

10:11 | 03/12/2021 Regulations

VCN – Current tax laws do not stipulate time limits for inventory or change of purpose for excessive material, supplies after production and excessive processed products after export.
Customs to deduct quantity of imported goods to support pandemic prevention and control

Customs to deduct quantity of imported goods to support pandemic prevention and control

14:58 | 02/12/2021 Regulations

VCN - The General Department of Customs agreed with the proposal of the Ho Chi Minh City Customs Department that the quantity of imported goods will be deducted in order to support the pandemic prevention and control, according to Resolution No. 106/NQ-CP
Removing problems on effective date of certificate of scrap imports

Removing problems on effective date of certificate of scrap imports

10:24 | 01/12/2021 Regulations

VCN - During customs clearance for imported scrap, the General Department of Customs encountered problems on the effective date of the certificate of eligibility for environmental protection in importing scrap as production materials.
Gifts not subject to tax incentives under Resolution 106

Gifts not subject to tax incentives under Resolution 106

10:23 | 01/12/2021 Regulations

VCN - According to the General Department of Customs, imported gifts or presents from a foreign organization to an organization in Vietnam will not be subject to import tax and value-added tax policies applicable to goods imported for use as humanitarian
Ministry of Finance proposes to reduce 50% of environmental protection tax on aviation fuel

Ministry of Finance proposes to reduce 50% of environmental protection tax on aviation fuel

10:00 | 30/11/2021 Regulations

The Ministry of Finance is consulting on the Resolution of the National Assembly Standing Committee about the environmental protection tax rate for aviation fuel.
Are there any risks when the Customs office refunds the overpaid Value Added Tax at the import stage?

Are there any risks when the Customs office refunds the overpaid Value Added Tax at the import stage?

12:15 | 29/11/2021 Regulations

VCN - According to the provisions of the Law on Tax Administration and guiding documents, specifically Point 4, Clause 65, Article 1 of Circular 38/2018/TT-BTC amending and supplementing Circular 38/2015/TT-BTC, Customs has the authority to refund the ove
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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

17:09 | 14/04/2024 Regulations

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

10:33 | 13/04/2024 Regulations

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

09:09 | 11/04/2024 Regulations

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

09:31 | 10/04/2024 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

20:09 | 07/04/2024 Regulations

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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