Further improving National Single Window, automated system for customs management

Further improving National Single Window, automated system for customs management

VCN - In addition to achievements and facilitating import and export activities, the implementation of the Aviation National Single Window and the automated system for Customs management and supervision still has shortcomings, as well as technical and ope
Transit goods only subject to physical inspection based on risk assessment

Transit goods only subject to physical inspection based on risk assessment

VCN - The GDVC has requested local customs departments to implement customs inspection and supervision procedures for transit goods in line with these agreements, Article 43 of Decree No. 08/2015/ND-CP dated January 21, 2015 of the Government, and guidanc
Suggesting new charges for certificate of origin

Suggesting new charges for certificate of origin

The Ministry of Finance is drafting Circular prescribing fees and charges payable in the certificate of origin (C/O), collection, transfer, management and use thereof
Consider a 30% reduction in road use fee for transportation business

Consider a 30% reduction in road use fee for transportation business

VCN - It is necessary to issue a Decree to unify regulations on the rate and regimes of collection, payment, exemption, management and use of road use fees to stabilize the state budget revenue from this revenue and serve the maintenance of the road syste
Do enterprises get VAT refund if making additional declarations due to incorrect tariff rates?

Do enterprises get VAT refund if making additional declarations due to incorrect tariff rates?

T&N Trading and Investment Company Limited suggested the Customs authority answer if enterprises get a VAT refund if making additional declarations due to incorrect tariff rates.
Destroyed goods in bonded warehouses not required to declare for tax payment

Destroyed goods in bonded warehouses not required to declare for tax payment

If goods are preserved and the enterprise destroys them in bonded warehouses and complies with the condition as prescribed, enterprises shall not declare for tax payment of import duty and VAT.
Correction of regulations in Circular 108/2021/TT-BTC

Correction of regulations in Circular 108/2021/TT-BTC

The Ministry of Finance has just corrected a number of regulations related to Circular 108/2021/TT-BTC.
The Ministry of Planning and Investment responds questions relating to the implementation of Circular 05

The Ministry of Planning and Investment responds questions relating to the implementation of Circular 05

Responding to the problems and requests for guidance, the Ministry of Planning and Investment said the unit is reviewing and studying to adjust the Circular amending and supplementing Circular No. 05.
Procedures for granting permits for importing fertilizers updated

Procedures for granting permits for importing fertilizers updated

VCN - As of October 15, 250 administrative procedures of 13 ministries and sectors were connected to the National Single Window.
Strongly reform administrative procedure stipulated in draft Law on Prices (amended)

Strongly reform administrative procedure stipulated in draft Law on Prices (amended)

The reform of administrative procedures in the draft Law on Price (amended) has received special attention from the Ministry of Finance to control administrative procedures
Modifying the policy on customs procedures - specifying the goal of  going paperless

Modifying the policy on customs procedures - specifying the goal of going paperless

The orientation to simplify customs procedures, towards paperless customs, has been implemented by the General Department of Customs in many aspects
Guidance for owner of e-commerce in providing information to tax authority

Guidance for owner of e-commerce in providing information to tax authority

General Department of Taxation requested its tax branches to guide the e-commerce organizations to provide information complied with the regulations in Decree No.91/2022/ND-CP.
Guidelines for the implementation of the Protocol on Supporting the production of motor transport vehicles

Guidelines for the implementation of the Protocol on Supporting the production of motor transport vehicles

Deputy Prime Minister Le Van Thanh signed Decision No. 22/2022/QD-TTg guiding the implementation of the Protocol (2nd Amendment) on supporting the production of motor transport vehicles
International practices in price management

International practices in price management

The Ministry of Finance said there isn't a massive gap in the regulations of price management in Vietnam and other countries applying for goods items subjected to State management.
Progress of administrative procedures in NSW is uneven

Progress of administrative procedures in NSW is uneven

VCN – The launching of the National Single Window (NSW) has brought positive changes in the implementation of administrative procedures. But there is a difference in the implementation among procedures, failing to realize expectations to make breakthrough
Focusing on reforming and facilitating businesses when amending customs policies

Focusing on reforming and facilitating businesses when amending customs policies

In the draft circular replacing Circular 38/2015/TT-BTC and Circular 39/2018/TT-BTC of the Minister of Finance, the regulations on checking valuation and post-clearance audit will have many new points.
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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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