Ho Chi Minh City Customs proposed to reduce VAT
20/03/2024 09:54 Regulations
VCN - Assessing the implementation of the policy of reducing the VAT rate by 2%, Ho Chi Minh City Customs Department said that in 2023, the amount of VAT reduced (corresponding to 2%) was implemented at the branches of the Ho Chi Minh City Customs Departm
Limiting the "power" of major shareholders under the Law on Credit Institutions (amended)
15/03/2024 13:52 Regulations
VCN - Accordingly, regarding the ownership rate of credit institutions, the Law on Credit Institutions (amended) has stipulated a reduction in the maximum ownership rate at a credit institution from 15% to 10% of charter capital for an institutional share
VCCI proposes zero tax rate to be maintained for exported services
13/03/2024 15:59 Regulations
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed a zero-value added tax (VAT) rate to be maintained for exported services, over worries that tax hikes would undermine the competitiveness of Vietnamese providers against foreign rivals.
Ministry of Finance anwser voters about on-spot imports and exports
13/03/2024 09:41 Regulations
The Ministry of Finance has been collecting comments to aggregate and submit options to the government for abolishing Article 35 of Decree 08/2015/NĐ-CP to ensure consistency between the legal system and reality.
Customs instructs C/O submission for imported cane sugar products
13/03/2024 09:38 Regulations
VCN - The General Department of Vietnam Customs (GDVC) has issued an official dispach instructing local customs departments to process procedures for imported sugar products.
SBV drafts regulations on a testing mechanism for Fintech
11/03/2024 09:52 Regulations
VCN - To prevent risks and promote new products, services, and business models, the State Bank of Vietnam (SBV) has developed a draft Government decree stipulating a controlled testing mechanism in the banking sector.
Finance sector abolishes 40 administrative procedures
09:23 | 10/03/2024 Regulations
VCN - The Ministry of Finance said that in the first two months of 2024, the Ministry of Finance issued four decisions announcing amendments and supplements and replacement of 21 administrative procedures; abolishing of 40 administrative procedures and is
Automate the registration fee management process
10:54 | 05/03/2024 Regulations
The General Department of Taxation is reviewing and completing the Draft of the procedure to replace the Registration Fee Management Process for other assets subject to registration fee (except houses and land).
Mixed tax regime not yet applied on beer and alcohol products
19:27 | 03/03/2024 Regulations
The Government has decided not to apply the mixed tax regime on beer and alcohol products.
General Department of Taxation reviews draft regulations on loan interest expense cap
16:11 | 19/02/2024 Regulations
The GDT said that it has coordinated with six local tax departments to organise a conference to review a draft decree that amends and supplements Decree 132/2020/NĐ-CP on tax management for enterprises with associated transactions.
The Government regulated four land valuation methods
15:47 | 15/02/2024 Regulations
The Government promulgated Decree 12/2024/NĐ-CP regulating specifically four land valuation methods.
Government issues new regulations on land valuation
05:42 | 09/02/2024 Regulations
The domestic real estate market will have four land valuation methods instead of the current five methods, according to a new decree issued by the Government on February 5.
Proposing to have information sharing mechanism in price management
09:13 | 06/02/2024 Regulations
VCN - In the draft Decree detailing and implementing measures for a number of articles of the 2023 Price Law, the Ministry of Finance has proposed many specific tasks for price stabilization as well as market price analysis and forecasting.
Policy on imported goods for export processing without a processing facility
17:27 | 05/02/2024 Regulations
VCN - The General Department of Customs has just instructed the Hanoi Customs Department to implement regulations on importing goods for export processing without a processing facility in Vietnamese territory.
Proposing for state-owned enterprises to divest capital from loss-making enterprises
14:40 | 02/02/2024 Regulations
VCN - The Ministry of Finance is proposing to amend regulations on removing obstacles for enterprises in which the State holds more than 50% of charter capital in the direction of building a legal basis for these enterprises to divest capital from other e
Untangling procedures for companies to import new products
11:46 | 29/01/2024 Regulations
VCN - According to Da Nang Customs Department, during the customs procedures, the department received feedback from companies that want to expand their range of new products but are unsure about the correct customs declaration procedures and wish to avoid
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Promoting review, classification and management of tax debt
09:53 | 21/07/2024 Regulations
According to the General Department of Customs, the amount of overdue debt recovered and processed in the first 6 months of 2024 for the all Customs sector reached VND 349 billion.
Documents required for vehicles transporting cargo across Lang Son Border Gate from August 1
09:50 | 20/07/2024 Regulations
VCN - On July 18, Lang Son Department of Industry and Trade notified the method of delivery and receipt of import and export cargo transported across customs clearance routes and specialized roads in the International Border Gate pair of Huu Nghi (Vietnam
Does goods imported for investment incentives project subjected to tax exemption?
09:38 | 12/07/2024 Regulations
That is the problem of Ba Ria - Vung Tau Customs Department related to processing tax exemption documents for imported goods to serve investment incentive projects.
Border gate area planning associated with digital transformation needs to prioritize human resources, equipment, and infrastructure
09:43 | 09/07/2024 Regulations
VCN - According to Lang Son Customs Department, to implement the master plan of the land border gate area associated with the goal of digital transformation, in which, to ensure successful implementation of the Customs Development Strategy until 2023, Bui
Proposal to reduce registration fees to restore growth of domestic automobile industry
09:33 | 07/07/2024 Regulations
VCN - Facing the significant decline in auto market sales in the last months of 2023 and early 2024, the Ministry of Finance is asking for opinions from ministries, central agencies and relevant agencies on continuing to reduce registration fee to restore