Inventory of public assets aims to accurately reflect the true nature of state budget resources

Inventory of public assets aims to accurately reflect the true nature of state budget resources

VCN - Implementing Decision No. 213/QD-TTg of the Prime Minister on the Project for a total inventory of public assets (TSC), currently the lead unit, the Ministry of Finance, is implementing work to carry out a total inventory of TSC at agencies, organiz
Hanoi Customs: Thoroughly addressing the concerns of processing, export production, and export processing enterprises

Hanoi Customs: Thoroughly addressing the concerns of processing, export production, and export processing enterprises

VCN - Recently, the Hanoi Customs Department has captured and responded to many questions from enterprises regarding customs procedures, financial reporting, and production facilities for processing, export production, and export processing types.
Perfecting the legality of cryptocurrencies, supporting the prevention of violations

Perfecting the legality of cryptocurrencies, supporting the prevention of violations

VCN - The addition of many regulations in Decree No. 52/2024/ND-CP on non-cash payments is considered to help meet the requirements of digital transformation and promote non-cash payments in the economy.
Hanoi Customs: thoroughly addressing concerns of processing, export production, and export processing enterprises

Hanoi Customs: thoroughly addressing concerns of processing, export production, and export processing enterprises

VCN - Processing, export production, and export processing enterprises account for 65% of the total customs declarations and 85% of the total import and export turnover through the Hanoi Customs Department. Therefore, issues related to policies and proced
Calculating land rent based on the time of handover

Calculating land rent based on the time of handover

The Land Law of 2024, approved by the National Assembly on January 18, 2024, is expected to take effect on July 1, 2024, with significant changes related to land finance.
Financial policy helps strengthen state management of land

Financial policy helps strengthen state management of land

VCN - The implementation of these policies in recent times has contributed to strengthening state management of land, encouraging organizations and individuals to use land economically and effectively, creating a stable source of income for the state budg
Procedures for import tax incentives for non-domestically produced raw materials and components

Procedures for import tax incentives for non-domestically produced raw materials and components

VCN - Appendix III on the List of areas eligible for investment incentives attached to Decree 31/2021/ND-CP of the Government stipulates economic zones and high-tech zones in an extremely disadvantaged area.
E-commerce frauds require utmost in attention from regulators

E-commerce frauds require utmost in attention from regulators

Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities.
Is animal feed containing Formic Acid precursors "helpless" in management?

Is animal feed containing Formic Acid precursors "helpless" in management?

VCN - According to regulations, import activities of precursors must be controlled from raw materials to final products. However, there are some items containing precursors that have management inadequacies and it is not clear which sector is responsible
Businesses and people expect VAT cut extension to be approved

Businesses and people expect VAT cut extension to be approved

People and businesses are looking forward to the Government's proposal on extending VAT reduction in the last six months being considered and approved by the National Assembly.
Proposal to continue reducing VAT by 2% to support people and businesses

Proposal to continue reducing VAT by 2% to support people and businesses

The Government has just submitted a proposal to the National Assembly for consideration, allowing to the continued implementation of the policy of reducing the VAT rate by 2% in the last 6 months of 2024
Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

GDVC has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry
Small, low-value items imported on e-commerce platforms should be taxed

Small, low-value items imported on e-commerce platforms should be taxed

Millions of packages of small, low-value items that are crossing the border into Vietnam daily should be subjected to VAT, special consumption and environmental taxes, according to industry experts and domestic e-commerce sellers.
Customs finds difficulties because there is no e-cigarette management policy

Customs finds difficulties because there is no e-cigarette management policy

VCN - E-cigarette products are invading and being used more and more commonly in our country, especially among young people, teenagers, and students. Meanwhile, there is currently no management policy for this item, making it difficult for Customs to determine violations and apply sanctions.
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
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Propose a 15-30% reduction in land rents in 2024 for people affected by typhoon Yagi

Propose a 15-30% reduction in land rents in 2024 for people affected by typhoon Yagi

VCN - To support people and businesses with more resources to cope with difficulties and challenges in production and business due to the impact of typhoon No. 3 (Yagi), the Ministry of Finance proposed a 15-30% reduction in land rents in 2024.
Amending 3 important policies in the Law on State Budget

Amending 3 important policies in the Law on State Budget

The Ministry of Finance proposed regulations allowing local budgets to invest in the construction of central infrastructure works in the locality
MoF proposes to abolish Article 35 on “on-the-spot import and export” in Decree No.08/2015/ND-CP

MoF proposes to abolish Article 35 on “on-the-spot import and export” in Decree No.08/2015/ND-CP

VCN - According to the drafting committee, the revision aims to resolve problems arising in practice, meeting the requirements of deploying the information technology system to implement Digital Customs.
Revised Law on Special Consumption Tax to reduce consumption rate of products harmful to health

Revised Law on Special Consumption Tax to reduce consumption rate of products harmful to health

VCN - According to Mr. Truong Ba Tuan, Deputy Director of Department of the Tax policies, fees and charges Supervisory Authority (the Ministry of Finance), the current Law on Special Consumption Tax stipulates 10 commodity groups and six service groups su
Chile officially issues electronic C/O form VC from November 1, 2024

Chile officially issues electronic C/O form VC from November 1, 2024

VCN - The General Department of Customs has just sent a notice to the local customs departments related to electronic Certificate of Origin (C/O) in the Vietnam - Chile Free Trade Agreement (FTA)
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