Considering to impose 5% of VAT on fertilizers
14/06/2024 10:53 Regulations
Under the draft amended Law on Value-Added Tax (VAT), fertilizers are expected to be included in the category of goods subject to VAT at a rate of 5%
Fixing VAT rates with fertilizers brings dual benefits to "3 houses"
11/06/2024 10:36 Regulations
The proposed amendments to the VAT Law for fertilizers, if implemented, have the potential to alleviate many of these difficulties, providing enterprises with better opportunities
Regulations on bad debt trading, settlement revised
10/06/2024 16:23 Regulations
The State Bank of Vietnam (SBV) has issued Circular 03/2024/TT-NHNN on bad debt trading and settlement of the Vietnam Asset Management Company (VAMC) to make the work more effective.
Policy on business registration to be revised
10/06/2024 16:16 Regulations
The revised decree (No. 01/2021/NĐ-CP) aims to streamline lots of processes, creating maximum favourable conditions for enterprises, respecting the autonomy of enterprises and protecting the legitimate rights and interests of the company.
Proposal to extend the special consumption tax payment deadline for domestically produced and assembled cars
09/06/2024 10:07 Regulations
Total amount of special consumption tax (SCT) on domestically produced and assembled cars, if extended, is about VND 8,560 billion.
Proposal to reduce the collection rates of 36 fees and charges in 2024
06/06/2024 10:11 Regulations
VCN - In addition, fees and charges are proposed to reduce by 30% in the following areas: appraisal of business conditions in technical inspection of labor safety; occupational safety and hygiene training; medical fees…
Removing problems on settlement reports and archive for export processing enterprises
09:54 | 03/06/2024 Regulations
VCN - During the customs clearance process, issues such as management of raw materials, supplies or settlement reports are always of concern to export manufacturing and production and export processing enterprises. Hanoi Customs Department has answered ma
Clear policies needed for addressing violations of new generation tobacco products
21:12 | 01/06/2024 Regulations
VCN - According to the General Department of Market Management, from 2020 to 2024, the General Department has regularly directed, inspected, supervised, and strengthened inspections, controls, and the handling of violations regarding the trade of illegal
Inventory of public assets aims to accurately reflect the true nature of state budget resources
08:51 | 01/06/2024 Regulations
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
09:36 | 31/05/2024 Regulations
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
13:42 | 28/05/2024 Regulations
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
15:50 | 27/05/2024 Regulations
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
11:06 | 26/05/2024 Regulations
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
10:17 | 24/05/2024 Regulations
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
09:40 | 21/05/2024 Regulations
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
20:07 | 18/05/2024 Regulations
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.
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New regulations on foreign indirect investment in Vietnam drafted
13:46 | 15/10/2024 Regulations
The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.
Considering amending regulations on suspension from exit due to tax arrears
09:30 | 15/10/2024 Regulations
VCN - To facilitate the implementation of suspension from exit, the General Department of Taxation directs specialized units to study and amend and supplement current regulations to ensure both improving the efficiency of tax debt collection and creating
How to handle export processing enterprises forgetting to open a corresponding import declaration
09:17 | 14/10/2024 Regulations
VCN - From 2014 to 2019, Dragonjet Vietnam Co., Ltd. (headquartered in Que Vo Industrial Park, Bac Ninh) opened 17 on-site export declarations of domestic enterprises, however, the company “forgot” to open a corresponding import declaration. Dragonjet Vie
Food safety rules relaxed for emergency imports
10:58 | 12/10/2024 Regulations
Products and goods provided by foreign governments and international organizations for emergency relief to people recovering from storm No. 3 are exempt from state inspection of food safety and quality.
Checking and reviewing the classification of exported copper
09:37 | 10/10/2024 Regulations
General Department of Vietnam Customs requests the customs departments of provinces and cities to strengthen the inspection and review of the classification of exported copper.