Policy on quality inspection of goods need to create facilitation and prevent fraud
11/08/2024 08:56 Regulations
With the strong development of international e-commerce, individuals in Vietnam can easily order goods through websites, and goods are shipped to Vietnam through express delivery companies. Therefore, there needs to be specific policies for cases exempted
Businesses concerned about waste if foreign standards are not yet recognized
10/08/2024 10:40 Regulations
VCN - The draft Law amending and supplementing several articles of the Law on Standards and Technical regulations, led by the Ministry of Science and Technology, is expected to be presented to the National Assembly for consideration during the 8th session
Tax refund applied for imported raw material serving for export production
07/08/2024 14:43 Regulations
According to regulations, imported raw materials for production have paid import tax, when exporting products, if they meet all conditions, they will be refunded tax.
Revising SCT on automobiles must ensure harmony of benefits
02/08/2024 14:12 Regulations
VCN - At the Workshop "Draft regulations on revising special consumption tax (SCT) on automobiles: Impacts and Recommendations" organized by the Central Institute for Economic Management (CIEM) on August 1, many multi-dimensional comments of experts and b
Completing regulations on land use fees and land rent
02/08/2024 09:51 Regulations
VCN - Assigned to develop a draft Decree guiding the implementation of the 2024 Land Law, the Ministry of Finance has been receiving many comments for the draft Decree on land use fees and land rent.
Amendment of regulations on electronic invoices
30/07/2024 15:18 Regulations
Ministry of Finance has completed the draft Decree amending Decree No. 123/2020/ND-CP dated October 19, 2020 regulating invoices and documents to send to the Ministry of Justice for appraisal.
Developing special preferential import tariff schedule to implement Vietnam - Laos Trade Agreement for 2024-2029
09:49 | 30/07/2024 Regulations
VCN - In order to implement Vietnam's commitment on import tax under the Vietnam - Laos Trade Agreement, the Government issued Decree No. 127/2022/ND-CP stipulating the special preferential import tariff schedule to implement the Vietnam - Laos Trade Agre
Regulations on supplementing micronutrients cause waste and ineffectiveness for food businesses
16:49 | 27/07/2024 Regulations
VCN - In response to the shortcomings, the Ho Chi Minh City Food Association and a number of industries have repeatedly proposed in a hope to timely lift difficulties for businesses in the food processing industry.
Need to have a specialized process of customs supervision at Binh Nghi (Lang Son)
08:01 | 27/07/2024 Regulations
it is necessary to have a specific vehicle management and monitoring software system suitable to the reality of Binh Nghi sub-border gate.
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
VAT reform promotes sustainable development of the agricultural sector
10:19 | 06/07/2024 Regulations
In the revised Draft Law on Value Added Tax (VAT), the conversion of fertilizers and specialized machinery and equipment serving agricultural production to applying 5% VAT
Customs implements VAT reduction policy from July 1st
15:58 | 01/07/2024 Regulations
To implement the contents relating to customs field, General Department of Vietnam Customs requested local customs departments to reduce VAT for group of commodities as stipulated at Decree 72/2024/NĐ-CP.
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Adding tax exemption conditions in the draft revised Law on Corporate Income Tax
09:26 | 16/09/2024 Regulations
VCN - Practice has raised the need to amend and supplement the Law on Corporate Income Tax (CIT) to suit the development of the domestic and foreign economy and society. According to the assessment, the completion of the draft Law on Corporate Income Tax
Increasing penalties to reduce violations in independent auditing
12:32 | 15/09/2024 Regulations
VCN - According to data from the Ministry of Finance, Vietnam currently has around 2,400 practicing auditors who are certified to perform audit services, with over 220 audit firms certified to provide these services.
Amending the Law to create the best conditions for state-owned enterprises
11:05 | 14/09/2024 Regulations
VCN - The Draft Law on State Capital Management and Investment in Enterprises was approved in principle at the 9th Session (May 2025), will be submitted to the National Assembly for the first comments at the 8th Session (October 2024) and is expected to t
Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion
09:35 | 11/09/2024 Regulations
VCN - The Government suggests that it is necessary to develop regulations on special consumption tax that adhere to the principle of promoting production and business, economic development and meet the requirements of protecting the environment and people
Information on the proposal to remove the VAT exemption for low-value goods
14:01 | 10/09/2024 Regulations
it is known that recently some countries have begun to research and implement VAT collection for low-value goods.