Director General Nguyen Van Tho: streamlining apparatus to meet the requirements of customs modernization Việt Nam set to become regional manufacturing tech hub this year Computers, electronics and components lead imports in 2024
Checking and reviewing the classification of exported copper

Checking and reviewing the classification of exported copper

10/10/2024 09:37 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.
Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period

Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period

09/10/2024 14:20 Regulations

The Ministry of Finance is drafting a decree amending a number of articles of Decree No. 115/2022/ND-CP dated December 30, 2022 of the Government promulgating Vietnam's preferential export tariff schedule and special preferential import tariff schedule to
Must strictly manage duty-free goods

Must strictly manage duty-free goods

08/10/2024 10:16 Regulations

The GDVC has just responded to the Binh Phuoc Customs Department to guide Binh Duong Water and Environment Corporation to implement regulations on the management of tax-free imported goods.
Amend the law to protect the rights of accountants

Amend the law to protect the rights of accountants

30/09/2024 09:11 Regulations

VCN - Promoting decentralization, delegation of authority, improving state management capacity in the field of accounting, enhancing the responsibility of leaders, etc will ensure the legitimate rights of accountants, prevent corruption and waste.
Simplification is not enough, enterprises need stronger administrative reform

Simplification is not enough, enterprises need stronger administrative reform

29/09/2024 10:23 Regulations

Vietnam Chamber of Commerce and Industry (VCCI) said that regulations on administrative procedures need stronger reform.
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

28/09/2024 10:39 Regulations

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

09:05 | 26/09/2024 Regulations

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

08:59 | 25/09/2024 Regulations

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

09:08 | 22/09/2024 Regulations

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

20:39 | 17/09/2024 Regulations

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)
Adding tax exemption conditions in the draft revised Law on Corporate Income Tax

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

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

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

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

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.
Alcohol and beer are subject to special consumption tax

Alcohol and beer are subject to special consumption tax

19:06 | 02/09/2024 Regulations

VCN - According to the provisions of the Law on Special Consumption Tax, alcohol and beer are subject to special consumption tax.
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From January 1, 2025: 13 product codes increase export tax to 20%

From January 1, 2025: 13 product codes increase export tax to 20%

14:23 | 29/12/2024 Regulations

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.
Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

13:46 | 28/12/2024 Regulations

VCN - 13 commodity codes with export tax rates increased to 20% from January 2025 include:
Proposal to reduce 30% of land rent in 2024

Proposal to reduce 30% of land rent in 2024

14:58 | 25/12/2024 Regulations

The Ministry of Finance has finalized a draft Government Decree outlining the reduction of land rent for 2024. The draft is currently under review by the Ministry of Justice before being submitted to the Government for approval.
Resolve problems related to tax procedures and policies for businesses

Resolve problems related to tax procedures and policies for businesses

13:54 | 22/12/2024 Regulations

VCN - Immediately after the end of the Dialogue Conference between the Ministry of Finance and enterprises on tax and customs policies and administrative procedures in 2024, the General Department of Customs proactively removed obstacles related to tax pr
New regulations on procurement, exploitation, and leasing of public assets

New regulations on procurement, exploitation, and leasing of public assets

09:17 | 15/12/2024 Regulations

Decree No. 114/2024/ND-CP, which amends and supplements certain articles of Decree No. 151/2017/ND-CP detailing the implementation of the Law on Management and Use of Public Assets, introduces significant changes.
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