Personal Income Tax Law to be amended in 2025

Personal Income Tax Law to be amended in 2025

VCN - On March 29, answering questions from the press at the Ministry of Finance's regular press conference for the first quarter of 2024, the leader of the Department of Management and Supervision of Tax, Charges and Fees Policy (Ministry of Finance) sai
Removing problems in management and use of public assets

Removing problems in management and use of public assets

VCN - Through the review of provisions of Decree 151/2017 of the Government detailing some articles of the Law on management and use of public assets and comments and proposals of some ministries, agencies and localities, the implementation of the decree
Amend Decree 64: Must notify the locality when coming to charity

Amend Decree 64: Must notify the locality when coming to charity

VCN- In 2008, the Government issued Decree No. 64/2008/ND-CP on mobilisation, receipt, distribution and use of voluntary contributions to support people to overcome difficulties caused by natural disasters, fires, serious incidents and patients with fatal
Amend regulations on functions, tasks and organizational structure of the General Department of Vietnam Customs

Amend regulations on functions, tasks and organizational structure of the General Department of Vietnam Customs

VCN- Accordingly, the units shall base on Decisions stipulating the functions, tasks, powers and organizational structure of the General Department of Vietnam Customs and units to review and assess the implementation at the units on the achievements, eval
Amending Circular and rectifying Customs brokers’ operation

Amending Circular and rectifying Customs brokers’ operation

VCN- In order to handle the granting and use of the goods owner's introduction letter for carrying out Customs procedures as the staff of goods owner’s company, the regulations on goods owner’s responsibility are expected to be supplemented in the draft C
The Ministry of Health continues consultation to amend some regulations on business conditions

The Ministry of Health continues consultation to amend some regulations on business conditions

VCN - According to representatives of the Ministry of Health, the agency is consulting on the Draft Decree amending some regulations related to business conditions under the state management of the Ministry of Health .
Amending supplementing the Law on Tax administration: Urgent requirement of reality

Amending supplementing the Law on Tax administration: Urgent requirement of reality

VCN- In order to be consistent with the State management as well as market economy institutions in the current context, the amendment of the Law on Tax Administration is necessary and should be implemented soon.
Online seminar on amending and supplementing Law on Import-Export Duty

Online seminar on amending and supplementing Law on Import-Export Duty

VCN- Also, the Ministry of Finance reviewed current shortcomings in the implementation of the law on Import-Export Duty 107/2016/QH13 and Decree 134/2016/NĐ-CP.
Some business conditions are revised in rewording way

Some business conditions are revised in rewording way

VCN- According to the Ministry of Planning and Investment, the reform of provisions on business conditions aim to promote competitiveness and encourage business development has been the focus of the Government in recent years.
6 contents reported to the Government on assignment of competency to Minister of Finance

6 contents reported to the Government on assignment of competency to Minister of Finance

VCN- Accordingly, the 6 contents include: Customs inspection and valuation; cases waiting for handling results of State management agency when pre-determining code, origin, Customs value.
Propose to reduce a series of fees and charges

Propose to reduce a series of fees and charges

VCN- First of all, the Ministry of Finance has drafted a revised Circular No. 202/2016/TT-BTC on the rate, collection, submission, management and use of the fees for secured transaction.
Amending Law on PIT: Reducing burden for employees

Amending Law on PIT: Reducing burden for employees

VCN - The most concern when the Bill was published is amendment to the partially progressive tariff for individuals with income from salary and wage.
Why are 5 laws on tax required to be amended at the same time?

Why are 5 laws on tax required to be amended at the same time?

VCN - It is expected that in the third quarter of 2017, the Government will report to the National Assembly Standing Committee to include the Bill into the law and ordinance making program 2018 of the National Assembly
Seafood enterprises proposed for simplifying the specialized inspection procedures

Seafood enterprises proposed for simplifying the specialized inspection procedures

VCN - Seafood enterprises commented that specialized inspection procedures should be simplified in order to facilitate enterprises.
Consultation on the draft Circular revising Circular 38

Consultation on the draft Circular revising Circular 38

VCN- On 10th March 2017, the General Department of Vietnam Customs organized a seminar to consult the business community.
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