Suggesting new charges for certificate of origin

Suggesting new charges for certificate of origin

The Ministry of Finance is drafting Circular prescribing fees and charges payable in the certificate of origin (C/O), collection, transfer, management and use thereof
Ministry of Finance proposes to extend the time to reduce fees and charges

Ministry of Finance proposes to extend the time to reduce fees and charges

VCN-The Prime Minister issued Directive No.11/CT-TTg dated March 4, 2020 on urgent tasks and solutions to remove difficulties for production and business, ensure social security to cope with the Covid-19 pandemic.
Further extending reduction period for 29 kinds of fees and charges until June 1, 2021, except car registration fee

Further extending reduction period for 29 kinds of fees and charges until June 1, 2021, except car registration fee

VCN – On December 29, the Ministry of Finance issued Circular No. 112/2020 / TT-BTC regulating the rates of a number of fees and charges to aid and remove difficulties for business and production, ensuring social security in response to the Covid-19 pande
Risk of electricity shortage is available

Risk of electricity shortage is available

VCN- According to the Ministry of Industry and Trade, total electricity production and import of the national electricity system in 2020 is expected to hit261.46 billion kWh, up 8.9% compared to 2019.
Deduction rate for fee-collecting agencies on exit, entry and residence reduces

Deduction rate for fee-collecting agencies on exit, entry and residence reduces

VCN – The Ministry of Finance has just issued Circular 41/2020 / TT-BTC amending Circular 219/2016 / TT-BTC on collection, payment and management and use of fees and charges in the field of entry, exit, transit, and residence in Viet Nam.
Three fields enjoy 50% discount of fees and charges

Three fields enjoy 50% discount of fees and charges

VCN - On May 26, the Ministry of Finance issued three circulars for 50% discount of appraisal feesrelated to: publishing, trading, licensing establishment ofmercantile exchange; registration fee for using foreign barcodes and industrial property charges.
Revising some fees and charges

Revising some fees and charges

VCN – The Ministry of Finance has issued Circular No. 117/2018/TT-BTC amending and supplementing some articles of Circular 279/2016/TT-BTC stipulating rates, the regime of collection, remittance, management and use of fees for food safety and hygiene affa
Amending 3 circulars on fees and charges in the agriculture

Amending 3 circulars on fees and charges in the agriculture

VCN – The Ministry of Finance has completed a draft circular amending and supplementing some articles of Circular No. 231/2016/TT-BTC stipulating the collecting rates, regimes of collection, remittance, management and use of fees in the plant protection..
Da Nang Customs boost the collection of customs fees and charges by electronic method

Da Nang Customs boost the collection of customs fees and charges by electronic method

VCN – Da Nang Customs has notified importers and exporters in the province to collaborate with the Customs to carry out the payment of Customs fees and charges at commercial banks and State treasuries as described.
Companies bear more burdens due to increase in fees from many shipping companies

Companies bear more burdens due to increase in fees from many shipping companies

VCN - As reflected by the seafood companies, recently, many shipping lines have increased fees for no reason, raising more costs and burdens for enterprises.
Why are Vietnam freight shipping charges to Australia higher than other countries?

Why are Vietnam freight shipping charges to Australia higher than other countries?

VCN- Vietnamese enterprises are subject to hundreds of dollars higher freight costs than China or other countries in the region which have equivalent distances when importing and exporting goods to the Australian market.
44 fees transferred into service pricing mechanism from 1 January 2017

44 fees transferred into service pricing mechanism from 1 January 2017

VCN - This was information issued at the Press Conference on pricing management mechanism for service goods transferred from fees and charges into prices.
Many fees for providing information about enterprise removed.

Many fees for providing information about enterprise removed.

VCN – The Ministry of Finance has issued Circular No. 215/2016/TT-BTC regulating the rate and the regime for collecting, paying, managing and using fees for providing information about enterprises, and the charges of enterprise registration.
Reducing the charges for issue of new entry and exit permits

Reducing the charges for issue of new entry and exit permits

VCN- According to the Charges and Fees Tariff enclosed with the Circular, the Ministry of Finance has reduced the charges for issue of new laissez-passers from $US 30 per permit to $US 20 per permit;
Ha Noi publicized businesses have over 150 billion vnd tax debt

Ha Noi publicized businesses have over 150 billion vnd tax debt

VCN-In this list there are 136 tax debt companies, totaling more than 133.3 billion vnd and 9 units of land rent totaling more than 17.1 billion vnd.
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