Reform of specialized inspection is an inevitable trend

Reform of specialized inspection is an inevitable trend

VCN – The reform and simplification of specialized inspection procedures for imported and exported goods has had many positive results, however, the scope for reform is still very large.
Amending Law on Prices: Revising price assessment

Amending Law on Prices: Revising price assessment

VCN – The Draft Law on Prices (amended) will add, amend and revise regulations on price assessment to clarify the nature of price assessment.
Revising Law on Insurance Business: Exploiting all available space

Revising Law on Insurance Business: Exploiting all available space

VCN - The draft Law on Insurance Business (revised) will be submitted at the second session of the 15th National Assembly to create a driving force for Vietnam's insurance market to develop commensurate with its existing potential.
Draft Decree on reduction of registration fee

Draft Decree on reduction of registration fee

VCN - On June 5, the Ministry of Finance released the first draft of the Decree regulating registration fee rates for domestically manufactured and assembled cars until the end of December 31, 2020.
Unclear regulations leading to overlapping of authority between Border and Customs

Unclear regulations leading to overlapping of authority between Border and Customs

VCN - Currently, the Ministry of Defense is presiding over the drafting of the Vietnam Border Guard Law to replace the Border Guard Ordinance 1997. The draft has been consulted by ministries and agencies and passed the Ministry of Justice's evaluation bef
Adjustment of deductions for family circumstance consistent with price fluctuation

Adjustment of deductions for family circumstance consistent with price fluctuation

VCN- On February 28, the Ministry of Finance issued a dispatch for comments on the draft.
VCCI: Consider eliminating gas, electricity prices as subject to confidentiality

VCCI: Consider eliminating gas, electricity prices as subject to confidentiality

VCN- The VCCI has just sent comments to the Ministry of Industry and Trade on the draft Decision of the Prime Minister on the list of State secrets of Industry and Trade.
Draft revised Law on Tax Administration: overcome shortcoming in tax administration

Draft revised Law on Tax Administration: overcome shortcoming in tax administration

VCN - After a long time of thorough preparation, the draft revised Law on Tax Administration has perfected the guidelines and policies to overcome the shortcomings of the current Law.
Market and supermarket management: Worry about "sub-licenses"

Market and supermarket management: Worry about "sub-licenses"

VCN- The draft decree on the development and management of the distribution sector is currently being consulted by the Ministry of Industry and Trade.
Vietnam Petroleum Association: Raising petroleum environment taxes is reasonable

Vietnam Petroleum Association: Raising petroleum environment taxes is reasonable

VCN- The Vietnam Petroleum Association (VINPA) has sent a document to the Ministry of Finance to provide comments on the draft law amending and supplementing some articles of the Law on Environmental Protection Tax.
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.
Some provisions on Customs post-clearance audits will be amended

Some provisions on Customs post-clearance audits will be amended

VCN- The General Department of Vietnam Customs is proposing to supplement some provisions into the draft Circular.
Develop an integrated, united and multi-dimensional IT system

Develop an integrated, united and multi-dimensional IT system

VCN- This information was requested by the Deputy Director General of the General Department of Vietnam Customs, Mr. Nguyen Cong Binh.
Restrict foreign currency loans: Why has it not been implemented yet?

Restrict foreign currency loans: Why has it not been implemented yet?

This regulation in draft has amended and added some articles of Circular No.24/2015/TT-NHNN dated 8-12-2015 of the Bank Governor
Could SOEs dissolve after 3 straight years of loss?

Could SOEs dissolve after 3 straight years of loss?

VCN – According to the Draft Decree on the activities of State owned enterprises (SOEs) being widely consulted, if enterprises have 3 years in a row of loss and accumulated loss by ¾ of State capital or more but not fall into bankruptcy, they will be diss
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