VCN - Due to the spread of the Covid-19 pandemic from the beginning of 2020, travel activities between countries were restricted. In Vietnam, entry and exit activities have almost stopped. ...
VCN – According to the Ministry of Finance, due to the complicated development of Covid-19 pandemic, the number of duty-free shops that suspended operation and expired the deadline will increase.
Decree 100/2020/ND-CP on trading duty-free goods has many new regulations for buyers and goods sold at duty-free shops, the currency used in transactions and procedures
One of the new points in Decree No.100/2020/NĐ-CP of the Government on trading duty-free goods is supplementing procedures for selling duty-free goods online
The General Department of Vietnam Customs has issued a document to instruct provincial Customs Departments on unifying the management of issuance and tracking duty free stamps
VCN –The Decree replacing the Government’s Decree 167/2016/ND-CP on duty-free businesses has amendments and supplements to current regulations.
The new point relating to operating duty free goods is being completed in the new draft decree replacing Decree No 167/2016/NĐ-CP dated December 27, 2016 of the Government
VCN – Many goods are subject to import and export rate of 0%, so the determination of customs value is only for statistics.
The Ministry of Finance is continuously researching for completing and presenting to the Government the issuing of some Decrees on cutting down and simplifying 29 business conditions
General Department of Vietnam Customs organized a conference for taking comments from local Customs and enterprises about a draft Decree for amending and supplementing Decree 68/2016/NĐ-CP
VCN - Imported machinery, equipment, raw materials, supplies, components and semi-finished products which cannot be domestically manufactured for shipbuilding are exempt from tax.
Customs will deploy 5 thematic programs of Customs - Business in 2017 in order to help enterprises understand and prepare the necessary conditions to implement new legislation.
Currently, the operations of selling duty-free is stipulated in Decree 68/2016/NDCP of the Government about business conditions, warehouses, places of doing Customs procedures, regrouping, Customs inspections and supervision.
VCN- A bonded warehouse must have a minimum area of 5,000 m2 (including the storehouse, yards and ancillary works), the storehouse area must be at least 1.000 m2 or more.