Foreigner

Selecting commercial bank as VAT refund agent for foreigners

10:23 | 18/03/2024 Customs

VCN - Currently, the Ministry of Finance has selected a commercial bank as VAT refund agent for foreigners at Da Nang International Airport. Therefore, the GDVC has announced to these banks to register.

Ho Chi Minh City Customs refunds nearly VND100 billion of VAT for foreigners

14:25 | 24/01/2024 Customs

VCN - In 2023, Ho Chi Minh City Customs Department refunded nearly VND 100 billion of value-added tax (VAT) on goods worth more than VND 1,268 billion for exit passengers.

VAT refund for foreigners at the store has not been stipulated by law

12:01 | 20/08/2022 Regulations

VCN – At the proposal of the National Assembly Deputies of Lam Dong province on regulations on VAT refund for international tourist and overseas Vietnamese at the store to encourage spending, the Ministry of Finance said Vietnam's law does not have regula

VAT refund for foreigners on exit: how has the responsibility of management authorities changed?

13:34 | 02/03/2020 Finance

VCN- According to Clause, Article 8 of Circular 72/2014/TT-BTC (Circular 72), the Customs authority shall receive applications and request the Ministry of Finance appoint commercial banks as tax refund agents.

Revising regulations on VAT refund for foreigners upon exit

09:44 | 28/05/2019 Regulations

VCN – General Department of Customs is drafting a Circular revising Circular 72. / 2014 / TT-BTC on refunding VAT for goods purchased by foreigners and overseas Vietnamese in Vietnam upon exit

70% of logistics service fees could fall into foreigners’ hands

20:09 | 28/11/2017 Import-Export

As many as 3 000 Vietnamese logistics firms have to compete fiercely with 29 multinational companies to have the right to carry Vietnamese exports to the world market

Discover a foreigner carrying foreign currency in excess of standard without declaration

09:47 | 04/09/2017 Anti-Smuggling

The exit luggage customs procedures team – Noi Bai International Airport Customs Branch made record of administrative violation for a foreigner carrying foreign currency in excess of standard without declaration.

Vietnam considers allowing foreigners to open savings accounts

20:23 | 16/07/2017 Finance

The State Bank of Vietnam is drafting a new circular that will allow non-residents with presence in the country to make deposits in both the Vietnamese dong and foreign currency at local banks without residency requirement.

Foreigners pour US$11 bln in local projects, firms in 4 months

20:38 | 26/04/2017 Import-Export

Foreign investors have poured 10.95 billion USD into new and operational FDI projects and to buy stakes in local companies in the first four months of 2017 up 40 5 percent from the same period last year according to the Foreign Investment Agency FIA