policy

Customs implements VAT reduction policy from July 1st

15:58 | 01/07/2024 Regulations

To implement the contents relating to customs field, General Department of Vietnam Customs requested local customs departments to reduce VAT for group of commodities as stipulated at Decree 72/2024/NĐ-CP.

Policy on tax payment extension and land rent reduction are going to be issued in June

17:40 | 07/06/2024 Headlines

VCN - Deputy Prime Minister Tran Hong Ha said that the Government has promoted policies to support people and businesses to improve people's health, restore trust, and promote investment in production and business. In particular, the Government is issuing

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

16:08 | 15/05/2024 Headlines

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.

Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business

15:41 | 24/03/2024 Regulations

VCN - Scrap is a sensitive item with many potential risks of environmental pollution, directly affecting human health and the ecosystem. Therefore, strict management measures are needed to avoid the risk that Vietnam become a scrap gathering country in th

Proactively responding, carbon tax policy creates motivation for green transformation

07:52 | 13/02/2024 Import-Export

VCN - Under the Carbon Border Adjustment Mechanism (CBAM), the European Union (EU) will impose a carbon tax on imported goods based on the intensity of greenhouse gas emissions in the production process in the exporting country.

Policy on imported goods for export processing without a processing facility

17:27 | 05/02/2024 Regulations

VCN - The General Department of Customs has just instructed the Hanoi Customs Department to implement regulations on importing goods for export processing without a processing facility in Vietnamese territory.

Excise tax policy on alcoholic products changed 12 times

13:24 | 20/01/2024 Finance

VCN - At the conference on the current status of tax policy on alcoholic beverages and reform trends jointly organized by the Central Institute for Economic Management (CIEM) and the Vietnam Tax Consultants' Association on January 18, many important infor

The monetary easing policy will exert full effects by 2024

14:52 | 02/01/2024 Finance

VCN - With low credit growth, finance and banking expert - Dr. Nguyen Tri Hieu (photo) says that promoting credit depended on many factors, in which management agencies should have appropriate solutions in operating and managing credit growth.

Reducing VAT is a multi-target policy with a positive impact on the economy

10:25 | 05/11/2023 Finance

VCN - Talking to Customs Magazine, economic expert Dinh Trong Thinh said that continuing to apply the policy of reducing VAT from 10% to 8% in the first six months of 2024 is a necessary solution to stimulate domestic consumption, lowering product prices,

Stable national finance will expand fiscal policy space

10:28 | 30/10/2023 Finance

VCN - The macroeconomic factors of the economy show stability. Currently, we have implemented national financial plans and achieved better results than expected in both revenue collection and expenditure.

Businesses are looking for technology to "improve the quality" for exported agricultural products

10:44 | 19/10/2023 Import-Export

VCN - Acknowledging the importance of improving the value of exports and increasing competitiveness, Vietnamese businesses have proactively sought solutions to apply science and technology in the production and export of agricultural products.

A series of fiscal policies promote efficiency

12:08 | 09/09/2023 Finance

VCN - The Finance sector has implemented solutions on taxes, fees, charges and land rent to support enterprises, thereby contributing to the economy's achievements. According to calculation, these support package in 2023 is about VND 200 trillion.

Control inflation from flexibility of policy

16:14 | 11/07/2023 Finance

VCN - In the first months of 2023, inflation in many countries remained at a high level, while Vietnam was assessed as not in the group of countries with high inflation and expected to remain the inflation at a low level until the end of 2023.

Ho Chi Minh City needs a special mechanism to develop the International Financial Center

14:18 | 15/06/2023 Import-Export

VCN - The project of Ho Chi Minh City International Financial Center is built with the approval of the Central Government and the Government. Currently, the project has been approved by ministries and sectors and has been submitted to the Government. Howe

Ho Chi Minh City must transform itself into an international financial and integration center

13:17 | 10/06/2023 Import-Export

VCN - Resolution 54/2017/QH14 provides Ho Chi Minh City with open mechanisms on rights and resources for Ho Chi Minh City to develop actively. This is a significant forward step.