General Department of Vietnam Customs recruits 413 quota of officials in 2021

General Department of Vietnam Customs recruits 413 quota of officials in 2021

This is the content of the Decision No.181/QĐ-BTC of the Minister of Finance about the promulgation of the plan for officials recruitment of the General Department of Vietnam Customs in 2021.
Benefits from EVFTA, billion-dollar agricultural products rush in to EU

Benefits from EVFTA, billion-dollar agricultural products rush in to EU

VCN- Rice, fresh vegetables and coffee are major agricultural products mentioned by the Ministry of Agriculture and Rural Development when taking advantage of export opportunities to the EU due to the EVFTA
Quota allocation 11,500 tonnes of tuna are exported

Quota allocation 11,500 tonnes of tuna are exported

VCN - Canned tuna products from Vietnam exported to the EU will be exempted from duty in the quota of 11,500 tonnes / year. How will this quota distribution be made?
Risk of fraud when quota for sugar imported from ASEAN countries lifted

Risk of fraud when quota for sugar imported from ASEAN countries lifted

VCN-According to Decree 125/2017/ND-CP amending and supplementing Decree 122/2016/ND, sugar products, heading17.01 are subject to the tariff quota regime.
MoIT proposes abolishing quota mechanism for rice exports from May 1

MoIT proposes abolishing quota mechanism for rice exports from May 1

VCN- The MoIT has senta dispatch to the PM to propose the rice export management plan in May 2020 and in the near future both perform well the task of ensuring food security and maintain production and economic growth in line with the current situation th
Credit quota expansion yet to be approved for all

Credit quota expansion yet to be approved for all

Some commercial banks have managed to gain approval for an enlarged credit quota from the State Bank of Vietnam, whilst others failed to do so.
Why do we maintain sugar quota?

Why do we maintain sugar quota?

VCN- The maintenance of tariff quotas for 4 commodities: Sugar, salt, poultry eggs, cigarettes is implemented in Vietnam, continuously, consistent over the years and meets the regulations of the World Trade Organization (WTO) and the domestic Law.
The Ministry of Industry and Trade proposes to increase the quota for State vehicles

The Ministry of Industry and Trade proposes to increase the quota for State vehicles

VCN- On the evening of October 13, 2016, the Ministry of Industry and Trade announced the information on how excess State vehicles are handled and suggested that the Ministry of Finance should increase the quotas for some units under the Ministry of Indus
Russian cars subject to 0% tax

Russian cars subject to 0% tax

A quota of Russia motor vehicles will be subject to a 0% tax rate when being imported into Vietnam from October 5.
New regulations on import-export tax

New regulations on import-export tax

VCN- The Government has recently issued Decree 122/2016/ ND-CP regulating preferential import tax and export tax; the list of goods, the absolute tax rate, the mixed tax and import tax instead of quota.
Pilot bids set for sugar imports

Pilot bids set for sugar imports

The Ministry of Industry and Trade will establish a council to conduct pilot bidding on the import of 85,000 tonnes of sugar under a tariff rate quota (TRQ)
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