The number of public cars will sharply decrease

The number of public cars will sharply decrease

VCN- With this draft, when the Decree is promulgated and takes effect, the number of public cars will sharply decrease.
The Customs sector reduced 209 teams

The Customs sector reduced 209 teams

VCN- It is known that the consolidation of organizational apparatus and restructuring of teams is towards streamlining and meeting the demands for Customs modernization.
FTAs have a great  impact on the Customs sector’s revenues

FTAs have a great impact on the Customs sector’s revenues

VCN- With the tariff reduction roadmap and the tariff reduction due to the implementation of commitments under the FTAs in 2018, the Customs sector’s revenues will reduce about VND 30,150 billion. It is expected that in the coming time, the FTAs will have a great impact on the the Customs sector’s revenues.
The Government requests to abolish unnecessary specialized inspection procedures

The Government requests to abolish unnecessary specialized inspection procedures

VCN- In 2018 and future years, the Government continues to consider the development and improvement of legal institutions, administrative reform and business environment improvement as the top priority.
2018: Continuing to reduce costs for businesses

2018: Continuing to reduce costs for businesses

VCN- Prime Minister Nguyen Xuan Phuc said that in 2018, the Government continues to strongly implement the policy of “reducing costs for businesses”.
Early in the year, Banks reduce interest rates: Business get benefits?

Early in the year, Banks reduce interest rates: Business get benefits?

VCN- Responding to the appeal of the Government, many commercial banks have reduced interest rates for businesses in the priority areas with healthy financial situations at the beginning of the year. Therefore, there is only a section of enterprises that
Cutting business conditions in the MOIT: What to do to avoid the re-issue?

Cutting business conditions in the MOIT: What to do to avoid the re-issue?

VCN - The MOIT is preparing to submit to the Government a draft decree amending Decree 16 to quickly realize the cut of 675 investment and business conditions.
HCM City: VAT collection achieves lowest growth in the last 3 years

HCM City: VAT collection achieves lowest growth in the last 3 years

Although the revenue of VAT collection in September of 2017 in HCM City area increased more than 7% over the same period, this is still a lowest growth rate in the last 3 years.
Costs not controlled will cause damage to enterprises

Costs not controlled will cause damage to enterprises

VCN - Currently, despite changes in thinking from message of the facilitating government, the fact that according to enterprises, formal and informal costs are big problems which that have existed for a long time and still remained the burden on enterpri
Reduce cross-ownership of credit institutions: Directing is not enough

Reduce cross-ownership of credit institutions: Directing is not enough

VCN- With efforts and determination to restructure the system of credit institutions (CIs), ensuring safety for the financial system, the Government and the State Bank of Vietnam give more guidance to reduce the cross-ownership of credit institutions to s
Reduce 30-50% of cars for public work by 2020

Reduce 30-50% of cars for public work by 2020

VCN- This information is shared by Mr La Van Thinh, Deputy Director of Public Property Management Department, Ministry of Finance as assessing the implementation of public management projects in the first 6 months in
Reduce invoice processing time

Reduce invoice processing time

VCN - In order to create favorable conditions for taxpayers in the use of invoices, the Ministry of Finance issued Circular No. 37/2017 / TT-BTC, amending and supplementing Circular 39/2014 / TT-BTC and Circular No. 26/2015 / TT-BTC
Disaster Risk Insurance: To reduce the burden on the State budget

Disaster Risk Insurance: To reduce the burden on the State budget

VCN- Every year, disasters "steal" 1% of Vietnam's GDP. This reality has forced the government to have proper insight into the importance of disaster risk management and financial solutions to overcome the consequences. Many experts say that the developme
‘Reduce” price to evade tax, 1kg of chicken thighs cost $US 0.1

‘Reduce” price to evade tax, 1kg of chicken thighs cost $US 0.1

VCN- Declaring import goods prices down to very low (Reduce price), importing many shipments massively in a short time and then stopping, avoiding post-verification measures of Customs authorities to evade tax… are tricks of enterprises which have been di
Ha Noi Customs focuses on solutions to reduce State budget losses

Ha Noi Customs focuses on solutions to reduce State budget losses

VCN- To execute the task of collecting State budget revenues in 2016, the Customs Department of Ha Noi is requesting all the attached Customs Branch to focus on implementing solutions to reduce losses to the State budget.
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