Tighten compliance with legal regulations on price appraisal

Tighten compliance with legal regulations on price appraisal

VCN - The valuation work from the beginning of the year until now has been continuously reviewed by the Ministry of Finance and given directions and reminders on proper compliance with legal regulations in this field.
EU relaxes food safety regulation for Vietnamese instant noodles

EU relaxes food safety regulation for Vietnamese instant noodles

Vietnamese instant noodle products imported into the European Union (EU) market will not be required of certificates of food safety inspection issued by Vietnam’s authorised agencies from June 27.
Clearer regulations are needed to protect the rights of consumers when buying imported goods

Clearer regulations are needed to protect the rights of consumers when buying imported goods

VCN - "There are many products and goods imported into Vietnam when they reach consumers, the price has increased much, or the quality is not guaranteed. This is an issue that needs to be stipulated for products and goods imported into Vietnam to sell to
Technology changes need more appropriate legal framework for electronic transactions

Technology changes need more appropriate legal framework for electronic transactions

VCN - When the Law on Electronic Transactions (amended) is adopted, it is expected to develop a unified law that is a complete legal corridor to transform into the digital environment in all industries and sectors.
Gasoline price insurance: Necessity, but clear regulation

Gasoline price insurance: Necessity, but clear regulation

VCN- The first quarter of 2022 recorded very special fluctuations due to geopolitical factors plus issues around the pandemic. The highest instability is the movement of petroleum prices in the world at a very large amplitude, even up to 5-6% during the d
New regulations on salary and bonuses for supervisory boards

New regulations on salary and bonuses for supervisory boards

VCN – The Ministry of Finance has recently issued Circular 105/2021/TT-BTC, guiding the salary, wage and remuneration of heads of single-member limited liability companies, of which charter capital is wholly owned by the State.
Regulating value-added tax refund for investment projects in exploiting natural resources and minerals

Regulating value-added tax refund for investment projects in exploiting natural resources and minerals

The Ministry of Finance proposes regulating more clearly VAT refunds for investment projects exploiting natural resources and minerals.
Necessary to amend law on quality management and standards

Necessary to amend law on quality management and standards

VCN - Lang Son Customs Department has proposed amending and supplementing legal documents on quality management, standards and technical regulations to improve the efficiency of state management of import and export activities.
Regulation on goods exempted from export, import tariffs under int’l treaties

Regulation on goods exempted from export, import tariffs under int’l treaties

The Government’s Decree No.18/2021/ND-CP dated March 11, 2021 has added a stipulation on the exemption of export and import duties of goods in line with international treaties to which Vietnam is a member.
The "dual" success in price regulation in 2020

The "dual" success in price regulation in 2020

VCN- In the near future, Vietnam's outlook is considered positive as the economy is forecasted to grow by 6.7% in 2021 and will stabilize around 6-7% in the following years. Along with that, the CPI is about 4%.
Regulations on re-lending of Government’s ODA loans and concessional loans to be revised

Regulations on re-lending of Government’s ODA loans and concessional loans to be revised

VCN- The Ministry of Finance is consulting the draft Decree amending and supplementing a number of articles of Decree No. 97/2018 / ND-CP dated June 30, 2018 on re-lending of the Government’s ODA loans and foreign incentives of the Government.
New regulations on import duty on automobile components

New regulations on import duty on automobile components

VCN - Decree No. 57/2020 / ND-CP stipulates a preferential import duty rate of 0% for raw materials, supplies and components which have not been domestically manufactured.
Regulations on subjects of e-invoice application should be specified

Regulations on subjects of e-invoice application should be specified

VCN - Vietnam Chamber of Commerce and Industry (VCCI) has made comments on the content regarding the draft Decree on invoices and vouchers.
Regulations revised to accelerate payment of public investment projects

Regulations revised to accelerate payment of public investment projects

VCN- The Ministry of Finance recently completed a draft decree on the management, payment and settlement of projects using public investment.
Regulations on working overtime in the revised Labour Code: Enterprises are easy to break the law

Regulations on working overtime in the revised Labour Code: Enterprises are easy to break the law

VCN - The draft of the Labour Code (amended) will be submitted to the National Assembly at the 8th session (opening on October 21, 2019).
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