Fisheries enterprises propose to keep current working hours

Fisheries enterprises propose to keep current working hours

VCN - The draft revised Labour Law is being reviewed by relevant units to be submitted to the National Assembly for approval in October 2019.
Fruits only exported to China by official trade

Fruits only exported to China by official trade

VCN - Nguyen Quy Duong said it was possible that China would apply stricter rules and requirements for imported fruits
The amendment of Circular 36 will overcome the financial imbalance

The amendment of Circular 36 will overcome the financial imbalance

VCN - The State Bank of Vietnam (SBV) is taking public comments on the draft circular replacing Circular 36/2014/TT-NHNN restricting the prudential rate of credit institutions and foreign bank branches.
Revising regulations on VAT refund for foreigners upon exit

Revising regulations on VAT refund for foreigners upon exit

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
New instructions related to submission of finalization report

New instructions related to submission of finalization report

VCN- Export processing enterprises are responsible for determining whether imported goods are tools, instruments or consumable supplies, and monitor, archive documents related to the use of these goods in accordance with provisions of the law in the accou
Agricultural product exporters need to grasp and comply with new Chinese regulations

Agricultural product exporters need to grasp and comply with new Chinese regulations

VCN- According to the regulation, fruits that are not in the list of imports shall not be allowed to carry out Customs declarations, not be approved for quarantine, and are not allowed to import. Therefore, over the past days, fresh fruit exporters have
Regulations on electronic transactions in financial operations

Regulations on electronic transactions in financial operations

VCN- E-transaction in financial operations subject to administrative procedures must comply with the law on administrative procedures and online public services.
Amending regulations to cover all cases of imported goods for  export production

Amending regulations to cover all cases of imported goods for export production

VCN- The Ministry of Finance shall submit the Draft Decree amending Decree 134/2016 / ND-CP to the Government in the coming time. There are amendments to regulations on imported goods for export production.
New regulations on conditions of rice export business

New regulations on conditions of rice export business

VCN- The Decree will take effect on 1st October 2018.
Former head headquarters shall be revoked if the management units do not introduce solutions

Former head headquarters shall be revoked if the management units do not introduce solutions

VCN - Ministry of Finance said that the units have to introduce solutions and send them to the Ministry of Finance for consideration and settlement in accordance with the regulations.
New regulation reduces cross-ownership in banks

New regulation reduces cross-ownership in banks

Cross ownership in banks has decreased sharply after the banks recently changed their top leaders at the 2018 annual general meetings of shareholders AGMs to meet the central bank new regulation
Amending Decree 134/2016/ND-CP: Amending regulation on tax exemptions for gifts, presents and letters of guarantee

Amending Decree 134/2016/ND-CP: Amending regulation on tax exemptions for gifts, presents and letters of guarantee

VCN- To clarify the policy and to facilitate the implementation of tax exemptions for gifts, presents, guarantee letters for tax payment..., in the draft amendment of Decree 134/2016/ND-CP detailing a number of articles and measures to enforce Law on the
New regulations on penalties on insurance business

New regulations on penalties on insurance business

VCN- The Government has just issued Decree No. 48/2018 / ND-CP amending and supplementing a number of articles of Decree No. 98/2013 / ND-CP on penalties for administrative violations in domains of insurance and lottery business.
Customs brokers have not yet strictly complied with regulations

Customs brokers have not yet strictly complied with regulations

VCN- However, a recent review by Ha Noi Customs Department has shown that 93 of 190 Customs brokers managed by the Department have not reported their periodic operation.
Many new points in the management of food safety

Many new points in the management of food safety

VCN- According to Decree 15/2018 / ND-CP replacing Decree No. 38/2012 / ND-CP guiding some articles of the Law on Food Safety promulgated by the Government and effective from 2nd February 2018, the management of food safety will have many changes, facilit
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