MoF and State Bank sign regulations on foreign exchange

MoF and State Bank sign regulations on foreign exchange

VCN - The MoF and the SBV have combined fiscal policy and monetary policy, contributing to stabilizing the macro-economy and promoting economic development.
Customs revises regulations to meet requirements on paperless customs

Customs revises regulations to meet requirements on paperless customs

VCN - The General Department of Vietnam Customs (GDVC) requested departments to review and propose policy amendments.
MoF to revise regulations on temporary payments of Corporate Income Tax

MoF to revise regulations on temporary payments of Corporate Income Tax

VCN – The Ministry has drafted a Decree amending and supplementing Decree 126/2020 and has sent it to ministries and government agencies for comments and to the Government for promulgation.
VASEP claims imported seafood regulations inadequate

VASEP claims imported seafood regulations inadequate

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has sent a petition to the Prime Minister proposing the amendment of regulations on quarantine for aquatic products used for food.
Are there any risks when the Customs office refunds the overpaid Value Added Tax at the import stage?

Are there any risks when the Customs office refunds the overpaid Value Added Tax at the import stage?

VCN - According to the provisions of the Law on Tax Administration and guiding documents, specifically Point 4, Clause 65, Article 1 of Circular 38/2018/TT-BTC amending and supplementing Circular 38/2015/TT-BTC, Customs has the authority to refund the ove
Customs agency does not manage imported software in borderless form

Customs agency does not manage imported software in borderless form

VCN - Therefore, this item currently is neither required to go through customs procedures before download on the internet nor managed by Customs.
Ministry of Finance asks local governments to support customs clearance

Ministry of Finance asks local governments to support customs clearance

VCN – The Ministry of Finance has directed local customs departments to support customs clearance for goods for Covid-19 pandemic prevention and control.
Tight but flexible regulations needed for healthy corporate bond market

Tight but flexible regulations needed for healthy corporate bond market

Vietnam should set tight rules to diminish the negative impact of corporate bond products, while constructing flexible regulations for bond issuance to effectively manage and supervise the corporate bond market, according to insiders.
Revising regulations on management of means of road and waterway transport

Revising regulations on management of means of road and waterway transport

VCN - Regulations on the submission of documents for vehicles for the first entry and exit to the National Single Window Portal and guidelines on providing information imported goods before they enter Vietnam's territory will be revised in the draft decre
Different regulations increase difficulties for transport sector

Different regulations increase difficulties for transport sector

VCN - Nguyen Van Quyen, Chairman of Vietnam Automobile Transport Association spoke to Customs News.
MoF guides regulations on procurement amid Covid-19 pandemic

MoF guides regulations on procurement amid Covid-19 pandemic

VCN- The Ministry of Finance has issued guidance on funding sources and procurement regulations amid the Covid-19 pandemic for means, equipment, chemicals, supplies and biological for Covid-19 pandemic prevention and control (excluding drugs, vaccines and
Customs answers questions related to Decree 128/2020/ND-CP

Customs answers questions related to Decree 128/2020/ND-CP

VCN - The General Department of Customs have quickly answered questions of Vietnam Logistics Association and the Logistics Service Enterprises Association in the north on the implementation of Decree 128/2020/ND- CP.
Tighten practicing conditions of enterprises operating price appraisal

Tighten practicing conditions of enterprises operating price appraisal

The Government is promulgating Decree No. 12/2021/ND-CP relating to the implementation of a number of articles of the Price Law on the appraisal of prices.
Vietnamese status among global playground enjoys boost

Vietnamese status among global playground enjoys boost

As the fastest-growing national brand last year, Vietnam has successfully affirmed its elevated status in terms of the global and regional playground, going from adapting to regulations to designing new rules.
Four new key contents in Government Resolution 02

Four new key contents in Government Resolution 02

VCN- This year, we see that the Resolution 02 is very short– it only has three pages. However, the form cannot show the spirit of the Resolution and the Resolution 02 of 2021 is considered the Resolution 02 of 2020 plus 4.
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