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Government okays amendments to tax laws

Government okays amendments to tax laws

The Ministry of Finance on Tuesday announced a scheme for amending tax laws, including the laws on value added tax, personal income tax, natural resource tax and special consumption tax.

Preparation for successful deal-marking

Preparation for successful deal-marking

Despite disconcerting global political events causing turmoil and affecting capital flows around the world, Vietnam remains an attractive investment destination-albeit in need of a greater push to overtake last year’s stellar performance.

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Advice for FDI firms on distribution rights

Advice for FDI firms on distribution rights

Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.

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Finance Ministry proposes ‘reasonable’ tax hikes

Finance Ministry proposes ‘reasonable’ tax hikes

The Ministry of Finance (MoF) introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.

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Finance Ministry proposes new tax on pickups

Finance Ministry proposes new tax on pickups

The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 per cent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their cost.

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Gov’t promulgates State monopoly in 20 goods and services

Gov’t promulgates State monopoly in 20 goods and services

The Government has released Decree 94/2017/ND-CP stating that the State will hold the monopoly in the production and trading of 20 goods and services. 

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Decree declares state monopoly in 20 goods, services

Decree declares state monopoly in 20 goods, services

The government has issued Decree No. 94/2017/ND-CP declaring the State will hold the monopoly in the production and trading of 20 goods and services as from October 1 this year.

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New temporary import for re-export regulations next month

New temporary import for re-export regulations next month

The Ministry of Industry and Trade has issued a new circular on temporary import for re-export and temporary export for re-import, which will take effect from September 11.

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New circular to enhance banking supervision

New circular to enhance banking supervision

The State Bank of Viet Nam (SBV) has issued a new circular on banking supervision to timely prevent and settle risks to banking operations.

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No more self-printed invoices

No more self-printed invoices

The General Department of Taxation has ruled that from 2018, firms will have to obtain their invoices from the department instead of printing their own.

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Effective policies from August

Effective policies from August

Higher pension and social insurance subsidy, social insurance payment level, and adjustment of the average electricity retail sales come into effect since August, 2017.

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24 climate change response projects to be launched till 2020

24 climate change response projects to be launched till 2020

The Ministry of Natural Resources and Environment (MoNRE) has submitted a plan to the government to launch 24 climate change response projects in the Mekong Delta for 2017-2020, including nine transit and 15 new projects.

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Beware of UAE losses: Ministry

Beware of UAE losses: Ministry

The Ministry of Industry and Trade has advised enterprises to carefully study export regulations of the United Arab Emirates (UAE) when conducting business with firms there to avoid suffering losses.

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New decree to help small investors

New decree to help small investors

A new decree will help improve the quality of corporate governance in public companies and benefit small, individual investors, a senior official said yesterday.

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Vietnam needs policies to boost digital economy: experts

Vietnam needs policies to boost digital economy: experts

Viet Nam needs to form policies that will boost the digital economy, a move that will generate added value and help sustainable development, experts said at a conference on Wednesday in Ha Noi.

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Crop map being drawn to cope with Mekong Delta climate change

Crop map being drawn to cope with Mekong Delta climate change

Scientists are compiling a crop structure map for the Mekong Delta to counter growing climate change impact in the region known as the country’s food granary.

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