National single-window mechanism for inspection of quality of imported goods

On June 03, 2016, the Ministry of Finance and the Ministry of Science and Technology issued Joint Circular No. 77/2016/TTLT-BTC-BKHCN guiding the implementation of the national single-window mechanism with respect to procedures for State inspection of quality of goods imported into Vietnam under the management of the Ministry of...
CONDITIONS TO APPLY VAT RATE OF 0% TO EXPORTED GOODS AND SERVICES

Conditions to apply VAT rate of 0% to exported goods and services

On December 18, 2013, the Government  issued Decree No. 209/2013/ND-CP on detailing and guiding implementation of several articles of Law on Value-Added Tax on exported goods and services (Including: Works built and installed abroad; spare parts for repair, maintenance of means, machinery, equipment for foreign parties…) which will enjoy...

National single-window mechanism to the procedure of appraising contents of imported childrens toys

On April 25, 2016, the Ministry of Finance, the Ministry of Culture, Sports and Tourism issued the Joint Circular No.64/2016/TTLT-BTC-BVHTTDL guiding the implementation of the national single-window mechanism with respect to the procedure of appraising contents of imported children’s toys under specialized management of the Ministry of Culture, Sports and...

Have right to choose the location of tax payment for export and import goods

The taxpayers directly pay taxes at the State Treasury or at the credit institution is the new content prescribed at the Circular No. 126/2014/TT-BTC dated August 28, 2014 of the Ministry of Finance [...]

After March 01, 2018, close current account of household fail to complete the change of account forms

Takes effect on March 01, 2017, the Circular No. 32/2016/TT-NHNN dated December 26, 2016 of the State Bank on amending the Circular No. 23/2014/TT-NHNN dated August 19, 2014 of the State Bank of Vietnam guiding the opening and use of payment accounts at payment service suppliers, before March 01,...
legal updates 001

FUNCTIONAL FOODS MUST HAVE THE SEPARATE AREA IN THE PHARMACY

On November 24, 2014, the Ministry of Health issued the Circular No. 43/2014/TT-BYT on prescribing the functional foods management including supplemented foods, health protection foods, medical foods and foods used for special dietary uses; not apply to nutritional formula for children. At this Circular, the Ministry of Health requires...

EXPORT PROCESSING ENTERPRISES MAY SELL THEIR LIQUIDATED ASSETS AND GOODS IN THE INLAND MARKET

Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in...

Conditions on issuance of license for establishment of representative offices in vietnam

The Decree No. 07/2016/ND-CP detailing the Trade Law on representative offices, branches of foreign businesses in Vietnam issued by the Government on January 25, 2016; within that, the most important content is that a foreign business can not establish more than one representative office or branch that has the...

BY 2025, SERVICE GROWTH OF THE LOGISTICS SECTOR WILL REACH 15 – 20%

This is one of the objectives of the Prime Minister prescribed at the Decision No. 200/QD-TTg dated February 14, 2017 on approving the action plan for improvement of competitiveness and development of Vietnam’s logistics services by 2025. Accordingly, logistics is an important service sector in the overall structure of the...
occupational safety

Change the operation conditions of occupational safety’s strict requirements

On March 06, 2014, the Ministry of Labor, War Invalids and Social Affairs issued the Circular No. 06/2014/TT-BLDTBXH[...]