Import conditions of automobiles and motorcycles for repatriated overseas Vietnamese citizens
On February 12, 2014, the Ministry of Finance issued the Circular No. 20/2014/TT-BTC prescribing the import of automobiles and motorcycles as personal effects of overseas Vietnamese who are permitted to register permanent residence in Vietnam[...]
A license for news publication is effective for 01 year
In accordance with the Circular No. 04/2014/TT-BTTTT dated March 19, 2014 of the Ministry of Information and Communications detailing and guiding a number of Articles of Decree No.88/2012/ND-CP dated October 23, 2012 of the Government regulation on activities of information and press of foreign press, foreign representative agency and organizations in Vietnam[...]
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...
From june 20, increase the export taxes on manioc to 5%
This is the content prescribed at the Circular No. 63/2015/TT-BTC issued by the Ministry of Finance on May 06, 2015 amending the export taxes on the manioc commodities in the Heading 07.14 at the Export Tariff issued with the Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Minister...
Decree 12/2015/NĐ-CP of Government on 12/2/2015 detailing regulations to amend and supplement some articles of the law on tax and amending and supplementing some articles of the decree on taxes.
Decree amended and supplement a number of articles of Decree No. 218/2013 / ND-CP of December 26, 2013 detailing regulations and guiding the implementation of some articles of the Law on Enterprise Income Tax; Decree No. 209/2013 / ND-CP of December 18, 2013 detailing regulations and guiding the implementation...
Income from the property lease vnd 100 million/year not required to pay VAT
The Ministry of Finance issued the Circular No. 119/2014/TT-BTC dated August 25, 2014 of the Ministry of Finance amending and supplementing a number of articles of the Circular No. 156/2013/TT-BTC, Circular No. 111/2013/TT-BTC, Circular No. 219/2013/TT-BTC, Circular No. 08/2013/TT-BTC, Circular No. 85/2011/TT-BTC, Circular No. 39/2014/TT-BTC and Circular No. 78/2014/TT-BTC in order to simplify tax formalities.[...]
Providing the maximum interest rate applicable to usd deposits
On March 17, 2014, the State Bank of Vietnam issued the Circular No. 06/2014/TT-NHNN providing for the maximum interest rate applicable to USD deposits of organizations, individuals at credit institutions[...]
Import duty exemption for 5 years for assemble medical equipment
On December 8, 2014, the Ministry of Industry and Trade issued the Circular No. 10/2015/TT-BTC Detailing the implementation of the Prime Minister’s Decision No. 54/2014/QD-TTg of September 19, 2014, on import duty exemption for components imported to produce or assemble medical equipment prioritized for research and manufacture.
Domestically unavailable components...
Annul the term for registration of keeping the VIETNAMESE nationality
On June 24, 2014, the National Assembly passed the Law No. 56/2014/QH13 Amending and Supplementing a Number of Articles of the Law on Vietnamese Nationality, annuls the regulations that Overseas Vietnamese shall loose their Vietnamese nationality if not register to keep the nationality for 05 years.[...]
Prohibit trading cigarettes, liquors on e-commerce management portal
On December 05, 2014 the Ministry of Industry and Trade issued the Circular No. 47/2014/TT-BCT on the management of e-commerce websites. This Circular does not apply to websites operating in the fields of finance, banking, credit and insurance; websites for trading and exchange of money, gold, foreign currencies and...