exported and imported goods

Guiding the methods for defining customs value of exported and imported goods

On March 25, 2015, the Ministry of Finance issued the Circular No. 39/2015/TT-BTC prescribing customs value of exported and imported goods. According to this Circular, The customs value is the selling price of goods at the border gate of exportation exclusive of international insurance cost (I) and international freight...
law on tax

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...

To 2017, GDP is expected to increase by 6.7%

On November 07, 2016, the National Assembly passed the Resolution No. 23/2016/QH14 on socio-economic development plan (2017), requires Government, Supreme People’s Procuracy, Supreme People’s Court and the State Auditors….to implement proactive and flexible monetary policies, continue to restructure credit institutions; develop bond markets, strictly control and tackle bad debts...
Regulations on salts, poultry eggs 2015

Regulations on salts, poultry eggs 2015

The Ministry of Industry and Trade has just issued the Circular No. 03/2015/TT-BCT dated February 27, 2015 providing for principles of managing tariff quotas for salts, poultry eggs 2015. Accordingly, the tariff quotas for eggs duck eggs (Goods without embryos) in 2015 is 46,305 tons allocated for traders holding the...

Cadres and civil servants will take 9 days off on Lunar New Year 2014

On December 12, 2013, the Government Office promulgated Official dispatch No. 10525/VPCP-KGVX on regulating the Tet holidays and change of weekend in 2014 holidays for cadres, civil servants and staffs. [...]

To inspect and penalize strictly the trafficking of ivory online

In order to prevent and fight effectively the organized crime of selling ivory, rhino horn and products made from endangered and rare wild animals, on September 17, 2016, the Prime Minister issued the Directive No. 28/CT-TTg on urgent solutions for preventing and fighting the violation of wild animals against...

Cancel purchasing expenditures that the estimation has not been approved yet

On August 13, 2014, the Prime Minister issued the Directive No. 25/CT-TTg on superintending to perform financial tasks – Budget 2014, actively cut down on or put off the implementation of payment tasks for purchasing equipment, cars… that are out of date but still be usable[...]

Change the method of tax calculation for foreign contractors

On August 06, 2014, the Ministry of Finance issued the Circular No. 103/2014/TT-BTC guiding the fulfillment of tax liability of foreign entities doing business in Vietnam or earning income in Vietnam, regulates that the contractor/subcontractor has a permanent establishment in Vietnam or the contractor/subcontractor is a resident of Vietnam[...]
commission for insurance contracts

Maximun commission for insurance contracts of guarantee insurance is 10%

This is the content prescribed at the Circular No. 194/2014/TT-BTC dated December 17, 2014 of the Ministry of Finance on amending and supplementing a number of articles of the Circular No. 124/2012/TT-BTC dated July 30, 2012 of the Ministry of Finance guiding the implementation of a number of articles...

All citizens are treated equal in exercising their right of access to information

Takes effect on July 01, 2018, the Law No. 104/2016/QH13 on information access passed on April 06, 2016 prescribes that all citizens are treated equal and not discriminated in exercising their right of access to information, the Government grants favorable opportunities for the disabled and those who reside in...