Increase the export tax rates applicable to gold jewelry, goldsmiths’ wares by 2% from may 07, 2015
On March 23, 2015, the Ministry of Finance issued the Circular No. 36/2015/TT-BTC dated March 23, 2015 amending the export tax rates applicable to gold jewelry, goldsmiths’ wares and other golden articles in subheadings 71.13, 71.14, 71.15 of export tax schedule.
Accordingly, from May 07, 2015, the export tax rates...
Applying special excise duty to beer products based on alcohol content
Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and Trade...
VAT rate for unprocessed processed cultivation, husbandry or quatic products
On June 26, 2014, the Ministry of Finance issued the Circular No. 83/2014/TT-BTC guiding the application of value-added tax according to Vietnam’s list of imports; within that the most important content is the VAT rate applicable to unprocessed or preliminarily processed cultivation, husbandry or aquatic products, and fresh or raw foods at the stage of trading.[...]
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...
MAY IS THE OCCUPATIONAL SAFETY AND HEALTH ACTION MONTH
In accordance with the Circular No. 02/2017/TT-BLDTBXH dated February 20, 2017 of the Ministry of Labor, War Invalids and Social Affairs guiding the guidelines for organization of the occupational safety and health action month, the Occupational Safety and Health Action Month shall be organized from the 01st day to...
Casino business must have licenses for collection and payment of foreign currency
On July 24, 2014, the State Bank of Vietnam (SBV) issued the Circular No. 15/2014/TT-NHNN guiding the exchange management of the business of prize-winning electronic games for foreigners[...]
CONDITIONS FOR FACTORING ACTIVITY
On May 17, 2017, the State Bank of Vietnam issued the Circular No. 02/2017/TT-NHNN stipulating on factoring activity of credit institutions, foreign banks’ branches.
The Circular prescribing that for customers being residents, factoring unit shall consider and decide on factoring when customers being legal status that has legal personality of...
Bidding documents for procurement of herbal ingredients and traditional ingredients at heath facilities www.luatvietnam.vn
On August 10, 2016, the Ministry of Health issued the Circular No. 31/2016/TT-BYT dated August 10, 2016 of the Ministry of Health guiding the Bidding Documents for procurement of herbal ingredients and traditional ingredients at heath facilities, including Bidding Documents for procurement of herbal ingredients applicable to open tender...
Activities of representative office of foreign Educational Institute in Vietnam
Under Vietnam Law, a Foreign Educational Institute having been operating in Foreign Country for at least 5 years upward, being recognized by competent authority in Foreign Country for its quality can setup a Representative Office in Vietnam. [...]
To reduce pit of individuals working in the IT industry by 50%
This is one of the most important solutions on tax incentives for developing and applying information technology in Vietnam issued with the Resolution No. 41/NQ-CP dated May 26, 2016 of the Government.
In particular, beside the policy that personal income tax on salary-based and wage-based incomes of individuals working in...
