Category: Legal
Ministry seeks to remove tax debts at now-defunct State firms
The Ministry of Finance is seeking approval from the prime minister to remove tax debts shouldered by State-owned entities that have been equitised, disbanded or transferred [...]
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New regulations manage pharmaceutical industry
On March 29, 2013, the Ministry of Health issued Circular No10/2013/TT-BYT amending and supplementing a number of articles of Circular No02/2007/TT-BYT on conditions for the [...]
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Jewellery export tariffs reviewed
The Ministry of Finance is weighing to impose a new tariff on jewellery exports as the current tax rate, which has been applied since 2011, is no longer suitable to the [...]
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New draft decree could lead to construction violations
The Ministry of Construction has issued a draft decree on the levels of fines for unlicensed construction work. According to the draft decree on fines on construction [...]
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PM sets new airline capital thresholds
Prime minister Nguyen Tan Dung has signed a decision stipulating that no commercial airline can be formed unless it has a minimum capital of 300 billion VND (14.4 million [...]
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MPI signals tax incentives for long-term investors
Vietnam is expected to offer tax exemption and reduction for expansion parts of foreign-invested projects as well as tenants in industrial zones in order to attract long-term [...]
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New regulations manage pharmaceutical industry
On March 29, 2013, the Ministry of Health issued Circular No10/2013/TT-BYT amending and supplementing a number of articles of Circular No02/2007/TT-BYT on conditions for the [...]
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Amending preferential import tax rates for some commodities
On April 4, 2013, the Ministry of Finance issued Circular No38/2013/TT-BTC amending and supplementing preferential import tax rates applicable to some commodities in the [...]
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Vietnam to consider special tariff on BD SME items
Vietnam will consider providing special tariff facilities on products of Bangladeshi small and medium enterprises (SMEs) in entering its market, visiting Vietnamese Industry [...]
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Tax reduction will bring more gains than losses
It would be better to reduce tax and collect tax sufficiently, than setting up high tax rates which prompt businesses to evade tax. The corporate income tax being drafted by [...]
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Government to forgive hard-to-collect tax arrears
The Ministry of Finance has proposed to cancel tax debts or fines prior to July 2007 for individuals and state-owned enterprises that are no longer be able to make their [...]
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Ban imposed on poultry transport via border gates
The minister of Agriculture and Rural Development yesterday ordered a stricter ban on the transport and trade of poultry through border gates. The ban aims to prevent the [...]
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Tax changes to offer safety net
Firms and the banking system’s financial stability are to be guaranteed by new tax changes. The draft Corporate Income Tax Law (CIT), to be tabled at the National [...]
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Ministry tightens food advertising laws
The regulations on advertisements for food under the management of the Ministry of Health are promulgated under the Circular 08/2013/TT-BYT dated March 13, 2013 (Circular [...]
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Foreign investor decree clarified
The government has recently launched various measures to strengthen weak credit institutions. One of these measures is a draft decree regulating how many shares foreign [...]
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