Category: Legal
Defining VAT on Gold and Silver Processing
The general Department of Taxation (GDT) has issued Document 323/TCT-CS to guide tax departments in provinces and cities and gold and silver businesses on the implementation [...]
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Vietnam Proposes Amendments to PPP Laws in a Bid to Encourage International Investment
Vietnam has proposed expanding its public private partnership (PPP) laws to allow more sectors to benefit from this method of finance, according to local press reports. Under [...]
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VAT Law Revision to Simplify Tax Calculation, Expand Relief
The revised law on value added tax (VAT) will simplify tax calculation methods and expand the list of those who can enjoy a tax exemption. The beneficiaries include many [...]
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Draft decree on derivatives
The State Securities Commission is drafting a decree on derivatives products and planning to collect opinions from relevant bodies and market participants on the draft by the [...]
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Vietnam lawyers object to new law allowing police deadly force
Experts are concerned that a new proposal by the Ministry of Public Security that would allow police to shoot directly at “suspects who show signs of resistance” will [...]
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Hefty fine on unregistered pricing: draft rule
The enterprises failing to register prices of their goods and services as regulated would be fined up to VND150 million, according to a draft decree on administrative [...]
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Six-month licenses for foreign lines in domestic market
The Ministry of Transport will consider issuing licenses valid for six months or less for foreign shipping companies wanting to transport goods on domestic routes. Eligible [...]
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Draft regulation threatens expulsion and fines for foreign seafood traders
Individuals and organisations working with foreign traders to buy domestic aqua products could be strictly fined, according to a draft regulation. The government has just [...]
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Vietnamese test taboo on debating communist monopoly
When Vietnam’s communist leaders asked for public comment on their plan to amend the country’s constitution they did not anticipate unleashing an unprecedented [...]
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Vietnam capital to reassign obese, rude traffic cops: paper
Pot-bellied, short, or abusive traffic policemen will be barred from working on the streets of Vietnam’s capital and assigned desk jobs instead as Hanoi police try to [...]
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Tobacco, temporary imports and tax targeted
The government is drafting a decree on sanctioning administration violations of copyright and related rights. Under the draft decree, the highest fines applied for [...]
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Taxing deposit interest a heartfelt proposal: HoRea
The HCM City Real Estate Association (HoRea) said Monday that its proposal to tax the interest earned from bank deposits is a “heartfelt suggestion,” despite the [...]
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Proposal to personal tax savings accounts faces strong opposition
Several economic experts have strongly criticised a proposal made by Chair of HCM City Real Estate Association (HoRea), Le Hoang Chau, to impose a tax on personal savings [...]
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Concern over draft decree on cash payment
A draft decree by the State Bank of Vietnam (SBV) has stirred up public concern, as it would forbid the use of cash for the purchase of cars and motorbikes. Recently, Bui [...]
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Auto registration fee cut awaits government’s decision
The Ministry of Finance has submitted a draft decree to the government which would reduce registration fees on cars with fewer 10 seats starting March 15, said deputy [...]
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