Category: Legal
Foreign credit institutions have to make loan classification
The State Bank of Vietnam (SBV)’s governor on January 21 issued a Circular No 02/2013/TT-NHNN stipulating the asset classification, risk provision fund level and method [...]
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Vietnam may put emergency tariffs on soyoil and palm oil imports
Vietnam is considering putting emergency import tariffs on soyoil and palm oil to prevent a flood of imports damaging its own producers, according to a World Trade [...]
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Tax law revision gives lifeline to property investors
The amended corporate income tax law, which will be submitted to the government this month and forwarded to the National Assembly in May, contains a provision that will help [...]
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Singapore, Vietnam DTA Protocol Comes Into Force
The Inland Revenue Authority of Singapore has announced that the second protocol amending the existing double taxation agreement (DTA) between Singapore and Vietnam entered [...]
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It pays to look at small tax print
Foreign-invested businesses operating in Vietnam can encounter trouble if they fail to pay close attention to the nation’s evolving tax rules and other business laws as [...]
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Vietnam Delays Corporate Taxes to Bolter Economy
Vietnam will delay the collection of corporate taxes by six months as part of measures designed to get companies spending and to bolster an economy that grew only 5 percent [...]
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Vietnam to cut CIT to 20pct from July 1, 2013
The government assigned the Ministry of Finance to submit to the National Assembly for consideration and decision of the new corporate income tax (CIT) of 20 percent for [...]
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Vietnam cuts red tape on luxury imports
The Ministry of Industry and Trade has issued Circular 301 to ease the import of mobile phones, spirits and cosmetics. The circular taking effect from January 1, 2013 and has [...]
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Vietnam upholds long blogger jail terms
Two prominent Vietnamese dissident bloggers on Friday lost their appeals against long prison sentences for “anti-state propaganda”, a lawyer said, despite [...]
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Ministry seeks to refund plastic-bag tax to local firms
Those companies that have paid environmental protection tax for plastic bags from the year’s beginning to last month might get the sum back if a proposal of the [...]
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Stricter rules to strengthen securities businesses
Securities company operations will be strengthened from January 15 under new regulations circulated by the Ministry of Finance and prompted by scandals surrounding securities [...]
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Securities companies not to be allowed to invest in real estate sector
Securities companies will not be allowed to invest in real estate, except for the purpose of using as their headquarters, branch or transaction office The Ministry of Finance [...]
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Vietnam court rejects anti-graft journalist appeal
A Vietnamese court Thursday upheld a four-year jail sentence for an anti-corruption journalist, rejecting an appeal against his conviction for bribing police during an [...]
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Auto registration fee cuts seen not steep enough
While the government’s draft resolution implies automobile registration fee reductions would start next year to support consumers and enterprises, there are concerns [...]
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Ministry seeks tax breaks for businesses
The Ministry of Finance has proposed many preferential policies for small and medium-sized enterprises (SMEs), including tax reductions and payment extensions, to help them [...]
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