Archive for March 14th, 2005

China and Laos succeed in joint project to produce latex

14-Mar-2005 Intellasia | 06/Mar/2005 Asia Pacific News | 5:18 PM

A collaboration between China and Laos to produce latex has proven so successful that it’s been expanded to several Laotian provinces. The project’s not only [...]
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Under-reported bird flu cases since Tet

14-Mar-2005 Intellasia | 10/Mar/2005 Recombinomics | 3:08 PM

An additional 11 people have been infected with bird flu in Vietnam and about eight of them have died, though the cases have yet to be reported officially by local health [...]
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Redundancy rules for workers at equitising SOEs

14-Mar-2005 Intellasia | 08/Mar/2005 Hanoi Moi page 3 | 2:53 PM

The Ministry of Labour, War Invalids and Social Affairs issued a circular instructing the application of labour policies for all employees or state owned enterprises that are [...]
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Import duties cut on apparels imported from US and EU

14-Mar-2005 Intellasia | 10/Mar/2005 Thoi Bao Kinh Te Vietnam page 1 | 2:53 PM

The Ministry of Finance issued Decision 13/2005/QD-BTC dated March 8, 2005 modifying import duties applied to apparel and textile products imported from the US and European [...]
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Labour rules in IPs/EPZs

14-Mar-2005 Intellasia | 09/Mar/2005 Nong Nghiep Nong Thon Vietnam | 2:52 PM

Under Official Letter 829/VPCP-VX dated February 23, 2005 regulating the application of state policies and the regulations on labour and living activities in industrial parks [...]
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Government control of all religious activities

14-Mar-2005 Intellasia | 08/Mar/2005 An Ninh Thu Do page 3 | 2:51 PM

The government issued Decree 22/ND-CP dated March 1, 2005 guiding the implementation of some clauses written in Ordinance on Religion. The above decree regulates specific [...]
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Tax registration for change of address

14-Mar-2005 Intellasia | 7/Mar/2005 General Department of Taxation | 2:51 PM

Under Official Letter 620 TCT/DNK dated March 4, 2005 of the General Department of Taxation, when changing the location, within five days after businesses are granted [...]
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Fines paid from after-tax profit

14-Mar-2005 Intellasia | 7/Mar/2005 General Department of Taxation | 2:50 PM

Under Official Letter 607 TCT/DTNN dated March 4, 2005 of the General Department of Taxation, if businesses are administratively penalised during its operation, they will [...]
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PIT payments by entertainers

14-Mar-2005 Intellasia | 10/Mar/2005 Nong Nghiep Vietnam page 2 | 2:49 PM

Under Official Letter 656/VHTT-KHTC by the Ministry of Culture and Information regulating the application of personal income tax (PIT) on high income earners, 25% of the [...]
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VAT refunds for export contracts in advance

14-Mar-2005 Intellasia | 09/Mar/2005 Dau Tu page 1 | 2:49 PM

In order to resettle capital problems facing many businesses under the deferred payment method, the Ministry of Finance allowed businesses to deduct input value added tax [...]
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Vouchers paid to foreigners via banks

14-Mar-2005 Intellasia | 7/Mar/2005 Ministry of Finance | 2:48 PM

Export businesses have to submit a list of vouchers to prove that they have already paid exported goods and services with foreign partners via banks in the application of [...]
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Fines for false tax expense deductions

14-Mar-2005 Intellasia | 7/Mar/2005 General Department of Taxation | 2:48 PM

The General Department of Taxation issued Official Letter 592 TCT/TTr dated March 2, 2005 stating if businesses make invoices for costs that have not emerged in fact, they [...]
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Tax deductible expenses on inland transportation costs

14-Mar-2005 Intellasia | 7/Mar/2005 General Department of Taxation | 2:47 PM

Under Official Letter 583 TCT/DNNN dated March 2, 2005 of the General Department of Taxation, businesses in commercial areas are not allowed to deduct value added tax (VAT) [...]
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Regulations on self-printed VAT invoices

14-Mar-2005 Intellasia | 4/Mar/2005 General Department of Taxation | 2:47 PM

Under Official Letter 619 TCT/PCCS dated March 4, 2005 of the General Department of Taxation, when state-owned enterprises are converted into joint stock companies, or change [...]
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Loosening outward remittance limit

14-Mar-2005 Intellasia | 10/Mar/2005 Thoi Bao Kinh Te Vietnam | 2:46 PM

Vice director of the central bank-HCM City branch Ho Huu Hanh has recently proposed the State Bank of Vietnam raise allowances transferred to relatives abroad from US$5,000 [...]
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