Archive for December 16th, 2005

Customs law set for January

16-Dec-2005 Intellasia | 14/Dec/2005 Dau Tu page 3 | 4:11 PM

The Minister of Finance Nguyen Sinh Hung has directed head of the General Department of Customs, General Department of Taxation to quickly implement the Customs Law and [...]
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Labour ministry suggests FIEs pay higher salaries

16-Dec-2005 Intellasia | 15/Dec/2005 Ministry of Labour, Invalid and Social Affairs | 4:10 PM

Ministry of Labour, Invalid and Social Affairs in December 8 issued an official letter encouraging foreign invested enterprises to pay more than the regulated minimum salary. [...]
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Interest rate support for poultry slaughters

16-Dec-2005 Intellasia | 15/Dec/2005 Thoi Bao Kinh Te Vietnam page 1 | 4:09 PM

On December 13, the prime minister promulgated a decision on financial support for poultry slaughtering and-processors under the control of the agriculture ministry or [...]
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PM extends 2001-2005 import export decision

16-Dec-2005 Intellasia | 14/Dec/2005 The Office of Government | 4:08 PM

The prime minister issued a decision to extend the valid date of the Decision 46/2001/QD-TTg dated April 4 2001 concerning the management of the goods import and export in [...]
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VAT payable on public construction works

16-Dec-2005 Intellasia | 15/Dec/2005 General Dept of Taxation | 4:08 PM

Newly construction works used for public purposes that are funded buy people’s contribution and state support under 30% total value will not have to pay VAT. However, works [...]
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More products on ASEAN Integration System of Preference

16-Dec-2005 Intellasia | 14/Dec/2005 Denco Consulting Company | 4:07 PM

According to the Ministry of Trade, the ASEAN Integration System of Preference is given to Vietnamese products included in the additional lists of Indonesia and the [...]
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Loan interest calculated at as cost of fixed asset

16-Dec-2005 Intellasia | 14/Dec/2005 General Department of Taxation | 4:06 PM

Under an official letter by the General Department of Taxation, if businesses buy fixed assets by using a bank loan, the monthly interest cost is calculated into the price of [...]
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Signatures for VAT

16-Dec-2005 Intellasia | 14/Dec/2005 General Department of Taxation | 4:05 PM

Under a letter by the General Department of Taxation, a business is allowed to deduct value added tax for invoices where the buyer is not the owner of a business and invoices [...]
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Depreciation provisional to profitability

16-Dec-2005 Intellasia | 14/Dec/2005 General Department of Taxation | 4:05 PM

Under an official letter by the General Department of Taxation, businesses are allowed to deduct the depreciation of fixed assets used in the manufacturing process including [...]
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VAT on advance payments

16-Dec-2005 Intellasia | 14/Dec/2005 Denco Consulting Company | 4:04 PM

14/Dec/2005 Denco Consulting Company As stated by the General Department of Taxation, where an exporter receives via a bank a payment larger than the amount stated in the [...]
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Salary for director who holds board position

16-Dec-2005 Intellasia | 14/Dec/2005 Denco Consulting Company | 4:02 PM

In case a business has two Board members and both of them are involved in conducting business activities as a Director and a Deputy Director. According to the GDT, wages paid [...]
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Multi-level marketing fees

16-Dec-2005 Intellasia | 14/Dec/2005 Dau Tu page 3 | 4:00 PM

The finance ministry has agreed with the proposal of the trade ministry concerning regulations on fees for licensing multi-grade goods trading. Accordingly, those businesses [...]
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Friendship foundation of Vietnamese American set up

16-Dec-2005 Intellasia | 14/Dec/2005 Tuoi Tre Online | 8:44 AM

The second conference of Friendship Foundation of Vietnamese Americans was held in California, the US at the end of November with the attendance of representatives from [...]
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Promise to pay free treatment for children below 6

16-Dec-2005 Intellasia | 15/Dec/2005 Gia Dinh & Xa Hoi page 4 | 8:43 AM

The health department of southern provinces of Hau Giang and Vinh Long said that they would settle all the hospital fees from the health department of Can Tho city about [...]
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Lost foreign scuba divers rescued

16-Dec-2005 Intellasia | 14/Dec/2005 Thanh Nien | 8:42 AM

Four foreign tourists who were swept away while on a diving tour Tuesday December 13 December 13 were rescued off Phu Quoc Island in southern Vietnam. The four were on a [...]
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