Archive for June, 2006
Payment of export goods
Export goods are entitled to an export duty rate of 0% and deducted/refunded input value added tax when owners of the goods obtain enough foreign contracts, customs [...]
» More
Provisory portfolio for foreign investors
The Ministry of Finance has sent the prime minister a draft decree guiding the implementation of the Investment Law and providing a provisory portfolio that is applicable to [...]
» More
Authority to apply certificate of investment
Under the draft decree guiding the implementation of the Investment Law, the authority to grant a certificate of investment is the prime minister, the Ministry of Planning [...]
» More
Tobacco imports
Cigarettes and cigars are not mentioned in the list goods banned from export and import pursuant to Decree 12/2006/ND-CP dated June 23, 2006 ruling the implementation of the [...]
» More
Prohibited or restricted goods and services
Decree No. 59/2006/ND-CP dated June 12 providing detailed regulations under the Commerce Law on goods, services are prohibited, restricted or subject to certain conditions is [...]
» More
Tariff exempt for FIEs’ imported fixed assets
Foreign-invested enterprises are to be exempt from tariffs on goods they import as fixed assets under a decision announced last week by the Vietnamese trade ministry. The [...]
» More
Regulation of virtual assets by year’s end
Ministry of Trade representatives said during a press conference in Hanoi that they are working on a draft proposal to legalise virtual assets, with issuance projected by the [...]
» More
MoF issues circular on tariffs on China car imports
The Ministry of Finance has issued a circular guiding the implementation of preferential import duties of Vietnam pursuant to the China-Asean Free Trade Area (FTA). [...]
» More
CIT incentives
In case a business is entitled to investment incentives for newly established projects, then it invests in the expansion of its new production lines, it can be allowed to [...]
» More
CIT on contributed capital transfers
Earnings of individuals coming from their contributed capital transfers in the limited liability company for others are temporary income that is not subject to corporate [...]
» More
Retail invoices
Retail invoices used for money counting machines are issued by the Ministry of Finance or self-printed by institutions, individuals registered with the central provincial or [...]
» More
Granting retail invoices
For household businesses that pay tax to state agencies stably, if they have demand to use invoice books, they will be sold those invoice books to serve their business [...]
» More
EVN restructured as Vietnam Electricity Group
Prime minister, June 22, signed Decision 147/2006/QD-TTg to approve the transformation of the state-owned Electricity of Vietnam into the country’s largest electricity [...]
» More
Transfer of land use rights in Hanoi
The Ministry of Finance has sent Official Letter 7161/BTC-QLCS answering questions of the People’s Committee of Hanoi on debiting financial duties and acceptance on the [...]
» More
Intellectual property rights on plant varieties in Vietnam
The Vietnam National Assembly in November 2005passed a comprehensive intellectual property rights law that consists of six parts. Part four of the law covers intellectual [...]
» More
