Vietnam Legal RSS News Feed by Intellasia.Net

Tobacco tax aims to reduce smokers

Fri, 12 Mar 2010 07:00:00 +0800

An increase in the tobacco tax will help reduce the number of smokers in Vie t Nam, according to an overview survey on tobacco tax in Vietnam conducted by the Public Health University on Tuesday in Hanoi.

FDI companies report losses to dodge tax

Wed, 10 Mar 2010 07:00:00 +0800

The HCM City Taxation Department has said that most of 20 foreign direct investment (FDI) enterprises it has surveyed have reported losses for several consecutive years to avoid paying tax.

12,300 items to enjoy tax exemption from Asean

Tue, 09 Mar 2010 13:32:26 +0800

An agreement on closer economic tie establishment between Asean with Australia and New Zealand that is expected to take effect by the end of this week will create favourable condition for over 12,300 items of 10 Asean countries to enjoy tax exemption when exporting to these two countries.

Vietnam ministry: foreign workers must pay social insurance soon

Tue, 09 Mar 2010 07:00:00 +0800

The Ministry of Labour, War Invalids and Social Affairs (MoLISA) is working on a draft regulation, requiring foreign workers in Vietnam to pay social insurance in the future, Dat Viet newspaper reported Friday.

Domestic investors licensed to join petroleum operations

Mon, 08 Mar 2010 11:21:40 +0800

Domestic individual and corporate investors, established under laws, will now have a chance to join petroleum operations after Decree 115/2009/ND-CP adjusting previous regulations on the implementation of Law on Petroleum officially took effect from February 14, 2010.

Vietnam ministry: foreign workers must pay social insurance soon

Fri, 05 Mar 2010 07:00:00 +0800

New tariff on car import

Tue, 02 Mar 2010 11:02:13 +0800

Imported cars in 2010 will be applied higher tariff by 2-20 percent basing on the price risk management list of general Department of Customs.

Vietnam needs adequate regulations on foreign marriage

Wed, 24 Feb 2010 07:00:00 +0800

When the 21-year-old Vu Thanh Huyen left her hometown with the hope of changing her life by marrying a "rich Chinese man", least she knew that she will be contracted HIV/Aids from her husband.

Businesses allowed delayed tax payments for rest of the year

Wed, 24 Feb 2010 07:00:00 +0800

The Vietnamese government has announced it would continue to delay the corporate income tax for the duration of 2010 to boost the economy.

SBV rules on M&A of credit institutions

Fri, 12 Feb 2010 12:20:40 +0800

SBV governor on Feb 11 signed the Circular No 04/2010/TT-NHNN allowing banks, finance companies, finance leasing firms, associated credit institutions to merge, acquitise or buy back other credit institutions.

Gambling for locals a coin-toss

Tue, 09 Feb 2010 07:00:00 +0800

The Ministry of Finance (MoF) has finished collecting suggestions about regulations to oversee the casino and gambling industry. Many people have weighed in with their opinions about whether or not to allow Vietnamese people to gamble at casinos.

Hanoi seeks to stop licensing taxi firms

Sat, 30 Jan 2010 07:00:00 +0800

The Hanoi Transport Department has proposed to the city administration that the licensing of taxi firms be suspended from March 1.

Vietnam exempts VAT on exported goods

Thu, 28 Jan 2010 07:00:00 +0800

The finance ministry has issued a circular under which local enterprises will enjoy value added tax exemptions for goods exported to foreign markets.

New luxury tax for alcohol

Wed, 27 Jan 2010 07:00:00 +0800

Beer and other alcoholic drinks will face a special consumption tax of 45 percent until the end of 2012, the general Department of Taxation has said.

Highest import tariff on petroleum fixed at 30pct

Tue, 26 Jan 2010 11:19:42 +0800

Vietnamese Ministry of Finance has issued the benchmark of petroleum import tariff in correspondence to the world’s oil prices. This is the basic tariff framework to impose for each period.

Global lawyers' group says barred from Vietnam trial

Tue, 26 Jan 2010 07:00:00 +0800

Observers from a global association of lawyers were barred last week from a controversial Vietnamese trial at which four dissidents were jailed, the group said Saturday.

Vietnam's new regulations on infrastructure development

Tue, 26 Jan 2010 07:00:00 +0800

Vietnam is in desperate need of new and improved infrastructure to continue its growth. To create more favourable conditions for foreign investors participating in infrastructure development, the Vietnamese government recently issued Decree 108/2009/ND-CP (Decree 108) dated November 27, 2009 on investment in the form of BOT, BTO and BT contracts, which takes effect as of January 15, 2010 and replaces Decree 78/2007/ND-CP dated May 11, 2007 (Decree 78).

Miners get the hump with big taxes

Tue, 26 Jan 2010 07:00:00 +0800

Miners in Vietnam are facing steep hikes in royalties despite petitions to keep taxes on an even keel.

New law to levy environment tax on five groups of products

Sat, 23 Jan 2010 07:00:00 +0800

Any enterprise or individual who exploits, produces or imports five groups of products classified as hazardous to the environment will be imposed with an environment tax in the near future, according to the Draft Law on Environment Tax.

Overseas investments to be levied

Fri, 22 Jan 2010 11:21:45 +0800

The Ministry of Finance (MoF) has recently issued a directive on imposing corporation income tax (CIT) on overseas direct investments of enterprises.