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Decree guiding advertising law in Vietnam comes into force

07-Apr-2014 Intellasia | Lexology | 6:00 AM

On 21 June 2012 the National Assembly passed the Law on Advertising which, among other things, contains very strict provisions on the advertising of special goods that may [...]
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Vietnam to ban gold bullion at country’s borders

03-Apr-2014 Intellasia | Tuoi tre news | 6:00 AM

Local and foreign individuals will be prohibited from carrying gold bullion and gold material when they enter or leave Vietnam, except for immigration purposes, starting May [...]
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New VAT rule makes life hard for business start-ups

03-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Newly-registered enterprises are struggling with a new rule on value added tax (VAT) as it requires them to have assets worth more than VND1 billion (US$47,440) to enjoy VAT [...]
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Draft amendments to construction law seen unclear

03-Apr-2014 Intellasia | Saigon Times Daily | 6:00 AM

Tran Trong Tuan, director of the HCM City Department of Construction, on March 31 requested clarity for some articles in the draft amendments to the Construction Law, saying [...]
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SBV prohibits movement of undeclared gold

02-Apr-2014 Intellasia | VNS | 6:00 AM

Vietnamese and foreign individuals have been banned from carrying gold bars and gold raw materials when leaving or entering Vietnam from May 15. This was announced in [...]
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Guidelines set for foreign investors’ portfolio investment accounts

20-Mar-2014 Intellasia | VNS | 6:00 AM

Circular 05/2014/TT-NHNN (12 March 2014) issued by the State Bank of Vietnam (SBV) contains guidelines on opening and using indirect investment capital accounts for [...]
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Government revises VAT guidance

20-Mar-2014 Intellasia | VIR | 6:00 AM

In wake of the continued efforts by governments to bolster investment following the economic downturn, there has been a noticeable and stable rebound in FDI in Asia. Vietnam [...]
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Draft laws should control, not discriminate against FDI

15-Mar-2014 Intellasia | Saigon Times Daily | 6:00 AM

The draft laws on investment and enterprise being put forth for public comments must not discriminate against foreign direct investment (FDI) firms, but should set up special [...]
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Vietnam foreign ownership laws to be loosened

14-Mar-2014 Intellasia | Opp-connect | 6:00 AM

The Vietnamese Ministry of Construction wants to make it much easier for overseas Vietnamese to own property in the country. The Ministry has proposed amendments to the [...]
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Finance ministry circular details new pricing model for goods, services

13-Mar-2014 Intellasia | VNS | 6:00 AM

On 17 February, 2014, the Ministry of Finance issued Circular No 25/2014/TT-BTC outlining the common methods for determining the prices of goods and services (“Circular [...]
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Zero tax levied on two Cambodian import items

11-Mar-2014 Intellasia | VOV | 6:00 AM

The Ministry of Industry and Trade (MoIT) has decided to impose a zero tax rate on rice and dried tobacco leaves imported from Cambodia over 2014-2015. Under a MoIT circular [...]
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Government asks for specific equitisation and capital withdrawal plans

11-Mar-2014 Intellasia | VNA | 6:00 AM

The government has issued Resolution 15/NQ-CP on measures to speed up equitisation and withdrawal of State capital from enterprises, the government Portal said. Accordingly, [...]
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Electronic gaming for foreigners

06-Mar-2014 Intellasia | VNS | 6:00 AM

The Ministry of Finance (“MOF”) issued Circular No 11/2014/TT-BTC (January 17, 2014) providing guidelines on electronic gaming for foreigners. These guidelines [...]
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State-funded projects back local IT products

04-Mar-2014 Intellasia | VNS | 6:00 AM

The Ministry of Information and Telecommunications has released a new circular, which decrees that any IT projects funded by the state budget, must buy local products first. [...]
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New rules press VAMC to be more transparent

01-Mar-2014 Intellasia | VNS | 6:00 AM

The Vietnam Asset Management Company (VAMC) will have to publish information about its activities and become more transparent under a new regulation issued by the State Bank [...]
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