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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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Draft law proposes new fat tax on carbonated soft drinks

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

A special consumption tax of 10 per cent is likely to be imposed on carbonated soft drinks due to their potential health risks. This is mentioned in the revised draft of the [...]
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