Legal Update

Ha Noi to raise smuggling fines

Ha Noi to raise smuggling fines

Deputy Prime Minister Nguyen Xuan Phuc has approved Ha Noi's proposal to increase administrative fines for smugglers and manufacturers of fake products. He asked the Ministry of Finance to study the...

Tighter Management over Inefficient Funds

Tighter Management over Inefficient Funds

Restructuring investment funds is one of the first successes contributing to Vietnam's stock market restructuring. Until 2004, Vietnam's stock market had no fund management company. But within two years from 2006...

 
Press Release on issuance of Circular No.01/2015/TT-NHNN

Press Release on issuance of Circular No.01/2015/TT-NHNN

The State Bank of Vietnam (SBV) issued Circular No. 01/2015/TT-NHNN on January 6 to stipulate trading and provision of interest rate derivative products of commercial banks and foreign bank branches....

New law drafted to prop up private sector

New law drafted to prop up private sector

The Ministry of Planning and Investment is drafting a new law intended to guarantee breakthrough development in the private sector, said minister Bui Quang Vinh. Vinh told reporters in Hanoi on...

 
Finance Ministry proposes abolishing a series of charges and fees

Finance Ministry proposes abolishing a series of charges and fees

The Ministry of Finance has proposed abolishing, or shifting to the service price mechanism, 26 types of charges and fees in order to suit practical conditions. This is one salient point...

Implementing contents in amended laws on taxation

Implementing contents in amended laws on taxation

The Ministry of Finance sent Office Notice 17526/BTC-TCT to provincial and municipal people’s committees, departments of finance and departments of taxation on implementing some contents in the amended laws and...

 
Tax incentives in building high-tech parks

Tax incentives in building high-tech parks

The Ministry of Finance has given their opinions in a draft on approving the high-tech park development master plan based on Office Notice 17240/BTC-CST. The Ministry of Finance has agreed with...

Project adjustment procedures need to be followed

Project adjustment procedures need to be followed

While implementing investment project adjustments, it is essential for investors to determine the cases where they need to carry out registration or examination procedures in accordance with the law. The adjustment...

 
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