Guarantee for foreigners to get Vietnamese visas regranted
I am from the Republic of Korea and currently doing business in Vietnam. I have lost all of my papers for my residence in Vietnam while other personal papers have expired for six months. What should I do to continue residing in Vietnam? Is my case a violation of Vietnamese law and subject to expulsion […]
Tax and investment changes concern foreign firms
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, deputy general director of the Audit and Advisory firm Deloitte Vietnam at a workshop on Tuesday in Hanoi. Themed “Investment incentives, related party transactions: situation and solutions,” the workshop was co-organized by […]
Imported forklifts are checked quality by the Vietnam Register
The Ministry of Transport will continue to assign the Vietnam Register to carry out the inspections of imported forklifts under HS code 84.27, including goods with duplicates that the Ministry of Industry and Trade removed from the list of specialized inspections when imported. This is a notice from the Ministry of Transport to the General […]
Many new points of customs procedures take effect formally
Circular 39/2018/TT-BTC amending and supplementing Circular 38/2015/TT-BTC on the customs procedures; the customs inspection and supervision; export tax, import tax and tax administration for the export and import goods has taken effect from June 5th, 2018. Because of many new points having a direct impact on the business community and Customs, the General Department of […]
Revision of Decree 134/2016 / ND-CP: Amendment of tax exemption regulations for specialized goods
In order to reduce administrative procedures and reduce the time for tax exemption, the Ministry of Finance will amend and supplement the regulations on import tax exemption for goods in the revised version of Decree 134/2016 / ND-CP for goods not for commercial purposes; imported goods for scientific research and technological development; imported goods in […]
Circular amending and supplementing Circular 38/2015 / TT-BTC: Many new regulations on management of processed goods and export production
Regarding the Customs management of processed goods, export production and export processing enterprises, the Circular amending and supplementing Circular 38/2015 / TT-BTC contains many provisions to renovate the way of management, apply modern management methods to solve problems in practice. Clearly define two types of norms The current Circular No. 38/2015 / TT-BTC regulates the […]
Handling for declarations wrongly registered regime code
The General Department of Vietnam Customs has instructed Hai Phong Customs Department on tax treatment for declarations with wrongly registered regime code by VietNam Schlemmer Automotive Parts Co.,Ltd, and Nam Quang Import and Export Joint Stock Company. According to the instruction from the General Department of Vietnam Customs, in order to implement tax treatment for […]
Some comments on tax exemption for construction materials to create fixed assets
Criteria to determine “materials used for manufacture of machinery and equipment” and “construction materials” has not been defined clearly, which confuses Customs agencies in the implementation of tax exemption. Clause 11 of Article 16 of the Law on Import and Export Duties No. 107/2016 / QH13 dated 6th April 2016, stipulates that goods imported to […]
Advocate for tax increase on tobacco products
This is the opinion of many participants at the workshop on information on tobacco harm and communication on tobacco harm prevention jointly held by the Fund for Prevention and Control of Tobacco Harm (Ministry of Health), the World Health Organization (WHO) and Health Bridge in Vietnam on 19th April 2018 in Ho Chi Minh City. Heavy […]
Import tax exemption for import goods of three airlines
Three airlines are subject to import tax exemption are Cathay Pacific Airways Limited, Federal Express Corporation and Japan Airlines. Deputy Prime Minister Vuong Dinh Hue has agreed with the proposal of the Ministry of Finance on the import tax exemption under the international agreements for three airlines which are Cathay Pacific Airways Limited, Federal Express […]