Top 10 legal documents in 2017
1. Planning LawPassed on November 24, and set to take effect on January 1, 2019, the Planning Law prescribes the formulation, appraisal, approval, implementation and adjustment of master plans in the national planning system.The Law marks an institutional transformation aiming to synchronize and unify the current planning regulations.In addition to state resources, the Law encourages mobilization of […]
Removing specialised inspection obstacles for the transportation field
VCN – Recently, the Ministry of Transport has fundamentally change the method of management for specialised inspections with the implementation of risk assessment management. Despite a wide application of international practices and enhancement of post clearance audits, there have still been overlaps in the specialised inspection process between the Ministry of Transport and other ministries. […]
Presidential Office announces six new laws
The Presidential Office announced six new laws at a press conference on December 14. The laws were adopted by the 14th National Assembly at the recent fourth session. They are the Forestry Law, the Law on Amending and Supplementing a Number of Articles of the Law on Credit Institutions, the Law on Amending and Supplementing […]
More banks supporting the online tax payment 24/7
VCN – Expanding the project of online tax payment via banks and Customs clearance 24/7, on 12th December 2017, the General Department of Customs (GDC) has signed a cooperation agreement with 6 banks: Sacombank, Mizuho Bank LTD , SCB, VPBank, HDBank, and LienvietpostBank, which shall collect taxes electronically 24/7 from 15th December 2017. The project […]
Customs has no documents on tax arrears collection of on-spot import and export goods entitled to preferential tax rate
VCN – Regarding the recent information related to enterprises’ comments on the plan for tax arrears collection of some on-spot import and export declarations which have enjoyed special preferential rate, talking with a Customs Newspaper’s reporter on 7th December 2017, Deputy Director of Customs Control and Supervision Department (General Department of Customs) Nguyen Nhat Kha, […]
Many obstacles on online public services removed
VCN – Recently, the General Department of Customs has proactively applied information and technology in administrative reform and boosted the online public services at level 3, 4. However, there are obstacles to be removed. At the Northern business dialogue on Customs administrative procedures and tax policies 2017 that took place in Hanoi, Deputy Director General […]
Collaboration of information exchange between Tax and Customs
VCN- The General Department of Taxation has received complaints of some Tax Departments not obtaining receipts of fees and charges collected by the Customs to deduct debts for paid fees and charges to the Tax. For this problem, Pursuant to the Government’s Decree No.120/2016/ND-CP dated 23rd August 2016 detailing and guiding the implementation of a […]
Cross-border e-commerce benefits Vietnamese SMEs
Vietnamese small-and medium-sized enterprises SMEs are focusing more and more on international trade via e commerce. The Department of E-commerce and Digital Economy under the Ministry of Industry and Trade (MoIT) said that e-commerce is suitable for SMEs as it can save costs and directly connect buyers with sellers. Vietnam is one of the countries […]
Many obstacles when the Decree on importing chemicals takes effect
VCN- Tomorrow (November 25), Decree 113/2017/ND-CP of the Government detailing and guiding the implementation of a number of articles of the Law on Chemicals takes effect. The General Department of Customs has sent a letter to the Ministry of Industry and Trade saying many problems will arise when this Decree comes to life. Article 13 […]
Procedures for customs valuation to be further simplified
The General Department of Customs is working out a draft decree to revise Decree 08 issued in 2015, which focuses on simplification of procedures for customs valuation to create more favorable conditions for priority enterprises in the customs sector. According to an official from the General Department of Customs, current regulations still lack the method […]