THE GOVERNMENT ISSUED RESOLUTION TO SUPPORT FOR THE PEOPLE AFFECTED BY COVID-19 PANDEMIC

The Government has issued Resolution No. 42/2020/NQ-CP dated April 09, 2020 on solution to support the people affected by Covid-19 pandemic. Regulated entities including employees, employers, enterprises, people with meritorious services to the revolution; and poor and near-poor households. In which, the duration of support for the above entities depends on the actual situation of […]

Handling of administrative violations in tax, treasury and customs agencies reviewed

VCN- The Ministry of Finance has just issued Decision No. 179 / QD-BTC on theplan to review the implementation of the Law on handling of administrative violations in 2020. Under the plan, the Ministry of Finance will focus on reviewing the implementation of the provisions of Law on handling of administrative violations and guiding documents […]

Tobacco imports under tariff quota in CPTPP adjusted

VCN – The Ministry of Industry and Trade issued Circular No. 03/2020/TT-BCT stipulating tobacco imports under the tariff quota described in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The circular adjusts imports of tobacco HS code 24.01 under the tariff quota described in the CPTPP. Specifically, imports of tobacco HS 24.01 are adjusted […]

General Department of Vietnam Customs actively solves problems of C/O

VCN – To facilitate the import-export activities of enterprises, the General Department of Vietnam Customs has actively solved problems relating to certificates of origin (C/O). Vinataba – Philip Morris Co., Ltd. remarked that, currently, enterprises have six preferential C/Os that were verified in 2015, but they have not received the verification results from the General Department of Vietnam Customs. Enterprises […]

Important laws to take effect in January

The 2018 Law on Animal Husbandry, the 2018 Law on Cultivation, the 2019 revised law on management and use of weapons, explosives and support tools, and the 2019 Law on Public Investment will start taking effect in January 2020. With eight chapters and 83 articles, the 2018 Law on Animal Husbandry regulates the rights and […]

Many regulations on facilitation of duty-free goods business supplemented

VCN –The Decree replacing the Government’s Decree 167/2016/ND-CP on duty-free businesses has amendments and supplements to current regulations, which will facilitate duty-free business and ensure theirmanagement.   Facilitate customers on entry and exit The draft Decree replacing Decree 167 supplements regulations on selling goods to customers waiting for exit, in transit but delivering goods to […]

State’s conditions for investment credit tobe amended

VCN  – The Ministry of Finance is researching adjusting the policy on conditions for State investment credit. It is expected new regulations will be issued in the second quarter of 2020. It is easy for bank but difficult for implementing project On March 31, 2017, the Government issued Decree 32/2017/ND-CP on State investment credit on the […]

Many new contents on Customs management for cross- border trade

VCN- The Ministry of Finance has issued Circular 80/2019/TT-BTC guiding customs procedures, management of taxes, fees and charges for imported and exported goods in accordance with Government Decree 14/2018/ND-CP on cross-border trade.   Circular 80 stipulates that procedures for import and export goods of traders cross border gates must comply with provisions of law on […]