Proposal to include securities on list of essential services

VCN - The State Securities Commission has proposed municipal and provincial People's Committee to include the securities industry on the list of "essential services" to facilitate the securities market in general and securities market related-activities in provinces and cities.

07/04/2020316 View

Amending regulation on sanction administrative violation to appropriate with reality

VCN –Leaders of General Department of Vietnam Customs talked at the meeting about collecting opinions of draft decree replacing Decree No. 127/2013/NĐ-PC amending and supplementing at Decree No. 45/2016/NĐ-CP of Prime Minister stipulating about handling administrative violation and enforcing to execute administrative decision in customs (referred to as the decree sanctioning administrative violation in customs field).

17/09/2019219 View

Value added tax policy on repurposed goods

VCN – Facing problems in the calculation of Value Added Tax (VAT) on imported industrial sewing machines subject to import tax exemption but subject to VAT, but are repurposed and sold domestically, some enterprises raised questions on VAT calculation and deduction on repurposed goods, guided by the General Department of Customs.

17/09/2019204 View

Continue instructing import procedure of used machines and process lines

VCN - The General Department of Vietnam Customs issued documents to instruct provincial customs departments in the handover of used machinery, equipment and processing lines when implementing Decision 18/2019/QD-TTg in order to unify the coordination in professional work between the customs branch where the declarations are registered and the customs branch where goods are stored.


17/09/2019213 View

Proposing to reduce import duty for mineral products to 0%

VCN - The Ministry of Finance has completed the draft Decision of the Prime Minister amending and supplementing Clause 1, Article 1 and Appendix of the normal import tariffs of the Prime Minister’ Decision No. 45/2017/QD-TTg amending and supplementing Decision No.36/2016/QD-TTg regulating the application of normal tax rate for imported goods.

13/08/2019237 View

Guidance to lodge license in customs dossier

VCN – General Department of Vietnam Customs has instructed provincial Customs Department to implement the inspection for import license in customs dossier for the case of importing medicine, materials for producing medicine without carrying registration paper in Vietnam, except pharmaceuticals under process as stipulated at Point b, Clause 4, Article 92 of Decree 54/2017/ND-CP of the Government.

13/08/2019255 View

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