Other Briefings
Official Dispatch Issued Clarifying the Invoice Process
Official Dispatch No. 18036/BTC-TCT dated December 30th, 2011 issued by The Ministry of Finance guiding some contents in the process of implementing Decree 51/2010/NĐ-CP and Circular 153/2010/TT-BTC.
Circular Released Regulating Preferential Import/Export Tariff Under the Taxable Goods List
Circular 157/2011/TT-BTC dated November 14th, 2011 issued by The Ministry of Finance regulating preferential import, export tariff under the taxable goods list.
The export tariff under the taxable goods list is specified in Appendix I. Some export duty rates have been lowered, such as scrap and metal pieces, and processed white limestone.
Circular Issued on Preferential ASEAN Import Tariff
Circular No.161/2011/TT-BTC dated November 17, 2011 issued by The Ministry of Finance guiding preferential import tariff of Vietnam to implement the ASEAN Goods Trade Agreement in the period 2012-2014.
Vietnam Issues New Labor Outsourcing Regulations
The Vietnamese government recently issued Decree 55 which seeks to further clarify Article 54.3 of Vietnam’s 2012 Labor Code regarding the conditions for licensing labor outsourcing activities.
Vietnam Issues New VAT Regulations
The Ministry of Finance has issued Circular 65 which will amend certain articles of Circular 06 relating to value-added tax (VAT). It will seek to provide greater insight and guidance to various areas related to VAT that were once unclear, including updating key VAT rates.
Vietnam Issues New Decrees to Guide Labor Code
The Vietnamese government recently issued five new decrees which are to help guide its Labor Code.
New Vietnamese Circular May Threaten Local Business
New circular stipulates that FIEs that are licensed to export products may now only buy materials from Vietnamese businesses that either have the proper business certificates or are legally allowed to import products and distribute goods.
Vietnam Delays Debt Classification Rules
May 29 – In order to give banks across Vietnam a greater period of time with which to handle their debts, a major issue in the Vietnamese economy at the moment, Vietnam’s central bank has announced that it will delay rules on the classification of bad debt and the requirements for provisions to deal with […]
New TV Regulations Cause Loss of Foreign Channels
May 21 – Due to the enforcement of new restrictions on television in Vietnam, at least one Vietnamese TV station has responded by dropping worldwide news channels CNN and BBC. Foreign governments have already warned that various interpretations of the new restrictions could result in foreign media leaving the country altogether. Joint venture K+ Satellite […]
Vietnam Issues Regulatory Update Affecting Foreign Retail Enterprises
On April 22, 2013, the Vietnamese Ministry of Industry and Trade (MOIT) issued Circular No. 08/2013/TT-BCT (hereinafter referred to as “Circular 08”) regarding the activities of selling goods and related activities by foreign invested enterprises (FIEs) in Vietnam.
