Published on - May 15, 2012
In a recent interview, Vice Director of the Central Institute for Economic Management Nguyen Dinh Cung said that the role of the State has to conform to the requirements of the market, the corporate sector, plus other stakeholders. Continue readingPublished on - May 15, 2012
Vietnam’s government has made some important changes to the country’s tax regulations over the first four months of 2012, and has issued Circular 06, which took effect from March 1, providing a detailed guidance on some key changes to VAT rules. Continue readingPublished on - May 15, 2012
On April 10, 2012, the State Bank of Vietnam promulgated Circular 09/2012/TT-NHNN stipulating the payment methods for disbursing loans of credit institutions and foreign bank branches (hereafter collectively called “banks”) towards their customers. Continue readingPublished on - May 15, 2012
The Ministry of Finance approved a new regulation on March 13 – which will be effective from May 1, 2012 – to set new rules with regards to the audit of: Continue readingPublished on - April 18, 2012
Vietnam has officially increased its general minimum wage levels from VND830,000 per month to VND1.05 million per month effective from May 1, according to Decree No. 31/2012/ND-CP dated April 12, 2012. Continue readingPublished on - April 18, 2012
The Vietnamese Government issued Decree 05/2012/ND-CP to change and set up new rules concerning mortgages of land use rights and assets lying on land. Continue readingPublished on - March 21, 2012
Vietnam’s Ministry of Finance issued Circular No.157/2011/TT-BTC on November 14, 2011, stipulating the tax rates of export and import tariff preferences under the list of taxable items. The Decree takes effect from January 1, 2012. Continue readingPublished on - February 15, 2012
On January 19, 2012 the Prime Minister enacted Decision No. 04/2012/QĐ-TTg – granting a three-month extension for the payment of corporate income tax which small and medium enterprises, and enterprise using many laborers, must pay for the first and second quarters of 2011. Continue readingPublished on - December 20, 2011
The Ministry of Planning and Investment (MPI) of Vietnam has recently drafted a circular pertaining to an online registration initiative for start-up businesses that aim to streamline the establishment process. Continue readingPublished on - December 20, 2011
On November 23, the Vietnamese Government issued Decision No. 2093/QD-TTg to reduce businesses’ land use rental costs for 2011 and 2012. A 50 percent reduction in rentals for leased land will be enjoyed by firms conducting manufacturing businesses. Continue reading
