Tiếng Việt
Because the rise in steel prices has harmed numerous public-sector projects, the Ministry of Finance has proposed increasing tariffs on steel exports while lowering tariffs on steel imports. The Ministry of Finance said in a draft decree amending Decree 57 on preferential import-export tariffs that the significant rise in local steel prices was primarily attributable…
25
Jul
Jul
On July 21, 2021, the Draft Decree modifying and supplementing several provisions of Decree No. 181/2013 / ND-CP dated April 14, 2013, regarding the cross-border supply of online advertising services in Vietnam was approved by the Government of Vietnam. This Decree 70 will go into force on September 15. After a series of days when…
15
Jul
Jul
On July 9, the General Department of Taxation announced that the budget revenue in the first 6 months of the year still increased by 14.3% compared to the same period last year. Specifically, the budget revenue in the first 6 months of 2021 reaches VND 656 trillion, equivalent to 58.8% of the estimated number. This…
28
Jun
Jun
The General Department of Taxation requires Tax Departments to propagate and disseminate information to taxpayers in their localities to hastily implement Decree No. 57/2021/ND-CP of the Government to remove difficulties for taxpayers in the current period. Recently, the General Department of Taxation issued Official Dispatch No. 6/CD-TCT on the implementation of Decree No. 57/2021/ND-CP of…
24
Jun
Jun
According to the new regulations, the rent of a house with a price of more than 8,333,334 VND/month is subject to tax and the owner must pay tax for the entire actual revenue. Recently, the Ministry of Finance has issued Circular 40/2021/TT-BTC guiding VAT and PIT for business households and individuals. After this circular was…
21
May
May
From the effective date of Circular No. 01/2021/TT-BKHDT (May 1, 2021), the forms in the enterprise registration application specified in the appendix issued together with Circular No. 01/2021/TT-BKHDT is hereby applied nationwide. According to Mr. Huynh Van Toan (HCMC), Decree No. 122/2020/ND-CP dated October 15, 2020, of the Government, stipulates the coordination of the procedures…
22
May
May
Enterprises are proposing that instead of requiring an electricity operating license to receive a tax refund, energy projects will be refunded VAT as soon as they have signed electricity sale contracts. The Energy Association has just sent a document calling for help to the Prime Minister about the fact that many businesses investing in the…
06
May
May
If enterprises do not follow the principle of late payment penalty, the enterprises will abuse the value-added tax refund (VAT) until being forced to re-pay. Recently, the Vietnam Association of Seafood Exporters and Producers (VASEP) reflected that enterprises exporting seafood products are entitled to VAT refund. However, after a while, because for some reason, the…
06
Feb
Feb
Improvements in investment and business policy and the participation in bilateral and multilateral free trade agreements have helped Vietnam become a potentially attractive destination for domestic and foreign investors, says lawyer Pham Duy Khuong, managing director of ASL LAW, who spoke about the recent movements and their influence with VIR’s Hoang Oanh. How do you…
30
Jan
Jan
Asia Business Law Journal has just announced the A-list Vietnam’s Top 100 Lawyers. Among the honored lawyers, Lawyer Pham Duy Khuong – Founder of ASL Law, is proud to be a representative of ASL Law in this ranking. “Vietnam’s A List 100 Top Lawyers” was voted and announced by the Asia Business Law Journal. This…
