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Official Gazette

Wednesday, November 22, 2017
Ministry proposes five criteria to assess state-owned credit institutions Ministry proposes five criteria to assess state-owned credit institutions
Wholly state-owned credit institutions and those in which the State holds over 50 percent of charter capital would be subject to assessment, according to a draft circular recently revealed by the Ministry of Finance.
Procedures for customs valuation to be further simplified Procedures for customs valuation to be further simplified
The General Department of Customs is working out a draft decree to revise Decree 08 issued in 2015, which focuses on simplification of procedures for customs valuation to create more favorable conditions for priority enterprises in the customs sector.
Draft circular to facilitate e-transactions in the securities market Draft circular to facilitate e-transactions in the securities market
The Ministry of Finance is gathering comments on a draft circular guiding e-transactions in the securities market which sets out principles and procedures for carrying out such transactions in a smooth and safe manner.
Draft sets forth incentive policies for startups Draft sets forth incentive policies for startups
The Ministry of Planning and Investment has recently revealed a draft decree detailing creative startup investment, which is expected to create a legal framework and provide incentive policies for attracting more investment in this field.
Many charges fees to be rebated Many charges, fees to be rebated
The Ministry of Finance recently released a number of draft circulars, proposing rebate of many charges and fees payable by businesses and sent them to ministries, ministerial-agencies, Vietnam Chamber of Commerce and Industry, Vietnam Association of Seafood Exporters and Producers, and provincial-level People’s Committees for opinions.
Draft law to deal with banks under special control Draft law to deal with banks under special control
The State Bank of Vietnam is gathering comments on a draft law revising the 2010 Law on Credit Institutions, which includes many provisions on special control.
Imported used car duty to be doubled Imported used car duty to be doubled
Traders would have to pay an extra USD 5,000 of import duty to bring a used car with nine seats or less into Vietnam, if a draft decree recently proposed by the Ministry of Finance is approved.
Tax offices would supervise casino business: drafters Tax offices would supervise casino business: drafters
Tax offices would directly supervise operations of casinos in localities, proposed the Ministry of Finance in a draft circular guiding the management and supervision of tax collection for casino business activities under Government Decree 03 issued in January.
Public property might be used to pay for BT projects Public property might be used to pay for BT projects
The Ministry of Finance recently revealed a draft decree allowing the use of public property to make payment to investors that implement construction investment projects in the form of build-transfer.
Exclusive incentives proposed for special economic zones Exclusive incentives proposed for special economic zones
The Ministry of Planning and Investment has submitted to the Government a draft law on special administrative-economic units, proposing a series of land and tax incentives to attract more investment for three special economic zones in Quang Ninh, Khanh Hoa and Kien Giang provinces.

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