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Official Gazette

Sunday, October 22, 2017
Tags: business
New Railway Law New Railway Law
Coming into force from July next year, the 2017 Railway Law, passed by the National Assembly in June, prescribes railway infrastructure planning, investment, construction, protection, management, maintenance and development. It also stipulates railway industry and railway business.
Party Central Committee wraps up sixth plenum Party Central Committee wraps up sixth plenum
The 12th Party Central Committee wrapped up its sixth plenum in Hanoi on October 11 after seven working days in a serious, democratic and responsible manner.
Government asks to cut one third of business conditions Government asks to cut one third of business conditions
The Government has requested ministries and agencies to further review and remove at least one third or half of existing business conditions in the fields under their management as well as administrative procedures that are hindering businesses’ investment.
Amending policies and laws to speed up land accumulation Amending policies and laws to speed up land accumulation
Land accumulation and consolidation aim at increasing agricultural production efficiency through expansion of production scope, sci-tech application and formation of specialized farming zones to develop a market-driven hi-tech agriculture.
Social network management in the coming time Social network management in the coming time
The current number of social network users in Vietnam is estimated at about 35 million, accounting for 37 percent of the entire population, with the average daily time they spend on social networks reaching two hours and 18 minutes. Besides their positive aspects, social networks pose not a few challenges directly affecting the social environment and community interests, even national security. Therefore, seeking appropriate solutions to managing social networks in the new situation which conform with international practices and suit the particular conditions of Vietnam, thus turning challenges into opportunities, is one of the top priorities of the country today.
MoIT slashes 675 business and investment conditions MoIT slashes 675 business and investment conditions
The Ministry of Industry and Trade (MoIT) on September 20 decided to remove 675 out of 1,216 business and investment conditions under its management during 2017-18.
Liquor trading conditions to be stiffened Liquor trading conditions to be stiffened
Liquor products for sale at home and imported liquors will be required to have stamps and labels on their packages, except for manually produced liquor products sold to enterprises with industrial liquor production licenses for further processing.
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.
More unnecessary business conditions to be removed More unnecessary business conditions to be removed
The Ministry of Industry and Trade plans to remove 464 to 612 conditions for establishing businesses and conducting business activities, according to Minister Tran Tuan Anh.
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.

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