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Official Gazette

Wednesday, December 13, 2017
Tags: customs valuation
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.
Import of goods for trading in Vietnam: procedures for foreign and Vietnam-based merchants Import of goods for trading in Vietnam: procedures for foreign and Vietnam-based merchants
Enterprises established in accordance with the Vietnamese law have the right to import and export goods regardless of their registered business lines, except goods on the list of goods banned from import or suspended from import.
Circular No. 19/2014/TT-BTC of February 11 2014 Circular No. 19/2014/TT-BTC of February 11, 2014
Decision No. 72/2013/QD-TTg of November 26 2013 Decision No. 72/2013/QD-TTg of November 26, 2013
Tax authorities step up transfer pricing probes Tax authorities step up transfer pricing probes
The tax sector was expected to inspect this year some 870 foreign-invested enterprises which had either showed signs of transfer pricing or continued to expand despite constant losses for years, said a senior tax official, estimating some VND 5 trillion (nearly USD 250 million) in taxes would be collected from this inspection.
Adjusting tax policies to realize WTO commitments Adjusting tax policies to realize WTO commitments
After nearly two years of full accession to the World Trade Organization (WTO), Vietnam’s tax policy and law systems have seen important changes, both meeting the management requirements of socialist-oriented market institutions and realizing the country’s commitments under the WTO Accession Agreement and bilateral agreements with member states.
CIRCULAR No. 40/2008/TT-BTC: Customs valuation of dutiable imports exports further guided CIRCULAR No. 40/2008/TT-BTC: Customs valuation of dutiable imports, exports further guided
Taking out the guesswork: Making administrative procedures consistent and predictable Taking out the guesswork: Making administrative procedures consistent and predictable
With Vietnam’s accession to the WTO, its rules have become binding on Vietnamese individuals and organizations, save exceptions and reservations which Vietnam is allowed to enjoy in the capacity as a developing country with a transitional economy.
Meeting our commitments to WTO Meeting our commitments to WTO
The General Council of the World Trade Organization (WTO) approved Vietnam on November 7, 2006, as its 150th member. On November 29, 2006, at the 10th session, the XIth National Assembly ratified the Protocol on Accession of Vietnam to the Agreement establishing the WTO by a ratification resolution with 90.24% of the vote in favor. Accordingly, Viet Nam will become a fully-fledged WTO member 30 days after it has informed the WTO of its ratification.
Reforming Vietnamese tax policy through 2010 Reforming Vietnamese tax policy through 2010
In the process of economic development and integration into the world economy, tax reform is necessary and indispensable to the Vietnamese economy. From the late 1980s to the early 2000s, Vietnam had experienced two phases of tax reform. Now it is carrying out the third phase of tax reform. In this article the author introduces the country’s program of reforming the tax policy and system to the year 2010.

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