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Official Gazette

Wednesday, February 26, 2020
Tags: finance
VN to simplify customs checks VN to simplify customs checks
Vietnam plans to hasten the reform of customs checks to save time and costs for businesses and facilitate trade.
Govt to issue lists of preferential tariffs under EVFTA Gov’t to issue lists of preferential tariffs under EVFTA
The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.
PM orders measures to minimize nCoVs impact on economy PM orders measures to minimize nCoV’s impact on economy
Prime Minister Nguyen Xuan Phuc has urged ministries and localities to promptly implement measures to minimize the impact of the novel coronavirus (nCoV) on the economy.
Ministries demand more airports open to private investment Ministries demand more airports open to private investment
Five ministries have universally rejected a proposal by the transport ministry to restrict private investment in the country’s biggest airports and instead hand the job to a single company.
The Education Law The Education Law
Passed this June and effective from July next year, the Education Law provides a legal framework for improving the national education system to be open associated with building a learning society.
Imported scraps to be managed synchronously Imported scraps to be managed synchronously
Prime Minister Nguyen Xuan Phuc on December 19 issued Decision 35/2019/QD-TTg to promulgate the regulation on interdisciplinary coordination in the management of scrap import.
Supplementary health insurance packages proposed Supplementary health insurance packages proposed
Insured patients could purchase supplementary health insurance packages to cover more medical services than the basic package currently provided. It is highlighted in a draft law prepared by the Ministry of Health to replace the 2008 Law on Health Insurance.
Cross-border services under Law on Tax Administration: fairer for domestic businesses Cross-border services under Law on Tax Administration: fairer for domestic businesses
After 10 years of implementation of the Law on Tax Administration, many positive results have been achieved. However, in addition to these results, there remain difficulties and challenges in tax administration activities, including management of taxation of businesses providing cross-border services on the Internet.
The digital economy thrives in Vietnam The digital economy thrives in Vietnam
Developing the digital economy is considered by many countries an inevitable trend of Industrial Revolution 4.0 (also known as Industry 4.0). The Vietnamese Government has resolved to grasp this development trend while showing efforts to concentrate resources and create an environment for accelerated development of the digital economy.
MoF proposes fines for invoice violations MoF proposes fines for invoice violations
The Ministry of Finance has proposed fines of between VND 20 million and VND 50 million for the act of printing fraudulent invoices.

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