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Official Gazette

Thursday, May 24, 2018
Tags: finance
Law on Public Debt Management Law on Public Debt Management
Coming into force from July this year, the 2017 Law on Public Debt Management (the Law) is expected to improve and tighten the management of public debts.
Ministry proposes merger of provincial departments Ministry proposes merger of provincial departments
Many provincial departments could be consolidated or merged in keeping with the Government’s determination to streamline the administrative apparatus, according to a draft decree unveiled this month by the Ministry of Home Affairs (MOHA).
New law expected to boost development of SMEs New law expected to boost development of SMEs
The Law on Small- and Medium-Sized Enterprises was passed by the National Assembly last year in a hope to facilitate the formulation of comprehensive support policies and programs for these subjects. This article highlights novel points of the Law.
Party sets industrial development goals for 2030 Party sets industrial development goals for 2030
By 2030, Vietnam will accomplish its industrialization and modernization, basically becoming a modernity-oriented industrialized country among the top three ASEAN countries in industry, with some of its industries being globally competitive and deeply participating in the global value chain.
Cryptocurrencies to be strictly managed Cryptocurrencies to be strictly managed
To minimize risks of using cryptocurrencies for crimes, such as money laundering, terrorist financing, illegal transfer of money, tax evasion and trade fraud, the Prime Minister on April 11 issued Directive 10/CT-TTg to enhance the management of activities related to Bitcoin and other cryptocurrencies.
The oversight system in the feudal period of Vietnam The oversight system in the feudal period of Vietnam
In order to guarantee the king’s unified power, Vietnamese feudal regimes created and operated consistently a state power-overseeing mechanism with two systems: intra-state and extra-state. This writing only dwells on the system overseeing the operation of the state management apparatus from inside.
MOF proposes freezing tax arrears for difficulty-hit taxpayers MOF proposes freezing tax arrears for difficulty-hit taxpayers
The Ministry of Finance (MOF) is working on a draft resolution on handling tax arrears and irrecoverable fines for submission to the National Assembly.
New rules on guarantees for housing projects New rules on guarantees for housing projects
On September 29, 2017, the State Bank of Vietnam enacted Circular 13/2017/TT-NHNN (effective as of November 15, 2017) amending a number of articles of Circular 07/2015/TT-NHNN on bank guarantees (Circular 07). The main changes brought about by the new text relate to guarantees for housing projects and are embedded in Article 12 of Circular 07.
Two options on revision of personal income tax proposed Two options on revision of personal income tax proposed
The Ministry of Finance (MOF) has recently made two options on revision of the Personal Income Tax (PIT) Law.
New corporate income tax law aims to halt tax evasion New corporate income tax law aims to halt tax evasion
In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.

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