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Official Gazette

Tuesday, January 23, 2018
Tags: zero percent
Ten new decrees guiding FTA tariff cuts Ten new decrees guiding FTA tariff cuts
The Ministry of Finance on January 5 announced 10 draft decrees that will guide implementation of several free trade agreements, drawing a roadmap to zero percent import tariffs for many goods.
Excise tax exemption proposed for locally made automobile parts Excise tax exemption proposed for locally made automobile parts
The Ministry of Industry and Trade has proposed non-imposition of excise tax on locally made auto parts in order to bring the prices of cars, especially assembled ones, more accessible to customers.
Official Gazette issues Nos 7-9 January 2017 released on April 17 2017 Official Gazette issues Nos 7-9 January 2017, released on April 17, 2017
AEC 2025: Fresh opportunities and challenges for Vietnam AEC 2025: Fresh opportunities and challenges for Vietnam
Over the past twenty-one years, Vietnam has actively and proactively participated in the ASEAN economic integration and, together with other ASEAN member countries, in laying down important foundations for the ASEAN Economic Community (AEC) to be officially founded on December 31, 2015.
Vietnam amends tax laws in tune with trade pactsnbsp; Vietnam amends tax laws in tune with trade pacts 
To create more favorable conditions for taxpayers and enhancing the tax administration, the XIIIth National Assembly on April 6 passed the Law Amending and Supplementing a Number of Articles of the Law on Value-Added Tax, the Law on Excise Tax and the Law on Tax Administration at its 11th session. Below are some prominent amendments which will take effect on July 1.
Temporary safeguard decided to protect local steel manufacturers Temporary safeguard decided to protect local steel manufacturers
With a view to protecting the local steel industry, the Ministry of Industry and Trade on March 7 issued Decision No. 862/QD-BTC, announcing additional tariffs on imported steel products as a temporary safeguard against inexpensive imported steel products.
Finance sector gets ready for international economic integration Finance sector gets ready for international economic integration
International economic integration plays a crucial role in accelerating economic development and enhancing the political position of Vietnam in the world. The finance sector’s integration and cooperation activities have actively contributed to promoting international economic integration and national economic reform through boosting international trade as well as regional and sectoral restructuring. In 2015, along with further scrutinizing, revising and issuing tariffs for implementing the free trade agreements (FTAs) currently in force, the finance sector took the initiative in devising plans for negotiation and conclusion of several FTAs, including the TPP agreement, the EU-Vietnam bilateral FTA, the Vietnam-RoK FTA and the Vietnam-Eurasian Economic Union FTA.
Policy digest November 2015 Policy digest November 2015
 Under the Law on Charges and Fees passed by the National Assembly on November 25 and scheduled to be effective as from January 1, 2017, 17 public service charges, including irrigation charge, road use toll, port and station charges, vehicle inspection charge, securities operation charge, etc., which the State does not need to strictly manage will be shift to the state-regulated pricing mechanism. 
Compulsory reserve to be reduced for credit institutions Compulsory reserve to be reduced for credit institutions
The State Bank Governor may consider and decide to reduce the compulsory-reserve rate to zero percent for credit institutions placed under special control.
Vietnam EU officially conclude FTA negotiations Vietnam, EU officially conclude FTA negotiations
Prime Minister Nguyen Tan Dung and President of the European Commission (EC) Jean-Claude Juncker on December 2 witnessed the signing ceremony of the official statement on the conclusion of the negotiations on the EU-Vietnam Free Trade Agreement (EVFTA).

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