Automated system for Customs management and supervision: Shipping lines need to fully and accurately declare information

VCN- Implementing the pilot automated system for Customs management and supervision for imported and exported goods, goods in transit at seaports and international civil airports, some shipping lines, shipping agents  and forwarders still declare insufficient information, affecting the Customs clearance.

Amendment of the Law on Export Tax, Import Tax: Amending the regulations on refund of tax payment

VCN- Recognizing the problems in the tax refund, and to facilitate the taxpayers, the Ministry of Finance has proposed to amend the provisions on tax refund in the draft Law

Discovering 2 container of padouk wood “under the cloak” of Honduran mahogany wood

VCN – Customs force discovered 2 containers of rare wood that were declared incorrectly name of the item in order to evade management authority. 

Electronic tax filing 24/7: What does the collecting bank say?

VCN- With the General Department of Customs opening a new tax channel

Customs focus on reforming and modernizing

 VCN- Implementing Resolution 01/NQ-CP dated January 1st, 2017 and Resolution 19/201/NQ-CP dated February 6th, 2017 of the Government, the General Department of Vietnam Customs concretized into key tasks to assign to units. In the first six months of 2017, the Customs has achieved remarkable results in the implementation of professional and specialized operations.

On-spot import and export goods are enjoyed preferential tax rates

VCN- This is the guidance of the General Department of Vietnam Customs to the Dak Lak Customs Department in applying tax rate for on-spot import and export goods.

Comments on provisions on change in use purpose of goods

VCN – Currently, provisions on the change in use purpose of goods for some cases are insufficient with the reality and need to be amended and finalized in a timely fashion to facilitate the implementation.

Vietnam Export Forum 2017 expects to attract 400 businesses

Strong businesses and organizations such as Amcham, AEON and TopValu have registered to take part in the Vietnam Export Forum 2017, which will place in Ho Chi Minh City on August 8th, according to the Investment & Trade Promotion Centre.

Unsatisfactory GDP leaves Vietnam in middle-income trap

The low GDP growth rate of 5 1 percent in the first quarter of the year the lowest rate in the last two years has made it more difficult to reach the 6 7 percent GDP growth rate target for 2017