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Gov't mulls over corporate income reduction

The Government is considering to lower corporate income tax from 25% down to 23%, according to the draft law on amending and supplementing the Law on Corporate Income Tax.

 

Draft law to cut corporate tax rate to 23%

Corporate income tax rates will fall from 25 per cent to 23 per cent in 2014, under a draft revision to the Law on Corporate Income Taxation issued yesterday, Dec 12, by the Ministry of Fina [ … ]

   

Restrictive draft decree offers little opportunity for cross-border vehicle travel

Foreign tourists can bring their autos and motorbikes to Vietnam as a means of transport, according to a Ministry of Transport draft decree.

   

Securities market and insurance enterprises to be restructured

Prime Minister Nguyen Tan Dung signed the Decision 1826/QD-TTg approving the Project on restructuring the securities market and insurance enterprises.

   

New guide on invoice printing by enterprises

The Ministry of Finance has recently disclosed a draft circular to guide Decree No. 51/2010/ND-CP on goods sale and service provision invoices.

   

Tax on jet-plane fuel cut from 12 to 7 per cent

The import tax of jet fuel has been slashed from 12 to 7 per cent as of yesterday, the Ministry of Finance has announced.

   

Draft decree would limit labour subcontracting

While the subcontracting of labour was authorised in the 2012 revision of the Labour Code, the new code does not specify further conditions or procedures. A draft decree setting forth condit [ … ]

   

Vietnam ratifies ASEAN Customs Agreement

The Government has issued Resolution No.78 on ratifying the ASEAN Agreement of Customs signed in Cambodia on March 30, 2012.

   

Ministry to cut fees for second hand cars

The Ministry of Finance plans to lower ownership registration fees for second-hand automobiles, said finance minister Vuong Dinh Hue.

   

Regulations on foreign trade representative offices

Fee for a license on the establishment of a representative office of a foreign trade promotion organization will be VND 3 million (US$150), according to a new regulation of the Ministry [ … ]

   

Higher fees set for visa applications

Fees for visa and temporary residence card applications will be increased by 15-35 USD, effective in January.

   

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