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regulation

Amendment to tax regulation on foreign suppliers proposed

Amendment to tax regulation on foreign suppliers proposed

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.
ECs proposal to delay EUDR implementation by one year give more time for preparation

EC’s proposal to delay EUDR implementation by one year give more time for preparation

The European Commission has proposed to postpone implementation of the EU Deforestation Regulation (EUDR) by on year, allowing Vietnamese companies to be fully prepared in their due diligence obligations, according to the Việt Nam Trade Office in the EU.
Enterprises rush to plan plantation areas as EUDR takes effect

Enterprises rush to plan plantation areas as EUDR takes effect

The EUDR mandates that products placed on or exported from the EU market must be traceable, deforestation-free and produced legally.
Proposal to enhance regulation of market manipulation in stocks

Proposal to enhance regulation of market manipulation in stocks

The MoF emphasised the importance of amending and supplementing regulations on market manipulation in Decree 156 to align with current market realities.
Capital increase regulation proposed to ensure safety for credit institutions

Capital increase regulation proposed to ensure safety for credit institutions

The State Bank draft circular, which has been released for public comments, supplements regulations on conditions for increasing capital at subsidiaries and affiliated companies of credit institutions.
General Department of Taxation reviews draft regulations on loan interest expense cap

General Department of Taxation reviews draft regulations on loan interest expense cap

The GDT said that it has coordinated with six local tax departments to organise a conference to review a draft decree that amends and supplements Decree 132/2020/NĐ-CP on tax management for enterprises with associated transactions.
Coffee industry urged to get ready for EUs deforestation regulation

Coffee industry urged to get ready for EU’s deforestation regulation

As a major coffee exporter to the EU, Việt Nam should get prepared for the deforestation law to maintain and expand coffee export to the block, raising the pressing need for digitalization of the value chain.
Ministry of Industry and Trade seals MoU with Chinese State Administration for Market Regulation

Ministry of Industry and Trade seals MoU with Chinese State Administration for Market Regulation

The MoU is expected to establish a comprehensive cooperation framework between the two sides in compliance with relevant national laws, rules, regulations, and policies in their respective countries and to form and develop their collaboration in market management.
EUs new regulation on deforestation-linked products head-scratcher for Vietnamese producers

EU's new regulation on deforestation-linked products head-scratcher for Vietnamese producers

EUDR would take effect around December 2024 and January 2025. Microenterprises and small enterprises would have an additional six months to comply with the regulation''s requirements.
EU relaxes food safety regulation for Vietnamese instant noodles

EU relaxes food safety regulation for Vietnamese instant noodles

The EU has officially moved Viet Nam’s instant noodles from Annex II which requires a Health Certificate (HC) and 20 per cent control at the border gate to Annex 1 which only requires 20 per cent control of the products...
Investors to be able to trade stocks on T2 settlement cycle

Investors to be able to trade stocks on T+2 settlement cycle

According to the new draft, securities will be transferred to investors'' accounts within the trading hours of T+2.
Regional minimum wage to increase starting in July

Regional minimum wage to increase starting in July

A new decree raising the regional minimum wage for labourers was approved on Sunday by Deputy Prime Minister Pham Binh Minh.
Foreign ownership regulation hinders banks from finding strategic shareholders

Foreign ownership regulation hinders banks from finding strategic shareholders

Many banks expect the participation of foreign strategic shareholders will help them increase capital and improve governance capacity and competitiveness, but the current regulations on foreign ownership ratio are making it difficult, according to experts.
Businesses, policymakers discuss taxation and customs rules

Businesses, policymakers discuss taxation and customs rules

Business leaders and policymakers reviewed the latest administrative and regulatory changes in taxation and customs during a meeting on Tuesday in Ha Noi. 
VN enters third wave of business reforms

VN enters third wave of business reforms

Viet Nam was entering the third wave of reform, with the goal of slashing at least 20 per cent of business regulations in the next five years, a top official has said.