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TEMPORARILY IMPORT FOR RE-EXPORT FROZEN FOODS MUST PAY A DEPOSIT OF VND 10 BILLION

This is the content prescribed at the Decree No. 77/2016/ND-CP dated July 01, 2016 on amending and supplementing a number of provisions on investment and business conditions in the fields of international goods trading, chemicals, industrial explosives, fertilizers, gas trading, and food trading under the state management of

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TO BAN SOME HS CODES OF ASBESTOS

On September 09, 2016, the Ministry of Construction issued the Circular No. 25/2016/TT-BXD promulgating the list and HS codes of asbestos in amphibole group banned from import.

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APPLYING SPECIAL EXCISE DUTY TO BEER PRODUCTS BASED ON ALCOHOL CONTENT

Based on viewpoints of developing beer – alcohol – beverage industry by balancing the production and consumption between regions nationwide in order to prevent overusing alcoholic beverages, the Minister of Industry and Trade signed the Decision No. 3690/QD-BCT dated September 12, 2016 of the Ministry of Industry and

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POLICIES ON PROTECTION AND DEVELOPMENT OF COASTAL FORESTS

On August 23, 2016, the Government issued the Decree No. 119/2016/ND-CP on policies on sustainable management, protection and development of coastal forests to cope with climate change. This Decree takes effect on October 10, 2016.

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GUIDELINES ON LATE PAYMENT INTEREST FOR TAX DEBTS

On August 12, 2016, the Ministry of Finance promulgated the Circular No. 130/2016/TT-BTC guiding the   Government Decree No. 100/2016/ND-CP on the implementation of the Law on amendments to certain articles of the Law on value added tax, the Law on special excise tax and the Law on tax administration and to

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PRINCIPLES OF MANAGING AND USING FEES AND CHARGES

On August 23, 2016, the Government promulgates the Decree No. 120/2016/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Fees and Charges.

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