Commentary

- 12 / 11 / 2018 -
Amending the regulation on restructuring of the bank repayment term
On October 24th, 2018, The State Bank issued Circular No. 25/2018/TT-NHNN to amend and supplement a number of articles of Circular No. 10/2015/TT-NHNN dated July 22nd, 2015 guiding the implementation of Decree No. 55/2015/ND-CP dated June 09th, 2015 of the Government on credit policies for agricultural and rural development. Circular No. 25/2018/TT-NHNN stipulated that customers […]
- 12 / 11 / 2018 -
New regulations on the use of budgets for the prevention and settlement of international investment dispute
On September 13th 2018, the Ministry of Finance issued Circular No. 85/2018/BTC on guiding to make estimation, management, usage and settlement of state budget in service of prevention and settlement of international investment dispute. This Circular stipulated the principles for estimation, management, usage and settlement of budget as follow: The expenses from the performance of […]
- 12 / 11 / 2018 -
Regulation on methods of inspection and verification to origin of Export – Import goods
On 30/10/2018, the Ministry of Finance issued Circular No. 39/TT-BCT regulating on inspection and verification to the origin of Export-Import goods. This Circular takes effect on December 14, Accordingly, Circular No. 39/2018/TT-BCT, stipulates two methods of verification of origin of goods, specifically: 1. To examine the dossiers and vouchers related to the certificate’s origin of […]
- 12 / 11 / 2018 -
To announce the list of discarded temporary import, re-export and border-gate discarded materials
On 06/11/2018, the Ministry of Industry and Commerce issued Circular No. 41/2018/TT-BCT specifying the list of discarded temporary discontinued business, re-export, transfer. This Circular shall be effective from December 20, 2018, to December 31, 2019. Accordingly, the list of discarded temporary import, re-export and transshipment goods issued together with this Circular includes some commodity codes […]
- 12 / 11 / 2018 -
Continued application of safeguard measures for billets of steel and imported long steel
On 30/10/2018, the Ministry of Industry and Commerce issued Decision No. 4086/QD-BCT on the results of the mid-term review of the application of safeguard measures against billets of steel and imported long steel. This Decision takes effect from the date of its promulgation. Accordingly, safeguard measures will be maintained for billets of steel and imported […]
- 12 / 11 / 2018 -
Certificate of origin under the preferential tariff regime of the European Union, Norway, Switzerland, and Turkey
On 30/10/2018, the Ministry of Industry and Commerce issued Circular No. 38/2018/TT-BCT regulating the implementation of the certificate of origin under the preferential tariff regime of the European Union, Norway, Switzerland, and Turkey. This Circular takes effect on December 14, 2018. Accordingly, Circular 38/2018/TT-BCT provides for the procedures for certifying the origin of goods for […]
- 04 / 11 / 2018 -
Regulations on electronic invoices when selling goods or providing services
On September 12, 2018the Government issued Decree No. 119/2018/ND-CP regulating electronic invoices when selling goods or providing services. This Decree takes effect on November 1, 2018. Accordingly, Decree No. 119/2018/ND-CP contains the following new remarkable items: 1. Enterprises, economic organizations and other organizations use electronic invoices with codes of tax offices when selling goods or […]
- 04 / 11 / 2018 -
To revoke the regulations on the grant of automatic import licenses for motorcycles of a cylinder capacity of 175 cm3 or more
On 19/09/2018, the Ministry of Industry and Commerce issued Circular No. 27/2018/TT-BCT abolished the regulation on licensing automatic import of motorcycles with a cylinder capacity of 175 cm3 or more. This Circular takes effect on November 5, 2018. Accordingly, Circular No. 27/2018/TT-BCT stipulates that motorbike importers who import motorbikes of 175 cm3 or more are […]