Amending the Law on Prices: Improving capacity of enterprises to practice price appraisal

Amending the Law on Prices: Improving capacity of enterprises to practice price appraisal

The amendment of regulations related to price appraisal activities in the draft Law on Prices will contribute to consolidating and improving the quality of appraisal activities
Vietnam’s valuation standard system to be improved

Vietnam’s valuation standard system to be improved

VCN - The Ministry of Finance has answered voters of the National Assembly Delegation of Binh Phuoc province after the first extraordinary meeting of the XV National Assembly on questions related to Vietnam’s valuation standard.
Foreign capital still "flooding" into Vietnam

Foreign capital still "flooding" into Vietnam's banks

VCN - In 2022, the most notable factor might be the deal in which VPBank sells 15% of the parent bank's shares, which is expected to take place in the first quarter of 2022.
Need for independent valuation agency to involve in equitisation of State-owned enterprises

Need for independent valuation agency to involve in equitisation of State-owned enterprises

According to Professor Le Duy Binh, asset valuation is one of the most important contents in the equitisation of State-owned enterprises (SOEs).
Ministry of Finance rectifies violations in valuation

Ministry of Finance rectifies violations in valuation

VCN –The Department of Price Management under the Ministry of Finance has issued a written request to enterprises to strictly comply with laws on technical aspects on valuations.
Conducting post clearance audit based on the application of risk management

Conducting post clearance audit based on the application of risk management

Customs authorities have proactively collected and analyzed information, reviewed (on the basis of applying risk management) key enterprises and areas; cases of suspecting HS code, valuation, C/O,…
Decree No. 59/2018 / ND-CP supplements regulations on customs value

Decree No. 59/2018 / ND-CP supplements regulations on customs value

VCN - Many issues related to Customs value of export goods; inspection and Customs valuation have been amended and supplemented in Decree 59/2018 / ND-CP.
Answer many questions about the dutiable value for European enterprises

Answer many questions about the dutiable value for European enterprises

VCN- Over the past time, Ho Chi Minh City (HCMC) Customs Department has answered many questions from the European business community about dutiable value.
Regulation on the establishment and operation of the Asset Valuation Council

Regulation on the establishment and operation of the Asset Valuation Council

VCN- The Government has issued Decree 30/2018 / ND-CP detailing the establishment and operation of Asset Valuation Council.
Removing obstacles related to the taxable value for export goods

Removing obstacles related to the taxable value for export goods

VCN - For enterprises and Customs units more favourable in the Customs declaration and Customs clearance, the General Department of Customs has actively removed many obstacles related to the taxable value for export goods.
Preventing capital loss in equitisation – Article 1: Pressure on equitisation progress and risk of capital loss

Preventing capital loss in equitisation – Article 1: Pressure on equitisation progress and risk of capital loss

VCN - Equitisation of state-owned enterprises (SOEs) is one of the important solutions to mobilize domestic and foreign resources for economic development.
Inadequacy in the enterprise valuation: Risk losing tens of trillion dong of the State capital

Inadequacy in the enterprise valuation: Risk losing tens of trillion dong of the State capital

VCN- SAV, it has shown that trillion dong of the State capital might be lost because the method of determining the enterprise value has been still inadequate.
Many issues on Customs valuation will be revised in Decree 08

Many issues on Customs valuation will be revised in Decree 08

VCN- Issues related to valuation methods; examination of Customs value during the Customs clearance process; or Customs valuation for statistical purposes will be included in the draft Decree amending and supplementing Government’s Decree 08/2015 / ND-CP,
Managers will take fully responsibility if they let enterprises “reduce” price

Managers will take fully responsibility if they let enterprises “reduce” price

In the situation where some new enterprises do mass imports at low price and then close down their business, it causes many difficulties for Customs management
Post clearance audit in terms of Customs valuation within 30 days

Post clearance audit in terms of Customs valuation within 30 days

The General Department of Customs has directed Provincial Customs Departments to conduct post clearance audit in Customs valuation
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