Want to be in the loop?
subscribe to
our notification
Business News
TAX AND CUSTOMS MONITORING EXPANDED TO 13 PROVINCES AND CITIES IN 2016
Mr Nguyen Thien Nhan, Chairman of the Central Committee of the Vietnam Fatherland Front, said that tax and customs sectors have made progress in administrative reform, but stronger reforms are needed to overcome shortcomings in 2016. In 2016, 13 provinces and cities will assess business satisfaction to draw experience for financial and customs services, thus laying a stepping stone to draw an overview and reward well performing units - a step to bring Vietnam to the group of fours in ASEAN in administrative procedure reform, particularly in the tax and customs fields.
The monitoring programme has promoted active roles of VFF members, empowered companies, and created useful channels to bridge State agencies and businesses. In 2015, VCCI collaborated with its members to conduct a sociological survey into business associations and cooperative allies in order to collect opinions of the business community and cooperatives on the implementation of Resolution 19/NQ-CP, and received feedback from 153 associations, 27 cooperative associations and 59 out of 63 provinces and cities.
Besides, it organised a practical monitoring programme in six provinces and cities, including Hanoi, Lao Cai, Da Nang, Quang Nam, Ho Chi Minh City and An Giang to work with six tax and customs departments, conducted surveys with 14 companies, and organised three online dialogues with over 100 representatives from associations, cooperatives and businesses. From monitoring results, the VFF Standing Committee and VCCI coordinated with their members to make reports on monitoring results and offer recommendations for the business community.
In 2016, the monitoring programme will focus on reflecting administrative reforms in tax and customs by collecting reviews of businesses, cooperatives, business associations and cooperative alliances; and collect recommendations and difficulties that businesses and cooperatives have in complying with State regulations in tax and customs. Accordingly, these agencies continue to supervise administrative reform relating to simplification and facilitation of administrative procedures in order to reduce compliance time and cost for businesses; review and assess legal provisions and administrative procedures concerning tax and customs, like the implementation of electronic tax and customs declaration procedures.
Deputy Finance Minister Vu Thi Mai said that the coordinated monitoring programme in tax and customs fields is an important content for the Ministry of Finance. Monitoring results will be the most accurate and important measure and assessment on reforms that the Ministry of Finance has achieved in recent years, reflecting shortcomings and limitations to be addressed in the near future.
Accordingly, in 2016, the monitoring programme will be deployed in 13 provinces and cities from July to October 2016, including Hanoi, Hai Phong, Ho Chi Minh City, Binh Duong, Ba Ria - Vung Tau, Dong Nai, Vinh Phuc, Quang Ngai, Quang Ninh, Khanh Hoa, Da Nang, Can Tho and Bac Ninh. Central authorities will implement the process in Hanoi, Hai Phong and Ho Chi Minh City, while local authorities will conduct it in 10 other provinces and cities.
Source: VCCI
Related News
VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19
The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).
HCMC CREDIT UP 1.5% IN Q1
Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.
HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND
The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.
EMPLOYEES’ AVERAGE INCOME INCREASES
Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.
HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL
Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.
VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH
Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.
























