On 1 June 1, 2016, the Government issued Decree No. 50/2016/ND-CP stipulating the administrative penalties for violations of planning and investment sector (“Decree 50”). Decree 50 supplements more violated actions and their attached penalties than the current one. Generally: – A fine between VND1 – 80 million imposed on the... Read More

On 6 April 2016, Vietnam’s 13th National Assembly passed a new law on export and import duties – Law No. 107/2016/QH13 (the “New Law””) in the progress to accelerate integration into international economy. Notable guidance of the New Law includes: 1. New regulations on tariffs and cases entitled for duty... Read More