Category: Law Documents

It is expected to be a satellite city in the East of Ho Chi Minh City, however, the plan to urban type II, by 2020, Nhon Trach district (Dong Nai) are in danger of bankruptcy because many criteria such as : investment in transport infrastructure, population … difficult to achieve.

Nhon Trach has 9 industrial zones attracting many investors, but the services are very limited. The central area of ​​the district has formed many residential areas and has basically completed the infrastructure but not attracted people to live away from schools, markets, hospitals … Besides, the land price is high It makes it difficult for middle-income people to buy and live.

Dong Nai province has asked Nhon Trach district to re-evaluate each of its criteria for lack of priority to invest in necessary projects in order to avoid wastage. The first goal of the province is to improve the lives of the people of Nhon Trach rather than pursuing achievement in all ways to achieve urban type II.

http://vietnamnet.vn/vn/bat-dong-san/thi-truong/nhon-trach-kho-len-thanh-pho-vi-thieu-nguoi-o-468823.html

In the fiscal year there will be many business compliance procedures that businesses must implement. Each unit must prepare and submit all forms of reporting and related procedures within a specified period to avoid penalties from state agencies. Procedures related to foreign representative offices include:

1. Tax and accounting procedures

Required work

• Compile PIT finalization documents for the office
• To compile PIT finalization dossiers for individuals who have many income sources or earn incomes from foreign countries

Things to note

• Complete the cash book and petty cash along with the voucher voucher to serve the tax examination
• Revise your tax returns and receipts
• Revise balance – tax status with tax authorities

2. Annual activity report Prepare and submit a report on the operation of the office in the year to the local office.

3. Wage labor procedures

Required work

• Signed labor contract, annex of labor contract for salary and new income for each employee in the country.
• Provide letter of appointment, letter confirming annual income for foreign workers.
• Carrying out procedures to adjust the level of claim and payment of insurance.
• Register and revise the system of wage scales, labor regulations, labor agreements … to update the new welfare regulations and policies applied at the beginning of the year.

Things to note

• Complete information on employee management books with updated content such as number of days off, overtime, discipline, salary increase.
• Make procedures to certify income, issue PIT withholding certificates to seasonal workers, employees earning directly from abroad.
• Determining the list of personnel subject to personal income tax finalization directly with tax authorities.

Vietnam is Cambodia’s third largest trading partner among more than 140 countries and territories that have trade relations with the country. On July 31st, the Government issued Resolution 100 / NQ-CP approving the agreement between Vietnam and Cambodia on avoiding double taxation and preventing tax evasion of taxes on income. The Finance Ministry is tasked to assume the prime responsibility for, and coordinate with concerned ministries and agencies in, Vietnam and Cambodia in organizing the implementation of this Agreement. The Ministry of Foreign Affairs shall complete diplomatic procedures according to regulations and notify the concerned agencies of the date of entry into force of the treaties.

In 2017, Vietnam-Cambodia bilateral trade turnover reached $ 3.8 billion , up 29% over 2016, of which Vietnam’s export turnover reached $ 2.8 billion, up 26%, and metal Import turnover reached $ 1 billion, up 40%. The two governments pledged to try to bring both countries’ trade turnover up to $ 5 billion in the shortest possible time. On investment by Vietnam to Cambodia, by the end of 2017, Vietnam has 196 investment projects with a total registered capital of about $ 2.94 billion, in the top five countries with foreign direct investment in Cambodia.

GDP in 2018 can reach 6.71%, export growth of the whole year is expected at 12.11%, trade surplus of $ 1.2 billion, average inflation in 2018 reached 3.39%. Growth in the first 6 months of the year was positive, at 7.08%. This has reduced the operating pressure in the second half of 2018 to reach the full year target. “Vietnam’s economy is still in a period of expansion in the cycle of growth. Real GDP is still higher than the trend, growth is not signs of overheating,” the information was presented at the seminar on business. Macroeconomics organized by Central Institute for Economic Management (CIEM) and Aus4Reform held today 20/7.

According to CIEM, the first half of 2018 has passed with no less bright spots. Specifically, the economic growth has been maintained, coupled with changes in the business environment, confidence of domestic enterprises and FDI enterprises are strengthened. At the same time, growth is not based on monetary expansion. Balance of trade continued to surplus. Growth has not been driven by cyclical inflationary pressures, due to the limited impact of monetary and fiscal expansion. Compared with the previous crisis, CIEM said that Vietnam has experienced more and more calm in response to global developments. However, some concerns such as the level of change in the quality of growth is not clear, the inflationary pressure, the ability to sustain the momentum of macroeconomic reform … is still a big question, according to CIEM. By the end of the year, based on computational models, CIEM has made some projections for the 2018 macro-indicator. Specifically, economic growth in 2018 may reach 6.71%. Annual export growth is forecast at 12.11%. The trade surplus is forecast at $ 1.2 billion. The average inflation in 2018 is 3.93%. In addition, macroeconomic developments in the second half of the year may be influenced by a number of factors.

First, US-China trade volatility is unpredictable, as the United States and China may or may not reach an agreement to reduce bilateral trade imbalances before US elections. However, CIEM also noted that the United States has also increased its trade tension with a number of allies, such as the EU and Canada.

Second, geopolitical disputes still exist in many areas, especially in Asia-Pacific.

Third, the interest rate hike in the US may be more volatile, as trade woes may affect US inflation.

Fourthly, the completion of procedures for the ratification of free trade agreements may have some positive effects on foreign direct investment flows into Vietnam.

To that extent, CIEM argues that Vietnam’s macroeconomic performance depends significantly on how it promotes growth, regulates prices, improves the business environment, and treats tissue obstruction. growth pattern. About a week ago, the Institute for Economic and Policy Research (VEPR) also made forecasts for Vietnam GDP in 2018. According to VEPR calculations, GDP in 2018 is 6.8% more than the latest forecast in late April 1818. A number of international organizations have also updated their forecasts for Vietnam’s economic growth in 2018, including 7.1% for ADB, 6.6% for IMF, 6.3% for the World Bank.

http://cafef.vn/6-thang-cuoi-nam-2018-kinh-te-viet-nam-doi-dien-nhung-tac-dong-gi-20180720112051752.chn

In the latest version of the amended Tax Administration Law, the Ministry of Finance has dropped the tax authorities’ right to investigate taxes and prosecute tax violations.

In the previous drafts, the Ministry of Finance proposed to add the tax investigation policy into the draft Tax Control Law (amended) in the direction of supplementing the regulations on the competence of tax authorities and tax officials in carrying out The measures to prevent, prevent and prevent tax law violations, tax evasion.

Specifically, when detecting acts of tax law violation up to the level that must be examined for penal liability, the tax offices and / or tax officials shall have the power to institute the cases, initiate criminal proceedings against the accused, carry out the activities Investigate according to the provisions of the criminal procedure law and the law on organization of criminal investigation.

This proposal has met with the backlash of many ministries, organizations and businesses. Many comments shared with PV.NetNet does not agree with the above content and concerns about the risk of abuse of rights of tax officials (see more here). With the latest draft of the Law on Tax Administration, the Ministry of Finance removed taxpayers’ right to investigate taxes.

Instead, Article 109 of this draft provides: In the case of tax examination and tax inspection which detect acts of tax evasion with signs of crime, within ten working days from the date of discovery, Tax administrators shall transfer dossiers to competent bodies for investigation according to the provisions of criminal procedure legislation. Tax administration agencies shall coordinate with investigating bodies in conducting tax investigation in accordance with the provisions of law.

http://vietnamnet.vn/vn/kinh-doanh/tai-chinh/can-bo-thue-duoc-khoi-to-nhu-cong-an-bo-tai-chinh-ra-quyet-dinh-cuoi-467365.html

Nha Trang has the ideal conditions for tourism development, but the supply of hotel apartments has not met the demand. This is the main driving force for a series of raging projects to hit the market.

Nha Trang has recently opened its international terminal at Cam Ranh International Airport which will contribute to creating favorable conditions for tourists to Nha Trang. For projects such as The Costa Nha Trang to be opened in phase 2 right now will be very advantageous to take advantage of the great opportunity to catch up with international tourists.

The perfect location makes Costa Nha Trang an attractive destination: directly at Nha Trang harbor, in front of the beach, easy to connect with other major roads, convenient to move to the access points. the famous.

The Costa Nha Trang has completed all legal and infrastructure. This is also the perfect place to visit the center of culture, tourism and commerce of Nha Trang city, bringing living space with quality experience.

The Costa Nha Trang is also a focal point of designers, experienced architects and project managers in leading real estate projects in the world and selected by many criteria.

The project was designed by Singaporean architect Tan Hock Beng and operated and managed by InterContinental. Phase 1 of the project was completed in a very short time and is now operational with a peak capacity of 98% occupancy rate. The Costa promises to be the top destination for every visitor, ensuring that a large number of potential clients regularly stay here, the hotel business revenue is expected to stabilize and sustainable profitability ratio in terms of time space.

http://vietnamnet.vn/vn/kinh-doanh/dong-tien-dau-tu-do-vao-bds-nghi-duong-nha-trang-467436.html