Tin mới
Vietnam gives foreign firms tax break (27/6)
06/08/2010 - 174 Lượt xem
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Foreign-invested enterprises are to be exempt from tariffs on goods they import as fixed assets under a decision announced last week by the Vietnamese Trade Ministry. The announcement comes as companies await the promulgation of a government decree to guide the implementation of the new Investment Law, which takes effect on July 1. According to Official Letter No 3796/TM-KHDT dated June 20, the trade ministry is authorized to approve such imports by foreign-invested projects licensed during the first six months of 2006. The companies must register their imports, clear customs procedures and apply for tax exemptions as required by last years Decree 149/2005/ND-CP, said the Trade Ministry. |
