Vietnam at crossroads over vehicle registration fee cuts

Vietnam at crossroads over vehicle registration fee cuts

Vietnam is seemingly no closer to deciding on another round of registration fee cuts for domestically assembled automobiles, due to concerns about trade commitments.
Auto registration fee cuts seen not steep enough

Auto registration fee cuts seen not steep enough

While the Government’s draft resolution implies automobile registration fee reductions would start next year to support consumers and enterprises, there are concerns the fee will remain high and cause little positive impact on the gloomy auto market.
Firms get in order

Firms get in order

Efforts are being ramped up to ensure a smooth introduction of a national business registration information portal in the first quarter 2013.
Business registration  to be streamlined

Business registration to be streamlined

Business registration red tape is to be a thing of the past.
IFC praises VIB’s online registration for secured transactions

IFC praises VIB’s online registration for secured transactions

On October 29, IFC specialists and a delegation from Lao PDR’s Ministry of Finance met with representatives from Vietnam International Commercial Joint Stock Bank (VIB) to discuss the benefits of the online registration system for secured transactions.
Cutting into red tape to reform business outlook

Cutting into red tape to reform business outlook

The Ministry of Planning and Investment, Agency for Business Registration and the United Nations Industrial Development Organisation (UNIDO) are about to launch an online national business registration system at the end of this year as part of the business registration reform.
Carmakers fume over fees

Carmakers fume over fees

Vietnam-based car-makers are feeling the heat after Hanoi and Ho Chi Minh City lifted automobile ownership registration tax rates.
Business registration set to be streamlined

Business registration set to be streamlined

Business start-up procedures are set to be streamlined thanks to a circular on online registration being drafted by the Ministry of Planning and Investment.
Registering big achievements following reform

Registering big achievements following reform

The project “Technical assistance to business registration reform in Vietnam” was initiated as part of the National Business Registration Reform Programme.
A sharp sword successfully  cuts into red tape

A sharp sword successfully cuts into red tape

Vietnam’s business landscape has seen significant improvements in recent years and part of the credit is due to the success of national business registration reform programme currently being rolled out nationwide.
Firms cool on registration codes

Firms cool on registration codes

Businesses’ concerns over a lack of flexibility when it comes to registering their business activities have been eased.
NBRS to be a beacon of light for businesses

NBRS to be a beacon of light for businesses

A new version of the national business registration information system (NBRS) will help businesses significantly save time in dealing with administrative procedures, while easing the huge workload at local business registration departments.
Making sense of A&P expenses

Making sense of A&P expenses

“Current regulations do not seem to provide guidelines as to the tax treatment of certain A&P expense items or, if they do, still leave room for interpretation from both the taxpayers and the authorities”
Decree 102 implementing the Enterprise Law  Addressing investors’ heavyweight concerns

Decree 102 implementing the Enterprise Law Addressing investors’ heavyweight concerns

The regulatory framework for corporate capitalisation, mainly provided for in the Enterprise Law and its old implementing Decree 139, gave investors and shareholders flexibility in capitalisation matters.
Firms enjoying reformed procedures

Firms enjoying reformed procedures

In the Doing Business Report for 2011, the World Bank and the IFC named Vietnam a good example in easing company start-ups by creating a one-stop shop that combined the process for obtaining business and tax licenses and by eliminating the need for a seal for company licensing. Deputy minister of Planning and Investment (MPI) Nguyen Van Trung spoke with VIR about the issues.
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