Business recommendations

Recommendation on proposing the Government that directs and speeds up the implementation of the SME Support Fund and the National Technology Innovation Fund as well as directs the banking credit system to create favorable conditions for enterprises to loan

Recommendation on proposing the Government for reconsideration of the equality of competition among foreign investment enterprises in Vietnam and domestic investment enterprises. Foreign capital enterprises have enjoyed a lot of incentives. Therefore, in order to support domestic enterprises to develop, there should be a mechanism and policies on land rental exemption for enterprises to create jobs for a certain number...

Recommendation on the amendment of the land policies allowing infrastructure business enterprises of industrial parks (in the case of exemption from land use levies, land rentals or the State leases land with annual land rentals) and secondary enterprises

Recommendation on the amendment of the land policies allowing infrastructure business enterprises of industrial parks (in the case of exemption from land use levies, land rentals or the State leases land with annual land rentals) and secondary enterprises are allowed to mortgage land use rights to loan capital from banks and mobilize a long-term capital; creating mechanisms and policies for...

Recommendation that the Association has issued many documents and proposed to the state management agencies to remove difficulties for businesses, especially issues of special consumption tax and business conditions ... Some comments of the Association ha

The Association has issued many documents and proposed to the state management agencies to remove difficulties for businesses, especially issues of special consumption tax and business conditions ... Some comments of the Association have been received by the state agencies to complete policies and legal documents. However, there are still some signs that are not really serving businesses, including the...

Recommendation on requesting management agencies should complete the system of legal documents soon while ensuring regulations that are appropriate, clear and create conditions for the development of enterprises.

Over time, legal documents in general and legal documents on tax in particular are constantly changing. These are direct regulations that affect businesses in general, including those that are subject to statutory auditing, and at the same time affect auditing firms. However, the propaganda and dissemination to the affected subjects of these documents are limited, and meanwhile guidelines are not...

Solutions should be strengthened to improve the business investment environment

The central ministries and branches should seriously implement and create contents of the Resolution 35 and the Resolution 19. - Ministries and branches should prepare clear and specific regulations that are easy to read, easy to understand and easy to implement, should not use words of multiple meaning. It is serious to try to avoid the "conservative" "benefit sector" status...

Regulations on asset valuation: Currently, legal documents do not have specific guidance on some items related to the valuation of assets, machineries and specialized equipment of the electricity sector and not available on the market when undertaking valuation

Regulations on asset valuation: Currently, legal documents do not have specific guidance on some items related to the valuation of assets, machineries and specialized equipment of the electricity sector and not available on the market when undertaking valuation of enterprises. It is recommended to consider additional regulations to facilitate enterprises when equitisation.

Provisions on expenses of equitization (equitization)

Article 12 of Circular 196/2011 / TT-BTC dated December 26, 2011 of the Ministry of Finance guiding the sale of shares for the first time and management and use of proceeds from equitization of SOEs converted into joint-stock companies stipulating the maximum total amount expenses of equitisation determined according to enterprises value on accounting books that not exceed VND 500...

It is proposed to consider the decentralization decision to the board members of state economic groups, which shall decide on the selection of equitization consultancy organizations, decide on the announcement of enterprises value and report to the Ministries managing sectors.

Clause 3, Article 15 of the Finance Ministry's Circular No. 127/2014 / TT-BTC guiding the financial handling and valuation of enterprises when transforming enterprises with 100% of their capital into joint stock companies stipulates that " Duration between the time of announcement of value of the enterprise and the time of valuation should be six months at the maximum in...

It is necessary to have policies to support localities and areas which are heavily affected by environmental incidents. In some localities, the tourism business in general and hotels in particular are affected by environmental problems, especially in the natural environment. For example, in Hoi An (the Quang Nam Province), many beaches have been eroded, many coastal resorts have spent a lot of expenses to limit the impact of this incident but results are very limited.

It is necessary to have policies to support localities and areas which heavily affected by environmental incidents. In some localities, the tourism business in general and hotels in particular are affected by environmental problems, especially in the natural environment. For example, in Hoi An (the Quang Nam Province), many beaches have been eroded, many coastal resorts have spent a lot...

Recommendation on difficulties in submitting tax registration declaration form

The Thanh An Company was established in August 2016. In the period from August - December 2016 the company was in the process of building the factory with the initial investment capital of about VND 5 billion, in January 2017, the company expected a monthly revenue of not less than VND 50 billion. At the time of establishment, the company...

Recommendation on assets for assurance of agricultural finance in Vietnam that mainly depend on fixed assets such as real estates. In order to accelerate the development of the agricultural sector in Vietnam, it is advisable to consider mortgage assets such as agricultural machineries and payment abilities of buyers for products.

Assets for agricultural finance in Vietnam mainly depend on fixed assets such as real estates. In order to accelerate the development of the agricultural sector in Vietnam, it is advisable to consider mortgage assets such as agricultural machineries and payment abilities of the buyers for products.

It is proposed to allow the Company to use the Department of Animal Health's guidelines (issued every three months) and customs dossiers to clear the shipments of raw materials imported by the Company into the production of export goods without having to submission of the results of other State inspection on quarantine and food safety when carrying out customs procedures in order to minimizing and simplifying the administrative procedures.

By the end of 2011, the Quang Ninh Seafood Processing and Export Company registered to carry out the business of temporary import and re-export and concurrently import frozen cattle and poultry markets for use as raw materials for production and processing for export. Due to the lack of specific regulations on quarantine and food safety should be based on the...

Recommendation on accounting regime for real estate businesses

The nature of real estate business is prolonged, the annual revenue is concentrated in the year of completion of the project, real estate products of great value, long time completion, but the provision is based on the original term and be unreckoned the extension of debt between the parties cause difficulties for businesses. On the other hand, in the field...

According to the provisions of Clause 2, Article 4 of the Law on Real Estate Business No. 63/2006 / QH11 on " Real estate dealing means investing capital in the creation, purchase, acceptance of transfer, lease or hire- purchase of real estate for sale

- According to the provisions of Clause 2, Article 4 of the Law on Real Estate Business No. 63/2006 / QH11 on " Real estate dealing means investing capital in the creation, purchase, acceptance of transfer, lease or hire- purchase of real estate for sale, transfer, lease-out, sublease or sale on hire-purchase for profit purposes - According to Clause 1,...

Recommendation on Development of a Code of Conduct for advertising profession. In many countries around the world, the Code of Conduct or Code of Advertising Practice (Advertising Standards) is essentially a set of advertising technical regulations, which regulates the details of what is and not advertised for each product or category. Advertisers only rely on the set of rules to self-regulate their advertising performance. The authorities do not have to review the content prior, only need to compare the rules in the Code to monitor, check units performing advertisement, if they do wrong, the penalty is very heavy. This not only dignify responsibilities of advertisers, but also reduce many troublesome administrative procedures for both management agencies and advertisers. The negative application/approval conditions will basically be eliminated.

As the representative of the members, continuously after the promulgation of the Law on Advertising (January 2013) as well as after the Government's Resolution No. 19 / NQ-CP dated March 12, 2015, the Resolution 19-2016 / NQ-CP dated April 28, 2016 of the Government to the Resolution No. 35-2016 / NQ-CP, not counting the number of letters sent by enterprises...

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