On August 14, 2024, the General Department of Customs issued Official Dispatch No. 3835/TCHQ-GSQL on notice of system update of the Trade Promotion Council China. Accordingly, the General Department of Customs has the opinion: + The C/O reference number issued by the China Council for the Promotion of International Trade (CCPIT) is still issued according […]

On August 14, 2024, the Ministry of Finance issued Decision 1923/QD-BTC announcing the list of periodic reporting regimes in the field of prices under its management. The list includes four types of periodic reports submitted between state administrative agencies: General Market Price Report submitted to the Chair of the Prime Minister's Price Management Steering Committee […]

On August 15, 2024, the Minister of Industry and Trade issued Circular 14/2024/TT-BCT, which regulates the periodic reporting regime for industrial clusters, the national industrial cluster database, and several forms for managing and developing industrial clusters. Accordingly, the periodic reporting regime for industrial clusters is specifically regulated as follows: Entities required to implement the periodic […]

On July 12, 2024, the Government issued Decree 87/2024/ND-CP regulating penalties for administrative violations in price management. The following are some notable contents of this Decree. Selling goods higher than the maximum price bracket will result in a fine of up to 20 million VND Specifically, a fine from 10 million VND to 20 million […]

On July 11, 2024, the Ministry of Industry and Trade issued Official Letter 4896/BCT-TTTN 2024 regarding the regulation of fuel business. The Ministry announced the reference prices for popular fuel products on the market as follows:   Product Previous Reference Price (04/07/2024) (VND/litter, kg) Announced Reference Price (VND/litter, kg) The difference between the base price […]