Updates on Customs procedures,Trade, Tax and Labour

On 25 March 2015, the Ministry of Finance (“MoF”) issued Circular
No. 38/2015/TT-BTC on customs procedures; customs examination
and monitoring; import, export duties and tax administration for
imported and exported goods.

Custom procedures for goods imported, exported under the export
right, import right, distribution right of EPEs

Official Letter No. 3765/BCT-XNK dated 17 April 2015 of the
Ministry of Industry and Trade (“MoIT”) regarding import, export
activities of foreign invested enterprises (“FIEs”) with regards to the
export of scrap materials, wastage from the production process and
on the import of components and supplies for product warranty
purposes.

Official Letter No. 3149/TCHQ-GSQL dated 08 April 2015 of the
GDC regarding issues associated with the guidance on tax
procedures and tax treatment when importing goods under the EPEs’
import right then exporting into non-tariff zones.

Official Letter No. 1076/TCT-TNCN dated 30 March, 2015 of the
General Department of Taxation (“GDT”) regarding the adjustment
of Personal Income Tax ("PIT") Finalization of foreigners.

Official Letter No. 2783/CT-TTHT dated 30 March 2015 of Ho Chi
Minh City’s Department of Taxation regarding the use of commercial
invoices for exporting services.