27/05/2015 09:24 GMT+7 Email Print Like 0

Gov’t declares fees and charges law in need of overhaul

Hanoi, May 26 (VNA) – The Vietnamese Government has stressed the necessity of issuing a law regarding charges and fees for things such as road tolls, administrative procedures and the processing of paperwork in order to eliminate flaws in the existing guidelines.

In a presentation at the plenary session of the National Assembly (NA)’s ongoing ninth sitting on May 26, the Government cited the fact that the ordinance on charges and fees, enforced from January 2001, is no longer suitable for the country’s socio-economic development.

It added that an updated law on charges and fees will fall in line with ongoing administrative procedure and taxation reforms.

The NA Committee for Financial and Budgetary Affairs agreed on the need to issue such a law, which it said will create a complete and synchronous legal framework for the management of fee charging, collection and use.

The committee asked the cabinet to continue reviewing the regulations for the updated law, which is being drafted.
VNA/VNP