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Revised tax management, public investment laws passed

Up to 91.32 percent of National Assembly deputies approved the revised Law on Tax Management during their ongoing seventh session in Hanoi on June 13.

The law, comprising 17 chapters and 152 articles, defines the management of various types of taxes and other incomes of the State budget. It also makes clear rights and obligations of taxpayers.

Later, the NA deputies adopted the revised Law on Public Investment, with 90.7 percent of votes.

The law has six chapters and 101 articles, stipulating the State management on public investment, the management and use of public investment, rights, obligations and responsibilities of agencies, units, organizations, and individuals relating to public investment operation.
VNA/VNP

Aquatic sector advised to navigate challenges, secure exports to EU, US markets

Aquatic sector advised to navigate challenges, secure exports to EU, US markets

In the EU, illegal, unreported and unregulated (IUU) fishing remains a major obstacle to Vietnam's efforts to have the European Commission (EC)'s “yellow card" lifted. The bloc’s dense and constantly changing regulatory framework also affects farming zones, production processes and quality standards.

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