Morning news 1-7: Reduced collection of many fees and charges; Ho Chi Minh City urgently warns about fake rheumatism oil

lệ phí - Ảnh 1. — Workers work at a factory of a wood products export enterprise in Tay Ninh - Photo: QUANG DINH

New regulations from 1-7 that businesses need to pay attention to

From July 1, businesses and business households will not be able to transfer or withdraw money through electronic banking channels such as Internet Banking and Mobile Banking if the legal representative of the business or business household has not updated biometric information (face data, fingerprints) with the bank where the account is opened. This is a regulation of the State Bank in Circular 17 of 2024.

In addition, from July 1 to December 31, 2026, the value added tax (VAT) for a series of goods and services with a tax rate of 10% will continue to be reduced by 2% to 8%, except for some groups of goods and services such as telecommunications, financial activities, banking, securities, insurance, real estate business, products and services subject to special consumption tax (except gasoline)...

Also from July 1, the Law on Value Added Tax 2024 will take effect, removing the regulation that invoices from 20 million VND must be transferred to be deductible for value added tax. Instead, Clause 4, Article 14 of this law assigns the Government to regulate.

To elaborate on this, in the draft decree detailing the implementation of the Law on Value Added Tax 2024, the Ministry of Finance proposed that there must be a non-cash payment document for goods and services purchased for VND 5 million or more, including value added tax.

Thus, to be deducted from input VAT, invoices with a total payment value of 5 million VND or more must be paid by non-cash methods such as bank transfer, card payment, e-wallet... Invoices with a value of less than 5 million VND can still be paid in cash and deducted from VAT normally.

However, as of the evening of June 30, the draft had not yet been signed by the Government. Therefore, businesses need to monitor it to apply the regulations correctly.

Halving the collection of more than 40 fees and charges

In order to support people and businesses, on June 30, the Ministry of Finance issued a circular guiding the reduction of regulations on collection levels of a number of fees and charges, applicable from July 1 to December 31, 2025.

For businesses, the Ministry of Finance reduces 50% of business registration fees, including new issuance, re-issuance, and changes to the content of business registration certificates and certificates of registration of branch operations, representative offices, and business locations of businesses; fees for certification of origin of goods (C/O)...

For citizens, the fee for issuing, reissuing ID cards, passports, travel documents, exit permits, etc. will be reduced by 50%.

Tin tức sáng 1-7: Giảm mức thu nhiều khoản phí, lệ phí; TP.HCM cảnh báo khẩn dầu phong thấp giả - Ảnh 3. — The Ministry of Finance has just issued a circular guiding the reduction of regulations on collection rates of a number of fees and charges, including a 50% reduction in fees for issuing, changing and reissuing ID cards - Photo: Document

Ha Do founding chairman did not buy 3.25 million shares as registered

Ha Do Group Joint Stock Company (HDG) has just announced the report on the results of stock transactions of related parties. Accordingly, Mr. Nguyen Trong Thong - former Chairman of the Board of Directors of Ha Do Group, currently the founding Chairman of this group - did not buy 3.25 million HDG shares as previously registered. The reason is that the agreement was not reached as expected.

After the unsuccessful transaction, the number of HDG shares held by Mr. Thong was updated after exercising the right to receive dividends in 2024 to nearly 117.8 million shares, equivalent to 31.83% of the charter capital of Ha Do Group.

Previously, Mr. Nguyen Trong Minh - General Director of Ha Do Group, son of Mr. Nguyen Trong Thong - also successfully bought only more than 3.56 million HDG shares out of a total of 4 million registered shares.

Ho Chi Minh City urgently warns about fake Truong Tho rheumatism oil

The Ho Chi Minh City Department of Health has just sent an urgent document to medical examination and treatment facilities; drug businesses in the area; district health departments, Thu Duc City; and the city's drug, cosmetic, and food testing center regarding information about counterfeit drugs.

Accordingly, the Department of Health received an official dispatch from the Ministry of Health regarding the handling of counterfeit drugs after discovering counterfeit drugs produced by the Central Oil Facility (address 180 Tung Thien Vuong, Ward 11, District 8).

This facility has not been granted a certificate of eligibility for pharmaceutical business and a certificate of good manufacturing practice (GMP) for the production of herbal medicines and traditional medicines by the Ministry of Health.

The counterfeit drug discovered was Truong Tho rheumatism oil (registration number V1045- H12-10; batch number 010722; expiry date 1-7-2025).

The Ho Chi Minh City Department of Health requests that units urgently review, seal and specifically report the quantity purchased, sold, stocked, and supplying units for the above drugs (if any); absolutely do not trade or use herbal medicines or traditional medicines with information indicating production by the Central Oil Facility.

The District Health Department and Thu Duc City inform people not to use the above products. The Department of Health Inspectorate conducts inspection, supervision and handles violations according to current regulations.