ResearchMoz added Latest Research Report titled " Vietnams Mining Fiscal Regime, H2 2015 - Worldwide Market Shares, Size, Trends, Analysis, Growth, Survey, Forecast, Insights, Outlook " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 11/11/2015 -- Timetric's Vietnamese fiscal regime report outlines governing bodies, governing laws, licenses, rights and obligations, and tax-related information for seven commodities: iron ore, copper, gold, silver, nickel, coal and platinum.
Timetric's fiscal regime report covers Vietnam which has rich mineral deposits, which include coal, copper, gold, nickel and silver.
The mining industry is governed by the Ministry of Natural Resources and Environment (MONRE), and the General Department of the Geology and Minerals, under its supervision, manages the country's geology and mineral resources.
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The Mineral Law 2010 is the apex law for the country's mining industry, and focuses on implementing new strategies and polices for mining operations.
The report outlines governing bodies, governing laws, licenses, rights, obligations and key fiscal terms which includes mining royalty, enterprise income tax, depreciation rates, loss carry forward and value added tax (VAT).
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Ministry of Natural Resources and Environment (MONRE) is the body responsible for the development and implementation of educational programs for land, as well as for raising awareness of policies and legislation on land agencies
The Vietnam Environmental Administration (VAE) is the subsidiary body under MONRE. It is responsible for providing advice and assisting the minister of MONRE
The General Department of Geology responsible for carrying out state functions on geology and mineral resources throughout the country
Manual loan and mortgage application processes make the lending system slow and expensive.
Digitized loan applications reduce paperwork and manual errors involved in the process.
As digital banking grows worldwide, customers require reliable and seamless loan application and disbursal over multiple channels and devices.
Digitization of lending is likely to provide the most cost-effective solution for reducing increasing compliance costs due to enhanced regulations.
Enhanced adoption of digital channels, and inefficiencies in the traditional bank lending system have led to the launch of online lending platforms.
Financial institutions have encountered various challenges in digitizing the lending process. Lack of sophisticated software solutions, concerns over compatibility of new systems with legacy systems, costs of transformation, regulatory compliance, and management and budget restrictions have all deterred banks from digitizing the lending process.
With the increasing presence of alternative lenders, banks are investing in technology, forming alliances with emerging financial technology companies, and adopting new credit scoring methodologies.
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Table of Content:-
1 Executive Summary
2 The Vietnamese Mining Industry – Governing Bodies
2.1 Ministry of Natural Resources and Environment (Monre)
2.1.1 Vietnam Environmental Administration (VAE)
2.1.2 General Department of Geology and Minerals
3 The Vietnamese Mining Industry – Governing Laws
3.1 Mineral Law
3.1.1 Mineral strategy
3.1.2 Auction of mineral mining rights
4 The Vietnamese Mining Industry – Mining License
4.1 Mineral Exploration License
4.2 Mineral Mining License
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