WB ranking asserts business is getting harder in Vietnam

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Báo Thanh Niên English 2 day(s) ago

WB ranking asserts business is getting harder in Vietnam

Vietnam fell six spots in the World Bank's annual ease of doing business rankings.

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Tax on casino wins cut

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VietnamNet English 14 hour(s) ago

Tax on casino wins cut

While proposing the removal of personal income tax from the earnings of casino and lottery winners, the Vietnamese government has also suggested a 5 per cent increase in special consumption tax for casinos.

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Online games not subject to special consumption tax plan

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VietnamNet English 1 day(s) ago

Online games not subject to special consumption tax plan

VietNamNet Bridge – The Government previously proposed imposing special consumption tax on online games to prevent negative impacts on society but removed the proposal in a draft of the amended law on the tax presented to the National Assembly (NA).

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World Bank: 40% of Vietnamese businesses’ profits go to taxes

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VietnamNet English 2 day(s) ago

World Bank: 40% of Vietnamese businesses’ profits go to taxes

VietNamNet Bridge - In 2014, on average, each Vietnamese firm spends 872 hours paying taxes and the tax costs account for 40.8% of profits, according to the World Bank’s (WB) annual report on the global business environment.

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WB report: VN’s efforts in business-friendly regulatory environment

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Báo điện tử CP English 2 day(s) ago

VGP – Viet Nam ranks 72 out of 189 economies in the business-friendly regulatory environment list in 2014 released by the World Bank Group on October 29.

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Government’s rice subsidies benefit foreign buyers only: survey

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VietnamNet English 2 day(s) ago

Government’s rice subsidies benefit foreign buyers only: survey

VietNamNet Bridge – The policy on rice subsidy does not benefit Vietnamese farmers and consumers, as rice export prices are even lower than domestic prices.

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Ocean Bank says liquidity still fine

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VietnamNet English 3 day(s) ago

Ocean Bank says liquidity still fine

Ocean Bank said on October 27 it has had no problem with liquidity since Ha Van Tham, former chairman of the bank, was detained by police last Friday on his alleged involvement in lending irregularities.

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Japanese enterprises appreciate Vietnam’s business environment

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VietnamPlus English 3 day(s) ago

Japanese enterprises appreciate Vietnam’s business environment

Investors from Saitama prefecture, Japan think highly of Vietnam’s business climate and consider the country a prime investment opportunity in Southeast Asia, according to a survey conducted by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

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Vehicle tariffs to be cut under WTO commitment

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VietnamPlus English 3 day(s) ago

Several types of vehicles will enjoy import tariff cuts beginning next year in line with Vietnam's commitment to the World Trade Organisation (WTO) on tax reduction.

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MOF suggests forgiving businesses’ tax debts

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VietnamNet English 5 day(s) ago

MOF suggests forgiving businesses’ tax debts

VietNamNet Bridge – The Ministry of Finance (MOF) has proposed to absolve tax payments for businesses that have had financial difficulties over the last five years. The total amount could reach VND4.8 trillion.

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Vietcombank Securities to issue 200 billion VND bonds

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VietnamPlus English 1 week(s) ago

The Vietcombank Securities Company Limited (VCBS) will issue 200,000 bonds worth up to 200 billion VND (9.5 million USD) to raise its working capital on October 28.

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VNDirect makes a big profit from securities brokerage

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VietnamPlus English 1 week(s) ago

VNDirect Securities Corporation has generated an after-tax profit of 43.3 billion VND (over 2 million USD) in the third quarter this year, 90 percent higher than the figure recorded in the same period last year.

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Income tax flows in from mineral, petroleum firms

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Báo Đầu Tư English 1 week(s) ago

Income tax flows in from mineral, petroleum firms

Hanoi - The minerals and petroleum sectors remain the largest tax contributors in the 2014 list of 1,000 largest corporate income taxpayers in Viet Nam (V1000).

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Textile businesses investing in advance of TPP

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Báo Đầu Tư English 1 week(s) ago 1 related news

Textile businesses investing in advance of TPP

Leading textile and garment businesses have expanded production, invested into technology and ensured access to raw materials in their drive to further increase revenues in the coming time.

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HCMC publicly announces names of 16 tax debtors

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SaiGon GP English 1 week(s) ago

Names of 16 businesses who have delayed payment of their due tax debts have been posted on some newspapers in Ho Chi Minh City.

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