Small car makers to expand production in Vietnam on tax cuts

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Báo Thanh Niên English 3 day(s) ago

Small car makers to expand production in Vietnam on tax cuts

The planned cuts in luxury tax on cars with small engines are expected to spur demand, encouraging auto manufacturers to expand production.

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Watchdog checks Uber’s taxes

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Báo Dân Trí English 3 day(s) ago

Watchdog checks Uber’s taxes

A representative from the Vietnamese tax watchdog said it was important to clarify the legal basis for taxing Uber and Uber taxi drivers in order to prevent tax avoidance.

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Catfish exports to U.S. face higher anti-dumping duty

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SaiGon GP English 5 day(s) ago

Catfish exports to U.S. face higher anti-dumping duty

Frozen catfish exporters to the U.S. will face higher anti-dumping tax as the U.S. Court of International Trade has decided to select Indonesia as surrogate country for catfish from Vietnam in the latest anti-dumping lawsuit.

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Small size, low cost Indian auto import skyrockets

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SaiGon GP English 5 day(s) ago

Small size, low cost Indian auto import skyrockets

Over 3,500 low cost automobiles were imported to Vietnam from India in May, a 20 time increase compared to February when the number touched 180, reported the Ministry of Industry and Trade.

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Vietnam demands $159 million tax on Big C deal: report

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Báo Thanh Niên English 5 day(s) ago

Vietnam demands $159 million tax on Big C deal: report

More than a month after France's Casino Group completed the US$1.04 billion sale of supermarket chain Big C Vietnam to Thailand's Central Group, the Vietnamese tax authority has reportedly grown impatient with the late tax payment on the record deal.

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New taxes insufficient to deter burgeoning car market

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Báo Dân Trí English 6 day(s) ago

New taxes insufficient to deter burgeoning car market

Dealers are seeing growth in the local car market, especially for small cars as tax hikes will take effect from July 1.

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Quang Nam proposes to suspend operations of Besra Vietnam

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Báo Đầu Tư English 6 day(s) ago

Quang Nam proposes to suspend operations of Besra Vietnam

The Quang Nam Tax Department has proposed the relevant government authorities to revoke the investment certificate of Besra Vietnam’s two gold mines under Phuoc Son Gold Company Ltd. (PSGC) and Bong Mieu Gold Mining Company Ltd. (BMGMC), due to their long delay in paying VND430.7 billion ($19.3 million) in taxes.

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Good tax payers honored in HCMC

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SaiGon GP English 1 week(s) ago

Good tax payers honored in HCMC

The HCMC Taxation Department yesterday hosted a ceremony to praise 339 businesses and businessmen who are representatives of 1,233 companies of well paying tax obligations last year.

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Hanoi may ban property developers with unpaid taxes from new projects

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Báo Thanh Niên English 1 week(s) ago

Hanoi may ban property developers with unpaid taxes from new projects

In a new effort to collect back taxes from businesses, authorities in Hanoi are considering banning companies from starting new projects until all dues are paid, local media reported on Friday.

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Vietnam’s tax plan on Uber ineffective: experts

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Báo Tuổi Trẻ English 1 week(s) ago

Vietnam’s tax plan on Uber ineffective: experts

The guidance on how Uber must fulfill its tax responsibility for operations in Vietnam is said by experts to be feeble, and ultimately add nothing to state coffers.

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Gold miner Besra Vietnam suffers massive losses

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Báo Đầu Tư English 1 week(s) ago

Gold miner Besra Vietnam suffers massive losses

Canadian Besra Inc.’s Besra Vietnam, the operator of two gold mines in the central province of Quang Nam, namely Phuoc Son Gold Company Ltd. (PSGC) and Bong Mieu Gold Mining Company Ltd. (BMGMC), has suffered a loss of over VND1 trillion ($44.7 million) with a short-term debt volume of VND2.5 trillion ($111.7 million).

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MoIT crushes Binh Son export aspirations

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Báo Đầu Tư English 1 week(s) ago

MoIT crushes Binh Son export aspirations

The Ministry of Industry and Trade (MoIT) has refused Binh Son Refining and Petrochemical Co. (BSR)’s proposal to export Dung Quat oil refinery’s products, according to newswire Vneconomy.

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VN steel firms to pay US tax

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Báo Đầu Tư English 1 week(s) ago

VN steel firms to pay US tax

Three Vietnamese steel firms will pay zero tax after answering the anti-dumping questionnaire of the US Commerce Department (DOC). But other Vietnamese exporters of steel pipes will pay the maximum tax of 113 per cent.

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Wing plans for more growth

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VietStock FI English 1 week(s) ago

Wing plans for more growth

Wing Specialised Bank is trying to stay ahead of the game in the money transfer and mobile payment sector by forging new partnerships. The Post’s Ayanna Runcie sat down with Wing’s recently appointed CEO Jojo Malolos to discuss his plan for the company’s future.

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Car imports rise sharply following tax adjustment

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SaiGon GP English 2 week(s) ago

Car imports rise sharply following tax adjustment

Vietnam spent 195 million USD on importing about 12,000 completely built-up cars in May, an increase of 33 percent in quantity compared to April and 12 percent against the same period last year.

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