Nearly 11,000 new firms set up in April

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Báo Dân Trí English 2 day(s) ago

Nearly 11,000 new firms set up in April

As many as 10,954 enterprises were formed in April with total registered capital of VNĐ62.2 trillion (over US$2.7 billion), according to the General Statistics Office (GSO).

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Nokia assessed for hi-tech tax break

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Báo Đầu Tư English 2 day(s) ago

Nokia assessed for hi-tech tax break

Nokia Vietnam, now a wholly-owned subsidiary of Microsoft, must await final approval from the Ministry of Science and Technology to see if it qualifies as a hi-tech enterprise eligible for tax incentives.

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HCM City: 100 businesses established each day

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Báo điện tử CP English 6 day(s) ago 5 related news

HCM City: 100 businesses established each day

VGP – As of April 15, as many as 10,450 enterprises, including 225 private ones, 1,186 joint-stock ones and 9,038 limited liability ones were established in Ho Chi Minh City, according to the city’s Customs Department.

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HCM City: 100 businesses established each day

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Báo Đầu Tư English 6 day(s) ago

HCM City: 100 businesses established each day

As of April 15, as many as 10,450 enterprises, including 225 private ones, 1,186 joint-stock ones and 9,038 limited liability ones were established in Ho Chi Minh City, according to the city’s Customs Department.

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Current account deficit rises to $542M in 4Q15

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VietStock FI English 1 week(s) ago

Cambodia's current account balance deficit was the equivalent of $542 million in the fourth quarter of 2015, the equivalent of 11.5 per cent of GDP, the National Bank of Cambodia said in a report released yesterday.

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Microsoft revenue, profit misses estimates

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Báo Tuổi Trẻ English 1 week(s) ago

Microsoft revenue, profit misses estimates

April 21 - Microsoft Corp reported results that fell short of analysts' expectations, showing its high-profile cloud business cannot quite make up for weakness in its core PC market.

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Confusion over regulation results in reimbursements

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Báo Đầu Tư English 1 week(s) ago

Confusion over regulation results in reimbursements

The Ministry of Finance is likely to reimburse the tax arrears collected from numerous firms on income generated by additional investment during the period of 2009-2013.

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GDT executes U-turn on loss carryforward

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Báo Đầu Tư English 1 week(s) ago

GDT executes U-turn on loss carryforward

Enterprises with many subsidiaries from now on may be free to apply loss carryforward to any income streams that benefits them most in terms of taxes saved, according to a recent decision from the General Department of Taxation.

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Business highlights – April 11-17

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Báo điện tử CP English 2 week(s) ago 4 related news

VGP – Positive property market, releasing of incomes by sectors, forecast booming of e-commerce, VNPT’s restructuring plan, WB’s economic growth forecast topped last week’s economic headlines.

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Banking, finance employees have highest average income: VCCI

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Báo Đầu Tư English 2 week(s) ago 1 duplicate news

Banking, finance employees have highest average income: VCCI

Banking, finance and insurance employees had the highest income across all sectors in Viet Nam in 2014, with an average income of about VND195 million (US$8,660) per year.

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Bad debts weaken local banking system

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Báo Dân Trí English 2 week(s) ago

Bad debts weaken local banking system

In a review meeting on state budget revenue in 2015, the National Assembly's Committee on Finance and Budgeting highlighted that income from the banking sector had reduced considerably.

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China may have $1.3 trillion of risky loans, IMF report shows

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Báo Thanh Niên English 2 week(s) ago

China may have $1.3 trillion of risky loans, IMF report shows

China may have $1.3 trillion loans extended to borrowers that don’t have sufficient income to cover interest payments, with potential losses equivalent to 7 percent of the country’s gross domestic product, according to the International Monetary Fund.

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Quarter of state budget earmarked for debt repayments

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Báo Dân Trí English 2 week(s) ago

Quarter of state budget earmarked for debt repayments

Vietnam is forecast to use up a quarter of the state budget for debt repayments in 2016 and this rate may reach a record high between 2022 and 2025, said a local economist.

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DPM holds talks with British Secretary of State for Foreign, Commonwealth Affairs

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Báo điện tử CP English 3 week(s) ago

DPM holds talks with British Secretary of State for Foreign, Commonwealth Affairs

VGP – The Commonwealth Fund will provide financial assistance for middle-income nations in the region, including Viet Nam, to reform the business and investment environment.

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GTI blames accounting glitch for Q4 profit plunge

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VietStock FI English 3 week(s) ago

GTI blames accounting glitch for Q4 profit plunge

An accounting error that appeared in the second quarter 2015 financial report of Taiwanese-owned garment manufacturer Grand Twins International (GTI) skewed the company’s fourth quarter 2015 earnings report, resulting in it declaring a staggering 450 per cent drop in profits during the quarter, a company executive said yesterday.

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