Issuers of securities to invest 5 percent of profits in risk fund

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VietnamPlus English 17 hour(s) ago 1 duplicate news

From the 2014 fiscal year onwards, securities companies and fund management firms will have to set aside 5 percent of their profits for the financial reserve and professional risk fund once previous losses are covered and corporate income deductions have been made in accordance with the Law on Corporate Income Tax.

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Tax incentives proposed for spurring travel industry

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VOV News English 2 day(s) ago

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50% for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.

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Mekong Delta takes lead in new-style rural area building

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VietnamPlus English 2 day(s) ago

Nearly 95 percent of communes in the Mekong Delta’s provinces and cities joined the national new-style rural area building programme, according to the Southwest Steering Committee.

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Tax incentives proposed for spurring travel industry

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VietnamPlus English 2 day(s) ago

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50 percent for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.

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Hanoi plans 15,500 social housing units

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Báo Dân Trí English 2 day(s) ago

According to the Hanoi Construction Department, the city is promoting the adoption of an urban construction plan with a view towards 2015 with a goal of building 15,500 new social housing units low income families.

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Big businesses ask for tax leniency while exploiting every legal loophole

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VietnamNet English 2 day(s) ago

Big businesses ask for tax leniency while exploiting every legal loophole

VietNamNet Bridge – Corporations have many methods to bleed the national budget’s dry: evading tax, declaring inaccurate taxable income, delaying tax payments, and committing trade fraud.

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Insurance still out of reach for many

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VietnamPlus English 3 day(s) ago 1 related news

Insurance still out of reach for many

A health insurance law passed in early 2012 told the State to pay 30 percent of health insurance card costs for farmers, fishermen and salt workers within a certain income range, but its implementation has been slowed down because of some difficulties in related procedures.

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Insurance still out of reach for many

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VietNam News English 3 day(s) ago 1 related news

A health insurance law passed in early 2012 told the State to pay 30 per cent of health insurance card costs for farmers, fishermen and salt workers within a certain income range, but its implementation has been slowed down because of some difficulties in related procedures.

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S Korea, Malaysia offer education tips

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VietNam News English 5 day(s) ago

South Korea was able to reform its higher-education system by tying tuition to family income, giving schools more autonomy and enhancing instructional quality, the country's former Minister of Education, Science and Technology told a workshop held in HCM City yesterday.

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Vietnam’s growth rate could fall behind Laos, Cambodia: experts

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VietnamNet English 5 day(s) ago

Vietnam’s growth rate could fall behind Laos, Cambodia: experts

VietNamNet Bridge – Economists have warned that Vietnam could fall into the middle-income trap, and it is predicted that within several years it could even fall behind Laos and Cambodia in economic growth.

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Day for the Poor: Time to think of the future

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VOV News English 6 day(s) ago

Day for the Poor: Time to think of the future

Today is the United Nations’ International Day for the Eradication of Poverty, which provides an occasion to reflect on Vietnam’s record and its long-term agenda for poverty reduction and inclusive growth.

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Foreign-investment “super-projects” worth billions set records

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VietnamNet English 1 week(s) ago

Foreign-investment “super-projects” worth billions set records

VietNamNet Bridge – Foreign investors have recently announced the development of surprisingly highly capitalized projects. However, analysts warn that Vietnam needs to remain cautious about these “super-projects”.

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Kien Giang provides shelter for low income households

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VietnamPlus English 1 week(s) ago 1 duplicate news

The southern province of Kien Giang has completed the construction of nearly 10,430 houses for financially disadvantaged households, fulfilling 98.7 percent of the Government target.

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More young women choose to be promotion girls

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Báo Dân Trí English 1 week(s) ago

More young women choose to be promotion girls

Many young Vietnamese women have been trading on their looks to become promotion girls to earn money in a tough economic climate.

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Malaysia unveils 2015 state’s budget

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VietnamPlus English 1 week(s) ago

Malaysia unveils 2015 state’s budget

Malaysian Prime Minister Najib Razak has unveiled the country’s 2015 budget that will allocate a total of 273.9 billion MYR (84.12 billion USD) for next year, an increase of 9.8 billion MYR (3 billion USD) as compared with 2014.

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