Businesses complaint that differences in tax data between them and tax agencies have caused that spending more time on comparision at a conference hosted by the Ho Chi Minh City Taxation Department on October 30.
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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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The Viet Nam Public Bank (PVcomBank) and the PetroVietnam Gas Joint Stock Corporation (PVGas) signed a comprehensive co-operation agreement in this Central Highlands city last Friday.
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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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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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The Philippines recorded a surplus of 98 million USD in September balance of payment compared to 465 million USD in the same period last year and 114 million USD in August.
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VietNamNet Bridge – A King Cobra snake, caught days ago in Dong Thap province by a farmer, has not been fed for several days as the local police have no idea how to take care of it.
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VietNamNet Bridge – Electronic payments for online transactions remained modest compared with cash-on-delivery payments, according to a recent report of the Ministry of Industry and Trade on e-commerce in Viet Nam.
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VietNamNet Bridge - A 60-day deferral of Value Added Tax payment on imports and Value Added Tax refunds are tax incentives that Viet Nam applies to investment projects facing financial problems.
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