Singers ignore copyright infringements

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Báo Dân Trí English 3 day(s) ago

Singers ignore copyright infringements

Most Vietnamese singers still ignore being paid copyright fees from music downloading websites.

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FAST payments to move riel quickly

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VietStock FI English 1 week(s) ago

FAST payments to move riel quickly

Three months since the central bank soft-launched its FAST payment system it is taking the system public, making electronic riel-denominated transfers available to the customers of more than a dozen financial institutions.

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Phuoc Son Gold sees business registration certificate revoked

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

Phuoc Son Gold sees business registration certificate revoked

The business registration certificate of Phuoc Son Gold Company Ltd. (Phuoc Son Gold), managed by Canadian Besra Inc.’s Vietnamese subsidiary, has been withdrawn, due to its delay in paying VND334 billion ($14.96 billion) in tax arrears.

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Formosa may see hefty fine in tax arrears

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Báo Đầu Tư English 2 week(s) ago

Formosa may see hefty fine in tax arrears

Hung Nghiep Formosa Ha Tinh Steel Co., Ltd. (HFS), the operator of the $10.5 billion steel and port complex in the central province of Ha Tinh, may have to pay VND1.555 billion ($69.6 million) in tax arrears, including refunded value added tax (VAT), deducted taxes, and late payment fees, according to newswire Vnexpress.net.

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State Capital Investment Corporation defends high wages

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Báo Dân Trí English 2 week(s) ago

State Capital Investment Corporation defends high wages

The State Capital Investment Corporation (SCIC) has had to justify its wages and staff bonuses for 2015 after public dismay.

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Payment card gains traction

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VietStock FI English 2 week(s) ago

MasterCard, the plastic payment-card brand of global financial services firm MasterCard Worldwide, has been present in the Kingdom since 2001, but until recently it was relatively unknown to most Cambodians. However, there are signs its signature debit and credit cards are poised for robust growth and widespread acceptance.

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Rule allowing children to use ATM cards at 6 raises eyebrows in Vietnam

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Báo Tuổi Trẻ English 3 week(s) ago

Rule allowing children to use ATM cards at 6 raises eyebrows in Vietnam

A new rule lowering the legal age limit on owning an ATM card to six years old is scheduled to become effective next month, and Vietnamese parents are concerned about the potential issues once their children want a bank account of their own.

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Wing to process business registry fees

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VietStock FI English 3 week(s) ago

The Ministry of Commerce has tapped Wing (Cambodia) Ltd Specialised Bank to be the fourth financial institution designated to handle payments for companies incorporated using the ministry’s online registration system.

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Banking sector kick-starts actions to support businesses

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Báo Đầu Tư English 3 week(s) ago

Banking sector kick-starts actions to support businesses

The banking sector will apply comprehensive monetary policies and banking operations to improve credit access, focusing on enhancing national credit ratings, according to the State Bank of Viet Nam (SBV).

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Watchdog checks Uber’s taxes

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Báo Dân Trí English 1 month(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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Greece to get EU bailout tranche Tuesday: Officials

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Báo Đầu Tư English 1 month(s) ago

Greece to get EU bailout tranche Tuesday: Officials

European Commission chief Jean-Claude Juncker, who is on a visit to Greece told Greek President Prokopis Pavlopoulos: "The ESM payments will take place today."

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

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Báo Thanh Niên English 1 month(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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Quang Nam proposes to suspend operations of Besra Vietnam

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Báo Đầu Tư English 1 month(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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Budget discipline lax, balance difficult: experts

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SaiGon GP English 1 month(s) ago

Budget discipline lax, balance difficult: experts

The economy has been on recovery momentum easing the pressure on budget balance this year and following years. Still, overspending in 2014 and 2015 has not been solved while revenue has faced with many difficulties in short term because of a reduction in some major income sources.

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Gold miner Besra Vietnam suffers massive losses

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Báo Đầu Tư English 1 month(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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