Public debt growth due to missed GDP target: minister

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Báo Dân Trí English 6 day(s) ago

The main reason for the rapid rise of Vietnam’s public debt is failure to achieve the targeted economic growth rate and the resulting tax collection shortfall, Finance Minister Đinh Tiến Dũng said.

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Vietnamese banks’ growth unsustainable

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Báo Đầu Tư English 7 day(s) ago

Profits in 2016 showed that banks had good performance, but the growth in expenditures is higher than that of profit, which raised questions about the effectiveness of banks’ operations.

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Government mulls safeguards to protect domestic carmakers

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Báo Đầu Tư English 1 week(s) ago

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.

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Tax exemption for a number of goods imported from Cambodia

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Báo điện tử CP English 1 week(s) ago 3 related news

VGP – The Government has recently issued Decree No. 24/2017/ND-CP stipulating special preferential import tariff to implement the agreement signed between Viet Nam and Cambodia in 2016 on the acceleration of bilateral trade.

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Farmers hail land tax waiver

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Báo Đầu Tư English 1 week(s) ago

An estimated 12.5 million people will be eligible for agriculture land tax exemption, leaving merely 77,000 people still subject to this tax.

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Negotiations continue for Vietnam airports group share sale

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SaiGon GP English 1 week(s) ago 1 related news

The Airports Corporation of Vietnam (ACV) and France’s airport authority Aéroports de Paris (ADP) are still in negotiations on the sale of ACV shares.

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Thai cement acquisitions: a questionable decision

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Báo Đầu Tư English 1 week(s) ago

The two biggest Thai cement companies were recently involved in million dollar takeovers of two cement companies in Vietnam, but in the face of the domestic cement glut and the bad business results of Vietnamese companies in the industry, was this really a smart move?

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Domestic revenue reaches $7.17 billion in first two months

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SaiGon GP English 1 week(s) ago

Domestic revenue was estimated to reach VND63,500 billion (US$2.79 billion) in February and VND163,100 billion ($7.17 billion) in the first two months this year, reported the General Department of Taxation.

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Earning VND2 billion via Facebook, millionaires still can evade tax

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Báo Đầu Tư English 2 week(s) ago

About 50 dollar millionaires in Vietnam earn billions of dong a month via Facebook, according to a Facebook representative. However, the taxation body said it cannot collect taxes from these sellers.

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Singapore says Reuters report on water price protest misleading

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Báo Dân Trí English 2 week(s) ago

Singapore's police took issue on Sunday with a Reuters report on a public protest over water price increases, saying it presented a "false and misleading" picture of the use of Speakers' Corner, a designated place for citizens to speak publicly on issues.

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Sale of cars down despite price drop

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Báo Đầu Tư English 2 week(s) ago

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold more than 17,600 cars in February, down 13 per cent from the previous month.

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Gov’t releases resolution on February regular meeting

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Báo điện tử CP English 2 week(s) ago 5 related news

VGP – Production acceleration, supervision of SOEs, more credit for high-tech farming topped the Government’s February regular meeting.

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Italy proposes €100,000 flat tax to draw foreigners

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Báo Đầu Tư English 2 week(s) ago

ROME: Italy on Wednesday (Mar 8) introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers.

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ADB continues infrastructure investment in VN

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Báo điện tử CP English 2 week(s) ago 3 related news

VGP – Viet Nam should continue to implement fiscal reforms in order to bridge its infrastructure investment gap.

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ADB continues infrastructure investment in Vietnam

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

The Asian Development Bank (ADB) will continue its support for infrastructure development in Vietnam, said ADB Vice President for Knowledgement Management and Sustainable Development Bambang Susantono at a press conference on March 8.

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