PM approves double taxation avoidance agreement with Israel
The Prime Minister has approved the
double taxation avoidance agreement and contraband prevention,
targeting taxes levied on earnings and properties between Vietnam and
Israel.
The Prime Minister has approved the
double taxation avoidance agreement and contraband prevention,
targeting taxes levied on earnings and properties between Vietnam and
Israel.
The agreement was signed in Hanoi on August 4.
According to figures from the Ministry of Industry and Trade, Vietnam and Israel’s two way trade reached 163 million USD last year. Vietnam exported shoes, clothes, and agricultural products to Israel while importing hi-tech equipment, chemicals and fertilisers from the country.
Israeli companies have invested in some construction projects in Vietnam such as the Hanoi-based Landmark and the Ho Chi Minh City-based Capital Fund buildings.
Israel currently ranks 60th among 85 countries and territories investing in Vietnam with eight projects and a total registered capital of nearly 12 million USD./.
The agreement was signed in Hanoi on August 4.
According to figures from the Ministry of Industry and Trade, Vietnam and Israel’s two way trade reached 163 million USD last year. Vietnam exported shoes, clothes, and agricultural products to Israel while importing hi-tech equipment, chemicals and fertilisers from the country.
Israeli companies have invested in some construction projects in Vietnam such as the Hanoi-based Landmark and the Ho Chi Minh City-based Capital Fund buildings.
Israel currently ranks 60th among 85 countries and territories investing in Vietnam with eight projects and a total registered capital of nearly 12 million USD./.
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