The General Department of Vietnam Customs and the US Embassy in Vietnam held a ceremony on January 8 for the former to receive Commodity Identification Training (CIT) equipment worth nearly 40,000 USD from the US Government.
The Government’s recently-issued Decree 132/2020/ND-CP would help prevent transfer pricing and limit thin capitalisation to develop a healthy investment market, Deputy Director of the General Department of Taxation Dang Ngoc Minh said.
Vietnam has done well on the Commitment to Reducing Inequality Index (CRII), coming second within ASEAN, and ranking 77 out of 158 countries this year, according to a new analysis from Oxfam and the Development Finance International which was released on October 8.
The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut for small and medium-sized enterprises (SMEs) by half this year in an effort to boost growth when the COVID-19 pandemic eases.
About 700,000 enterprises are expected to enjoy a cut in corporate income tax (CIT) to between 15-17 percent from July 1 this year, down from the current rate of 20 percent.
Prime Minister Nguyen Xuan Phuc on April 8 approved Decree No 41/2020/ND-CP on the extension of deadlines for tax and land use fee payments to support businesses suffering from the COVID-19 pandemic.
Prime Minister Nguyen Xuan Phuc has signed a decision to approve the Da Nang Information Technology Park (DITP) as a centralised information technology (CIT) zone.
The southern economic hub of Ho Chi Minh City attracted 3.21 billion USD in foreign direct investment (FDI) in the first six months of 2019, a year-on-year rise of 20 percent, according to the municipal People’s Committee.
The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 percent to 15-17 percent.
The central city of Da Nang has introduced a number of open-door policies to lure investors in 2018, which has been set by the city as a year of investment attraction.
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
A series of cultural and entertainment activities and art performance shows will be organised in Ho Chi Minh City to commemorate the death anniversary of Hung Kings in 2018.
The US’s recent ruling to impose unprecedentedly high anti-dumping duties on tra fish fillets from Vietnam lacks a legal basis, said the Agro Processing and Market Development Authority (APMDA) under the Vietnam Ministry of Agriculture and Rural Development (MARD).
The US’s recent ruling to impose unprecedentedly high import duties on frozen Tra fish fillets from Vietnam shows a level of unfairness and is not in line with the usual antidumping law provisions.
Though Vietnam remains a big importer of textile feedstock and accessories from China, its rising exports to China is a promising sign, according to the Vietnam National Textile and Garment Group.
Prime Minister Nguyen Xuan Phuc and Deputy Prime Minister Truong Hoa Binh offered incense to commemorate late Government and State leaders in Ho Chi Minh City on February 10 on the occasion of the upcoming Lunar New Year (Tet) 2018.
In the latest draft of Law on Corporate Income Tax, the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
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