30 biggest tax payers honoured Business

30 biggest tax payers honoured

Thirty biggest tax payers over the past three decades were honoured with certificates of merit during a ceremony in Hanoi on October 5.
Taxes lost from e-commerce sector during COVID-19 Business

Taxes lost from e-commerce sector during COVID-19

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce as there are no specific regulations on the sector.
Tax policies must support firms to boost revenue: official Business

Tax policies must support firms to boost revenue: official

The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister of Finance Tran Xuan Ha has said.
Four-month State budget revenue drops as Gov’t offers tax relief Business

Four-month State budget revenue drops as Gov’t offers tax relief

The State budget revenue in January – April was estimated to total 491.38 trillion VND (21.05 billion USD), representing a drop of 5.9 percent against the same period last year, as the Government offered tax relief to support those affected by the COVID-19 pandemic, according to the Ministry of Finance.
Cambodia offers tax exemption for tourism services World

Cambodia offers tax exemption for tourism services

The Cambodian government on April 21 announced a three-month tax exemption for hotels, guesthouses, restaurants and travel agencies in Phnom Penh and several provinces as the COVID-19 pandemic hit the country's tourism industry hard.
Ministry to support businesses to ensure budget revenue Business

Ministry to support businesses to ensure budget revenue

The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.