Thursday, October 18, 2018 - 22:59:26

National Financial Supervisory Committee

Lower corporate income tax on SMEs proposed

Business

Lower corporate income tax on SMEs proposed

Corporate income tax levied on small and medium–sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.

Bank profits enable rate cuts

Business

Bank profits enable rate cuts

The banking sector’s profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.

Exchange rates stable despite Fed rate hikes

Business

Exchange rates stable despite Fed rate hikes

The VND/USD exchange rates saw little changes this morning although the US Federal Reserve (Fed) raised interest rates on June 14 on the confidence in a growing economy and strengthening job market in the world’s biggest economy.

Consumption tax hike needed

Business

Consumption tax hike needed

Health activists say special consumption taxes imposed on alcohol, beer and tobacco should be increased to improve community health and tackle the national budget deficit.