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.
Committee urged to focus proposals on macro economy, financial market Business

Committee urged to focus proposals on macro economy, financial market

Prime Minister Nguyen Xuan Phuc has asked the National Financial Supervisory Committee to coordinate with competent ministries and agencies to give proposals to the Government and the PM on major economic issues, especially those regarding the macro economy and financial market supervision.
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.