Vietnam’s ease of paying taxes improves: World Bank Business

Vietnam’s ease of paying taxes improves: World Bank

Thanks to the Government’s efforts to simplify tax compliance processes, Vietnam ranked 109th out of 190 countries and territories on ease of paying taxes in the World Bank’s Doing Business 2020 report (DB2020), up 22 places from the previous report.
Indonesia wants tech firms to pay VAT World

Indonesia wants tech firms to pay VAT

Indonesia is preparing a bill that will make tech firms such as Google and Amazon pay value added tax (VAT), according to Finance Minister Sri Mulyani Indrawati.
Thailand to revamp tax structure World

Thailand to revamp tax structure

The Thai Finance Ministry has set up a committee to shake up the tax structure of the Revenue Department, the Excise Department and the Customs Department, according to Finance Minister Uttama Savanayana.
Japanese investment in Vietnam on the rise in 2019 Business

Japanese investment in Vietnam on the rise in 2019

Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.
Costs cause seafood firms to sink Business

Costs cause seafood firms to sink

Rising production costs are harming the competitiveness of Vietnamese seafood products, according to experts. These include the prices of feed, material input, electricity and labour.