Thaco launches made-in-Vietnam Kia Sedona Business

Thaco launches made-in-Vietnam Kia Sedona

Truong Hai Automobile Company (Thaco) rolled out the locally assembled Kia Sedona minivan at Chu Lai-Truong Hai Complex in the central coastal province of Quang Nam on October 29.
FPT wins 34 million USD contract in Bangladesh Business

FPT wins 34 million USD contract in Bangladesh

FPT Information System Company beat five international contractors to win a 33.6 million USD contract to provide, implement and maintain the Integrated VAT Administration System for Bangladesh.
HCM City supports OV enterprises Business

HCM City supports OV enterprises

Measures to resolve difficulties and support business and investment activities of overseas Vietnamese (OV) enterprises were discussed in a conference held in Ho Chi Minh City (HCM City) on August 21.
Overseas Vietnamese receive car tax break Business

Overseas Vietnamese receive car tax break

Viet kieu (Overseas Vietnamese or OV), who are intellectuals, experts and skilled workers, have been granted a tax exemption on used cars they bring to Vietnam , according to a new Government decree.
Da Nang diversifies tourism products Travel

Da Nang diversifies tourism products

The central city of Da Nang is diversifying a number of its high-quality tourism products and services to attract more visitors from home and abroad.
Business

Phu My optimistic of first-half results

The PetroVietnam Fertiliser and Chemicals Corporation (PVFC Co), better known as the Phu My Fertiliser (DPM), estimated its first-half revenues will reach 4.945 trillion VND (226.8 million USD) and pull in profits of 810 billion VND (37.2 million USD).
Business

VAT refunds for foreigners at Phu Quoc Airport

Foreigners and Vietnamese expatriates will receive value added tax (VAT) refunds for goods purchased in Vietnam when exiting the country through Phu Quoc International Airport in the Mekong Delta province of Kien Giang.
Business

Tax incentives proposed for spurring travel industry

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50 percent for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.
Business

Tax law amendments to assist businesses approved

Prime Minister Nguyen Tan Dung has approved the draft tax law amendments proposed by the Ministry of Finance as part of the government’s efforts to help local businesses overcome the current economic difficulties.