Tuesday, April 23, 2019 - 7:52:59

Vietnam’s business climate

Enterprises relish low corporate income tax

Business

Enterprises relish low corporate income tax

A recently-released World Bank report showed that Vietnam’s effective corporate income tax rate (CIT) stands at 15.7 percent, proving to be more attractive than Singapore (17 percent), Indonesia (16.7 percent), Thailand (17.9 percent) and Malaysia (21 percent).