National Assembly Chairman Vuong Dinh Hue hosted a reception in Hanoi on April 7 for Attorney Chung Kye-sung, a senior partner and the chair of the Finance Practice at Kim & Chang, the leading law firm in the Republic of Korea.
The global supply chain crisis, the global agreement on minimum corporate tax rate and the record high price of bitcoin are among the top 10 world economic events this year as selected by the Vietnam News Agency (VNA).
The Vietnam Institute for Economic and Policy Research (VEPR), in coordination with Oxfam, Prakarsa, Tax and Fiscal Justice Asia (TAFJA) and Vietnam Tax Justice Alliance (VATJ), on June 25 announced research outcomes on the case of corporate tax incentives in the ASEAN towards sustainable tax policies in the ASEAN Region.
Indonesia will issue larger tax breaks to cover 11 business sectors which are similar to the incentives given to manufacturing industries to help companies weather impacts from the COVID-19 pandemic.
The business community in Hai Phong has made great contributions to the northern port city’s development, said Chairman of the municipal People’s Committee Nguyen Van Tung.
The People’s Committee of the southern industrial province of Dong Nai held a dialogue on August 28 with locally-based Japanese firms with the aim of removing obstacles for the firms’ operation.
The People’s Committee of the central province of Quang Tri has decided to build a hydropower plant worth nearly 600 billion VND (26.4 million USD) in Huong Hoa district.
The Taxation Department of the northeastern coastal province of Quang Ninh has taken measures to deal with tax arrears of businesses in order to fulfil the state budget collection target this year.
International delegates attending the APEC Finance and Central Bank Deputies’ Meeting (FCBDM) spoke highly of four priorities for APEC cooperation initiated by Vietnam in 2017, including Long-term Investment in Infrastructure, Base Erosion and Profit Shifting, Disaster Risk Financing and Insurance and Financial Inclusion.
Entrepreneurs are hailing a national plan to reduce corporate income tax for small- and medium-sized enterprises from 20 percent to 17 percent starting next year.
Politics
