HCM City wants tax reduction for COVID-19 affected businesses Business

HCM City wants tax reduction for COVID-19 affected businesses

The Ho Chi Minh City People’s Committee has made several suggestions for the Ministry of Finance’s decree to support businesses and individuals affected by the COVID-19 pandemic, including ensuring bank lending rates are no more than 2 percent higher than deposit interest rates.
Support industry development policy need to be part of life  Business

Support industry development policy need to be part of life

The Government have issued a host of preferential policies for businesses operating in supporting industries over the past time. However, their beneficiaries have said it is difficult for them to access incentives and support from these policies.
Vecom question tax regulations Business

Vecom question tax regulations

The Vietnam e-Commerce Association (Vecom) said that a number of regulations in Circular 40 were not yet feasible, which could impact activities of hundreds of thousands of individuals doing business on e-commerce floors.
Tax cut welcome but not enough: businesses Business

Tax cut welcome but not enough: businesses

The Government's 30 percent corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts.