FPT’s profit up by nearly 19 percent in Q1 Business

FPT’s profit up by nearly 19 percent in Q1

FPT Corporation achieved revenue of 6.63 trillion VND (282.6 million USD) and pre-tax profit of 1.14 trillion VND (48.6 million USD) in the first quarter of the year, a year-on-year increase of 17 percent and 18.9 percent, respectively, surpassing 2 percent of its target.
Vietnam exerts pressure on Google’s YouTube advertisers Business

Vietnam exerts pressure on Google’s YouTube advertisers

The Ministry of Information and Communications (MIC)’ Authority of Broadcasting and Electronic Information (ABEI) has ordered tens of domestic and foreign brands to not advertise on video clips that contain anti-State propaganda on YouTube, a video-sharing platform.
Vietnam to facilitate sharing economy Business

Vietnam to facilitate sharing economy

Vietnam will create conditions for the development of a sharing economy, Deputy Prime Minister Vuong Dinh Hue said at a recent conference about the compilation of a sharing economy model.
HCM City to auction bus advertising space again Business

HCM City to auction bus advertising space again

The three unsold packages for leasing advertising space on Ho Chi Minh City’s public buses will be put up for auction for a fourth time this month following three earlier unsuccessful attempts, according to the municipal Department of Transport.
Finance Ministry proposes tax law changes Business

Finance Ministry proposes tax law changes

The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.
Thailand considers e-commerce taxation ASEAN

Thailand considers e-commerce taxation

The Revenue Department (RD) of Thailand is considering ways to improve and increase revenue collection from businesses operating in electronic commerce (e-commerce).
Indonesia taxes Google World

Indonesia taxes Google

Indonesia’s government has tightened its tax collection policy on high-technology enterprises in the country, starting with the US-based technology giant Google, as the companies have not paid enough to the government despite their expansion.