Japanese investment in Vietnam on the rise in 2019 Business

Japanese investment in Vietnam on the rise in 2019

Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.
New mechanisms to keep maritime transport sector afloat Business

New mechanisms to keep maritime transport sector afloat

Although there have been some positive signs in recent years, Vietnam’s sea transport sector still face difficulties with many enterprises suffering heavy losses. The maritime industry is proposing support mechanisms to help the sector out of its stagnant state.
Uber BV completely pays off tax arrears Business

Uber BV completely pays off tax arrears

The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of 53 billion VND (2.26 million USD), immediately after the firm withdrew its petition against the Ho Chi Minh City’s Department of Tax department.
Tax, investment changes concern foreign firms Business

Tax, investment changes concern foreign firms

The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
 Experts’ reactions to MoF tax plan mixed Business

Experts’ reactions to MoF tax plan mixed

Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.
MoF wants hike in tax on capital/securities trade income Business

MoF wants hike in tax on capital/securities trade income

The Ministry of Finance has proposed the Government raise the individual income tax imposed on capital/securities transfer to 2 percent for trades not registered to the Vietnam Securities Depository (VSD) and not made on the securities market.
Long An Border Gate a key economic hub Business

Long An Border Gate a key economic hub

The Long An Border Gate Economic Zone in the Mekong Delta province of Long An is identified as an economic, cultural-social centre in the province, an official said.