Wednesday, June 26, 2019 - 17:18:18

tax payments

Bad debt handling to be audited

Business

Bad debt handling to be audited

The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Vietnam (SAV).

Customs authorities to stop accepting cash

Business

Customs authorities to stop accepting cash

Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a requirement recently issued by the General Department of Vietnam Customs.

State SoE committee moves online

Business

State SoE committee moves online

The operation of State-owned enterprises (SoEs) will be performed in an online management system according to the standards of the Organisation for Economic Co-operation and Development starting in January 2019.

Business prerequisites still too costly: CIEM

Business

Business prerequisites still too costly: CIEM

Progress on deregulation of business prerequisites was still much below the goal, requiring greater cost-cutting efforts for businesses, the Central Institute for Economic Management (CIEM) told a conference in Hanoi on November 14.

HCM City experiences pressure from budget collection

Business

HCM City experiences pressure from budget collection

Although completing the majority of its economic targets for 2018, Ho Chi Minh City is still burdened with heavy pressure from its budget collection, said Nguyen Thanh Phong, Chairman of the municipal People’s Committee at a meeting on November 1.

State Audit completes 96 percent of annual plan

Business

State Audit completes 96 percent of annual plan

The State Audit of Vietnam (SAV) has carried out 222 audits out of total 232, equivalent to 95.7 percent of its yearly plan, recovering nearly 8.4 trillion VND (360.5 million USD) for the State budget in the last nine months.

Cashless payment needs a boost in rural areas

Business

Cashless payment needs a boost in rural areas

Vietnam is entering the Fourth Industrial Revolution with the participation of all sectors, including the banking system; however, non-cash payment has seen development stall as the country’s population has not yet embraced its benefits.

PM tells authorities to investigate tax evasion

Business

PM tells authorities to investigate tax evasion

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Finance (MOF) and General Department of Taxation (GDT) to study media reports on transfer pricing of foreign direct investment (FDI) enterprises and tax policy.

Fertiliser stocks shoot up due to VAT change

Business

Fertiliser stocks shoot up due to VAT change

Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 percent.