Vietnamese firms urged to make best use of CPTPP Business

Vietnamese firms urged to make best use of CPTPP

Preferential export taxes offered by CPTPP are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade.
Reduction of corporate income tax proposed Business

Reduction of corporate income tax proposed

Almost all Vietnamese businesses are small and medium-sized, contributing greatly to the economy. Therefore, stimulating these businesses has played an important role in economic development.
Workshop seeks ways to boost exports to RoK Business

Workshop seeks ways to boost exports to RoK

A workshop was held in Hanoi on April 24 to seek ways to bolster exports by Vietnamese businesses to the Republic of Korea (RoK). It was organised by the Vietnam Chamber of Commerce and Industry (VCCI), with the participation of about 80 domestic firms in numerous sectors.
Ministry works to implement SME support law effectively Business

Ministry works to implement SME support law effectively

The Ministry of Planning and Investment (MPI) held a workshop in Hanoi on September 19 to provide updates on the Law on Support for Small- and Medium-sized Enterprises and its enforcement in order to solve some of the issues that have arisen during its implementation.
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.