Saturday, April 20, 2019 - 20:02:11

value added tax

Practical reforms required for better agriculture: Gov't

Business

Practical reforms required for better agriculture: Gov't

The Prime Minister, the Government and enterprises want ministries and agencies to carry out practical reforms, particularly those removing unnecessary administrative procedures, to create a better business climate in agriculture, a Government official said.

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.

Cigarette smuggling remains unabated

Society

Cigarette smuggling remains unabated

Cigarette smuggling has caused a loss of thousands of billions of Vietnamese dong each year for the State, according to figures released by the Vietnam Tobacco Association at a symposium held on July 23 in the Mekong Delta city of Can Tho.

VAT increase not promote economic growth: report

Business

VAT increase not promote economic growth: report

Increasing value-added tax (VAT) does not help boost economic growth, but it can increase the poverty rate, said a report announced by the Vietnam Institute for Economic and Policy Research (VEPR) under the University of Economics and Business - Vietnam National University in Hanoi on June 28.

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.