Vietnam could achieve higher growth
09:44 | 16/12/2013 Economy
(VEN) - The World Bank’s Lead Economist for Vietnam Sandeep Mahajan confirmed that Vietnam could achieve higher GDP growth in the World Bank’s Taking Stock report.
Low-revenue businesses declare taxes every quarter
15:19 | 13/12/2013 Economy
(VEN) - The Ministry of Finance recently made public its Circular 156/TT-BTC, which would take effect on December 20 guiding the implementation of several articles of the Tax Administration Law, the Law on Amending and Supplementing Several Articles of the Tax Administration Law, and Governmental Decree 83/2013/ND-CP dated July 22, 2013.
VBF 2013: Towards a favorable business environment
11:10 | 12/12/2013 Economy
(VEN) - The annual Vietnam Business Forum (VBF) was recently organized by the Ministry of Planning and Investment, the World Bank and the International Finance Corporation (IFC). VBF 2013 took place on the threshold of the Consultative Group (CG) Meeting for Vietnam, which has been renamed Vietnam Development Partnership Forum (VDPF).
New tax calculation method
10:22 | 12/12/2013 Economy
(VEN) - The General Department of Taxation issued legal documents on how to calculate corporate income tax (CIT) and personal income tax (PIT) in case of individual transfers their land use right to business.
Ba Ria-Vung Tau:Japanese investors feel happy
08:01 | 11/12/2013 Economy
(VEN) - Ba Ria-Vung Tau Province’s appropriate infrastructure investment, favorable seaports and transportation links, and abundant labor resources are considered local strengths that satisfy Japanese investors.
Tan Thuan EPZ pioneers in development
11:15 | 10/12/2013 Economy
(VEN) - As the country’s first export- processing zone, Tan Thuan Export Processing Zone (Tan Thuan EPZ) has significantly contributed to the development of Ho Chi Minh City (HCMC) and given important lessons in practical development of industrial parks (IPs) and EPZs in the country’s industrial development.
Tax exemption for households providing accommodation rental
16:08 | 09/12/2013 Economy
(VEN) - The Ministry of Finance officially submitted to the government a draft decree guiding the implementation of state budget revenue according to a resolution of the National Assembly, including tax exemption (value added tax and personal income tax) for households providing accommodation rental and corporate income tax exemption in 2013 and 2014 for firms supplying meals for shift workers.
Vietnam develops towards sustainability
15:06 | 09/12/2013 Economy
(VEN) - Prime Minister Nguyen Tan Dung attended and delivered an important speech at the Vietnam Development Partnership Forum chaired by the Ministry of Planning and Investment and the World Bank Vietnam in Hanoi.
Enhancing capital inflow into Izs
11:25 | 04/12/2013 Economy
(VEN) - Vietnam has 289 industrial zones (IZs), of which 184 have begun production and or trading activities and others are under infrastructure construction. While IZs contributed greatly to economic development they achieved a modest occupancy rate of 60 percent.