Proposed solutions to ease difficulties for businesses
15:15 | 28/08/2014 Finance - Banking
(VEN) - The Ministry of Finance (MoF) recently submitted to the government some tax solutions helping businesses overcome difficulties. Accordingly, the MoF proposed a not more than 60 day extension of the time limit for paying the value added tax imposed on the import of machinery and equipment with total value of VND100 billion or higher.
Promoting VAT refund for foreigners
14:04 | 26/08/2014 Finance - Banking
(VEN) - The realization of value added tax (VAT) refund for foreigners buying goods in Vietnam and exiting the country proved that Vietnam’s tax policy has begun to meet international practices. However, only a modest number of visitors have taken advantage of the refund.
Capital solutions for the real estate market
11:39 | 19/08/2014 Finance - Banking
(VEN) - Encouraging the more healthy development of the real estate market and resolving the issue of bad debts will not only help warm up the property market but also help the financial market better grow, experts claimed at a recent Bank for Investment and Development of Vietnam (BIDV) seminar which analyzed Japan’s real estate and financial institution experience and policy implications for Vietnam recently held in Hanoi.
Controlling VTA refund frauds
11:25 | 15/08/2014 Finance - Banking
(VEN) - The Ministry of Finance recently issue Document 10024/BTC-TCT asking tax and customs authorities of centrally governed provinces and cities to take measures to control value added tax (VAT) refund frauds related to goods exported through overland border crossings.
Listed companies indicate a measure of the economy
14:21 | 14/08/2014 Finance - Banking
(VEN) - Despite decreases in the VN-Index in some trading sessions, the inflow of money into the Vietnamese securities market continued to grow in the recent period. The VN-Index has now reached 600 points on the Ho Chi Minh City Stock Exchange (HOSE). The business results of listed companies indicate optimistic signs for the Vietnamese economy.