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Tag: cuts

2% VAT cut proposal submitted to National Assembly
2% VAT cut proposal submitted to National Assembly

VOV.VN - Minister of Finance Ho Duc Phoc, on behalf of the government, presented a revised proposal concerning a 2% value added tax to 8% at the ongoing session of the National Assembly in Hanoi on May 24.

2% VAT cut proposal submitted to National Assembly

2% VAT cut proposal submitted to National Assembly

Over 200 firms to attend HCM City international exhibition of food and beverages
Over 200 firms to attend HCM City international exhibition of food and beverages

VOV.VN - More than 200 domestic and international firms are expected to gather at the Ho Chi Minh City international exhibition of food and beverages, scheduled for June 28 to June 30, heard a press conference held on May 19.

Over 200 firms to attend HCM City international exhibition of food and beverages

Over 200 firms to attend HCM City international exhibition of food and beverages

Key lawmakers okay VAT cuts on selected goods and services
Key lawmakers okay VAT cuts on selected goods and services

VOV.VN - Most members of the National Assembly Standing Committee in their meeting on May 13 agreed with the Government’s proposal to slash the value added tax (VAT) by 2% to 8% but on selected provisions of goods and services.

Key lawmakers okay VAT cuts on selected goods and services

Key lawmakers okay VAT cuts on selected goods and services

Vietnamese culture introduced at Spotlight International Art 2023
Vietnamese culture introduced at Spotlight International Art 2023

VOV.VN - The Vietnamese Embassy in Mongolia introduced the nation’s lands and traditional culture to international friends at the Spotlight International Art 2023 held in Ulaanbaatar on May 7.

Vietnamese culture introduced at Spotlight International Art 2023

Vietnamese culture introduced at Spotlight International Art 2023

Lawmakers to consider Government’s VAT cut proposal in May
Lawmakers to consider Government’s VAT cut proposal in May

VOV.VN - The government is drafting a National Assembly resolution on slashing the value added tax to 8% from the current 10% to support businesses and people.

Lawmakers to consider Government’s VAT cut proposal in May

Lawmakers to consider Government’s VAT cut proposal in May

Further interest rate cut may be soon: central bank deputy governor
Further interest rate cut may be soon: central bank deputy governor

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Further interest rate cut may be soon: central bank deputy governor

Further interest rate cut may be soon: central bank deputy governor

Export target set at US$393-394 billion in 2023: Ministry
Export target set at US$393-394 billion in 2023: Ministry

The Ministry of Industry and Trade plans to set a target of 6% growth in export value this year, considering unpredictable factors that can affect import-export, according to Deputy Minister Do Thang Hai.

Export target set at US$393-394 billion in 2023: Ministry

Export target set at US$393-394 billion in 2023: Ministry

VAT reduction helps economic recovery
VAT reduction helps economic recovery

Reducing the VAT (value added tax) by 2% has been the most practical solution to stimulate consumption and production.

VAT reduction helps economic recovery

VAT reduction helps economic recovery

Vietnam to cut short petroleum price adjustment cycle
Vietnam to cut short petroleum price adjustment cycle

VOV.VN - The Government will consider shortening the petroleum price adjustment cycle to match the actual situation in the market, said Prime Minister Pham Minh Chinh.

Vietnam to cut short petroleum price adjustment cycle

Vietnam to cut short petroleum price adjustment cycle

Vietnam ensures sufficient supply of petroleum for use until year end
Vietnam ensures sufficient supply of petroleum for use until year end

VOV.VN - The Ministry of Industry and Trade has affirmed that it can guarantee the supply of petroleum for the domestic market until the end of the year.

Vietnam ensures sufficient supply of petroleum for use until year end

Vietnam ensures sufficient supply of petroleum for use until year end

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