VOV.VN - A range of local agricultural products are set to enjoy tax incentives brought about by the European Union-Vietnam Free Trade Agreement (EVFTA) following the recent export of the first batch of Vietnamese shrimp to the EU market.

The Vietnam Oil and Gas Group (PetroVietnam) on September 1 reported an oil equivalent output of 7.76 million tonnes in the first eight months of this year, 8.2% higher than the set target.

Vietjet Aviation Joint Stock Company (HoSE: VJC) recorded lower-than-expected loss of VND1.44 trillion (about US$62 million) for its air transport activities in the first half of 2020.

VOV.VN - Indonesia is poised to officially apply import tariffs on tiles and ceramics coming from Vietnam and India, with the policy set to come into force on September 1.

While local export products have been facing more anti-dumping investigations and tax evasion cases in foreign countries, Vietnamese enterprises are still unaware of the risk.

The Vietnam National Textile and Garment Group (Vinatex) set a goal of achieving VND381.6 trillion (US$16.4 billion) in consolidated pre-tax profit in 2020, during its annual general meeting of shareholders on August 18.

After collecting US$11.6 million from violations since early 2020, the General Department of Taxation (GDT) said it would reduce regular tax checks at businesses to help them focus on production to overcome the COVID-19 pandemic.

The COVID-19 pandemic has become a golden opportunity for e-commerce trading floors, as well as social networks such as Facebook. However, the country has lost billions of dong in tax revenue due to e-commerce.

A decree has been published to guide the implementation of a National Assembly resolution offering firms a 30 per cut corporate income tax (CIT) cut.

The Government’s policy of a five-month extension for tax payment deadlines did not attract a large number of firms.