Vietnam-US double taxation avoidance agreement approved
Vietnam-US double taxation avoidance agreement approved

The Government recently issued a resolution to ratify an agreement and a protocol on avoiding double taxation and preventing income tax evasion between Vietnam and the United States of America.

Vietnam-US double taxation avoidance agreement approved
Agro-forestry-fishery export value increases
Agro-forestry-fishery export value increases

The export value of agricultural, forestry and fishery products is estimated to see a year-on-year increase of 1.4% to US$4.3 billion in the first two months of 2017.

Agro-forestry-fishery export value increases
Telephone exports to RoK soar
Telephone exports to RoK soar

The Republic of Korea (RoK) surpassed the United Arab Emirates (UAE) to become the biggest importer of telephones and components from Vietnam in January, with revenue of nearly US$230 million, a year-on-year surge of 107.7%.

Telephone exports to RoK soar
City officials seek tax on sales via Facebook
City officials seek tax on sales via Facebook

HCM City officials are seeking ways to collect taxes from small- and home-based business owners who are selling merchandise on social media, such as Facebook, in a bid to reduce tax losses in the municipal budget.

City officials seek tax on sales via Facebook
HCM City and Hanoi lead e-business index
HCM City and Hanoi lead e-business index

HCM City and Hanoi continue to lead Vietnamese localities in e-commerce, The Vietnam E-commerce Association (Vecom) announced at the 2017 Vietnam Online Business Forum in Hanoi last week.

HCM City and Hanoi lead e-business index
Vietnam attends India-CLMV business forum
Vietnam attends India-CLMV business forum

 Deputy Minister of Industry and Trade Cao Quoc Hung has suggested India back four ASEAN members, namely Cambodia, Laos, Myanmar and Vietnam (CLMV).

Vietnam attends India-CLMV business forum
APEC committees, working groups finish 10th day of SOM 1
APEC committees, working groups finish 10th day of SOM 1

Seven APEC committees and working groups held meetings on February 27 – the 10th day of the first APEC Senior Officials’ Meetings (SOM 1) and related events in Nha Trang city, Khanh Hoa province.

APEC committees, working groups finish 10th day of SOM 1
Banks eye higher credit growth, profits
Banks eye higher credit growth, profits

Vietcombank has set itself a target of 18 percent credit growth this year and pre-tax profit of VND9.2 trillion (over US$405 million).

Banks eye higher credit growth, profits
Anti-dollarisation efforts face challenges
Anti-dollarisation efforts face challenges

The State Bank of Vietnam’s anti-dollarisation efforts have managed to keep the dong-dollar exchange rate fairly steady for a long time, thus helping stabilise the monetary market.

Anti-dollarisation efforts face challenges
Vietnam refinery predicts profit dips
Vietnam refinery predicts profit dips

Dung Quat Refinery in the central province of Quang Ngai is aiming to decrease its turnover by 17% this year, a 2017 target of VND62.4 trillion (US$2.77 billion).

Vietnam refinery predicts profit dips