A number of enterprises have taken advantage of technology used for tax collection to avoid paying taxes.
Prime Minister Nguyen Xuan Phuc on July 19 called on the youth in Ben Tre province to intensify their pursuit of entrepreneurship for self-growth, making greater contributions to the society and the country.
In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, deputy director of the Central Institute for Economic Management (CIEM) Phan Duc Hieu said at a Hanoi-based conference on June 27.
The People’s Committee of the Central Highlands province of Dak Nong organised the second dialogue with enterprises on June 14 to collect feedback and address their difficulties in a bid to help them improve the efficiency of production and business activities.
While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour. Participants discussed this at a recent EuroCham workshop on changes in tax and customs regulations.
Prime Minister Nguyen Xuan Phuc hosted a meeting on May 17 with ministries and sectors to seek ways to address problems facing businesses.
VOV.VN - 2017 is considered a key to implementing Vietnam’s socio-economic development plan until 2020.
The annual dialogue between Prime Minister Nguyen Xuan Phuc and the business community will take place sometime between May 10 and 20, allowing firms to directly communicate with the Government.
Loss-making enterprises that are not eligible for privatisation must strictly implement restructure, merger or bankruptcy.
As many as 13,102 new enterprises were established in April, the highest figure in the past 12 months, representing a month-on-month rise of 8.9%, according to the General Statistics Office (GSO).
Up to 477,808 businesses had been operating nationwide throughout 2016, a year-on-year rise of 8%.
A Ho Chi Minh City leader has instructed all municipal departments and districts to map out specific plans and measures to encourage household businesses to transform into enterprises towards the goal of developing 500,000 enterprises by 2020.
Enterprises must adopt new business models and create value beyond the expectations of customers to succeed in today’s competitive, fast-changing environment, delegates said at a forum held in HCM City recently.
Small-sized enterprises are concerned that they would have to borrow from credit institutions at higher rates when new lending regulations take effect next month.
More than 30 enterprises in the Binh Duong southern industrial hub participated at a job fair on January 22, seeking 20,000 workers.
The bank – enterprise connection programme enabled around 22,000 businesses in Ho Chi Minh City to borrow over VND280 trillion (US$12.5 billion) from banks last year.
The Vietnam National Textile and Garment Group reported garment and textile enterprises have received enough orders to keep them busy through the first quarter of this year.
The nation is expected to see cement overcapacity from 2017 as production has increased strongly in recent times while Vietnamese cement has turned less competitive on the world market.
A programme designed to encourage stronger cooperation between farmers, cooperatives, and enterprises to develop safe and transparent agricultural supply chains was launched in Ho Chi Minh City on December 27.
Vietnam estimated to gain US$7.3 billion from the export value of wood and wooden products this year, a slight increase of 1% year on year, reported the Ministry of Agriculture and Rural Development’s General Department of Forestry.