The General Department of Taxation must hasten reforms to create a favourable environment for enterprises to recover their business from the ravages of the COVID-19 pandemic, which was critical to increase tax revenue, Deputy Minister of Finance Tran Xuan Ha has said.
Tax policies are being specified while customs procedures simplified to improve the legal framework to facilitate the European Union – Vietnam Free Trade Agreement (EVFTA) enforcement.
Fertilizer producers have petitioned lawmakers to add fertilizer to the list of products subject to value added tax (VAT), reports the website of the Ministry of Industry and Trade.
The Hanoi Taxation Department shared information about tax policies of Vietnam and Hanoi in particular with the Japanese firms operating in the capital city during a seminar on August 10.
The Ministry of Industry and Trade is crafting a new strategy to protect the auto industry with tax policies at its centre, Sai Gon Times Weekly reported.
Economists and representatives of Vietnamese automobile enterprises believe the threatened departure of foreign automobile manufacturers would not be a problem for Vietnam.
Japanese automobile manufacturers have discussed the possibility of relocating their factories to regional countries because of Vietnam’s weak supporting industries.
Ho Chi Minh City’s tax and customs officials have held a dialogue with overseas Vietnamese (OV) businesses in the city to help them tackle obstacles and difficulties.
The domestic used-car market is busy with total value of US$3 billion a year as estimated by Anycar Vietnam JSC.
It was critical for Vietnam to tighten natural resources consumption tax policies to improve budget collection from exploitation activities, while a number of resources were facing exhaustion, experts said.
VOV.VN - The Embassy of Vietnam has held a forum in Genova, Italy to promote investment in Vietnam. It was attended by many local companies which were interested in doing business in the country.
Inconsistencies in investment incentives have been one of the concerns for foreign direct investment (FDI) enterprises, participants heard at a recent conference on tax policies held in Hanoi.
A dialogue was held on June 26 in Ho Chi Minh City between domestic enterprises working in the city’s export processing and industrial zones and several involved bodies concerning governmental regulation and tax policies.
(VOV) - Quang Ninh Provincial Party officials and over 300 members of the local business community gathered for a dialogue on April 12 discussing alternative methods to promote business and production in the province.
A total of 100 Japanese firms operating in the southern province of Binh Duong discussed issues regarding tax policies and export-import procedures at a dialogue on March 19.
(VOV) - As many as 300 delegates and 200 senior tax experts are expected to gather in Hanoi for the 21stannual conference of the Asia-Oceania Tax Consultants Association (AOTCA 21) from October 17-18.
The Ministry of Finance (MoF) held a dialogue with businesses from the Republic of Korea (RoK) businesses in Ho Chi Minh City on September 21 on tax policies and administrative procedures.