The Government needs to have more practical and quicker support policies to help businesses, especially small ones, recover from the effects of the COVID-19 pandemic, business executives have said.
The Ho Chi Minh City Real Estate Association (HoREA) has urged the Government to add the property industry to the list of those affected by the COVID-19 outbreak and are eligible for a five-month postponement of value-added tax and land-use fee payments.
Royal International Corporation, which runs the Casino Gaming Club in Ha Long City, has violated several tax regulations, provincial authorities say.
Businesses in Vietnam are facing difficulty in finding suitable commercial or office space as the rental rates have skyrocketed, especially in big cities.
Increasing value-added tax (VAT) does not help boost economic growth, but it can increase the poverty rate, said a report announced by the Vietnam Institute for Economic and Policy Research (VEPR) under the University of Economics and Business - Vietnam National University in Hanoi on June 28.
Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
The KPMG Vietnam Tax Institute 2017 series held its first session in Ho Chi Minh City recently, covering the most pressing issues of Vietnam’s tax system.
Vietnamese customs officials said they had seized nearly 17,000 contraband cigars found in the luggage of four Vietnamese passengers who were returning from Cuba to Hanoi on March 19.
Foreign-invested enterprises contributed the largest part of Ho Chi Minh City’s budget revenue last year, reported Saigon Giai Phong newspaper.
The National Assembly Standing Committee has declared Sunday May 22 as election day for deputies to the NA (14th tenure), and the People’s Councils at all levels for the 2016-2021 tenure.
Domestic fertiliser makers say they will face difficulties if they are not granted exemptions from value-added tax on input materials they need for production.
The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50% for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.
Ministries, agencies and localities should iron out snags in business production, support the market and solve bad debts.