Following the implementation of a provisional tax on imported fertilisers, more things need to be done to help balance benefits of both local producers’ and farmers’ benefits, industry insiders have agreed.
Leaders of the business community claim that reductions in taxes and fees and the removal of irrational business conditions should be among the key measures for the government to keep enterprises afloat.
The Ministry of Finance (MoF) has drafted a few adjustments to charges and fees in several sectors under its management.
Despite widespread public opposition to raising VAT rates, a World Bank chief economist argues otherwise.
The Ministry of Finance (MOF) is seeking approval to raise the VAT in 2019, raising concern among economists.
The two biggest Thai cement companies were recently involved in million dollar takeovers of two cement companies in Vietnam, but in the face of the domestic cement glut and the bad business results of Vietnamese companies in the industry, was this really a smart move?
Vietnam’s finance ministry has turned down a request made by local taxi companies to lower taxes to form a fair and competitive environment in the ride services market.
On February 24, 2017, the Vietnamese government released the new transfer pricing (TP) Decree No. 20/2017/ND-CP ‘Providing tax administration applicable to enterprises having controlled transactions’ (Decree 20), which will take effect from May 1, 2017.
The newly released Decree 03 stipulates that Vietnamese will be allowed to go to casinos during a trial period of three years. What will happen after that period?
Foreign-based online accommodation booking services will be the next to be targeted by Vietnamese tax authorities in an effort to improve fair competition for local businesses.
The customs sector collected VND261.49 trillion (US$12 billion) for the State budget this year to December 25, equal to 96.82% of the year target, according to the General Department of Vietnam Customs.
The Vietnamese legal entity of Singapore’s Grab ride-hailing mobile app, formerly GrabTaxi, is responsible for paying taxes on behalf of its partnered drivers, according to a guideline issued on November 10 by Vietnam’s taxation authority.
The government is set to increase State budget collections from the domestic sector to offset lower collections from imports and exports.
The company doesn't want to pay tax twice for sending out replacement phones.
Developer Nam Anh Real Estate Consultancy and Investment Corporation officially has launched 153 vacation villas and 25 commercial shop houses in The Coast Villas in Phu Quoc.
Domestic steel prices are expected to rise in the near future, thanks to increasing construction demand, the real estate market’s recovery and high consumption, Vietnam Steel Association (VSA) said.
AsiaReal and STDA, two official sale agents, will launch T&T Riverview housing project with competitive pricing in Melia Hanoi Hotel on July 30.
The death toll from Ecuador's weekend earthquake surpassed 500 and rescue efforts ebbed on April 20 as the traumatized Andean nation braced itself for long and costly rebuilding.
Businesses in Vietnam are disadvantaged when it comes to both paying taxes and getting refunds.
State and local rice firms should pay attention to developing domestic rice markets, as they have a great potential in the overall selling of rice, said experts.