Tags: vat

Legislators mull over proposed taxation regulations

Legislators mull over proposed taxation regulations

National Assembly deputies concentrated their attention on the draft law on amendments and supplements to some articles of the Laws on Taxation and the draft revised law on export and import tariffs during their plenary session in Hanoi on November 13.

Vietnam plans higher tax incentives for IT firms

Vietnam plans higher tax incentives for IT firms

The Vietnam Tax Consultants Association (VTCA) has completed the draft on the new tax policy for information technology (IT) firms as assigned by the government. It plans to give more tax incentives to encourage the development of the industry.

FPT wins US$34 million contract in Bangladesh

FPT wins US$34 million contract in Bangladesh

FPT Information System Company (FPT IS) beat five international contractors to win a US$33.6 million contract to provide, implement and maintain the Integrated VAT Administration System (IVAS) for the Bangladeshi government.

HCM City supports OV enterprises

(VOV) -Measures to resolve difficulties and support the business and investment activities of overseas Vietnamese (OV) enterprises were discussed in a conference held in Ho Chi Minh City on August 21.

Overseas Vietnamese receive car tax break

Overseas Vietnamese receive car tax break

Viet kieu (Overseas Vietnamese or OV), who are intellectuals, experts and skilled workers, have been granted a tax exemption on used cars they bring to Vietnam , according to a new Government decree.

Fertiliser firms seek VAT waiver on inputs

Fertiliser firms seek VAT waiver on inputs

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.

VAT refunds for foreigners at Phu Quoc Airport

VAT refunds for foreigners at Phu Quoc Airport

Foreigners and Vietnamese expatriates will receive value added tax (VAT) refunds for goods purchased in Vietnam when exiting the country through Phu Quoc International Airport in the Mekong Delta province of Kien Giang.

Vietnam on right track for tax reform

Vietnam is making appropriate strides in tax administrative procedure reform, said Joanna Nasr, a World Bank expert, at a workshop in Hanoi on January 15.

Vietnam-China trade fair reaps rich benefits

Vietnam-China trade fair reaps rich benefits

(VOV) - The Vietnam-China Border Trade Fair taking place on November 8-12 in Hekou, China has resulted in about 19 business deals worth US$440 million so far, according to the Lao Cai province Department of Industry and Trade.

RoK deemed to be key tourism market of Vietnam

RoK deemed to be key tourism market of Vietnam

(VOV) - A forum opened in Seoul, the Republic of Korea (RoK), on September 17 to introduce Vietnam’s tourism potential and create a forum for travel agents of the two countries to seek partnerships and boost cooperation.

Finance Ministry vows to boost tax reform

Finance Ministry vows to boost tax reform

(VOV) - The Ministry of Finance (MoF) will abolish unnecessary tax and customs procedures in an effort to facilitate business operations, said MoF Minister Dinh Tien Dung.

HCM City refunds US$1.4 million of VAT to foreigners

HCM City refunds US$1.4 million of VAT to foreigners

Ho Chi Minh City has refunded over VND30 billion (US$1.4 million) of value added tax (VAT) to foreigners exiting Vietnam through Tan Son Nhat International Airport border gate since July 1, 2012.

Lower VAT proposed for farm exporters

Lower VAT proposed for farm exporters

(VOV) -A targeted value added tax (VAT) reduction would help businesses upgrade technology and develop high value added products, participants at a February 13 meeting in Hanoi have suggested.

Customs collect US$7.27 billion in 9 months

Customs collect US$7.27 billion in 9 months

Taxes and duties collected in the first nine months of this year by the General Department of Customs rose 13.8 percent year-on-year to nearly VND160 trillion (US$7.27 billion), meeting only 67.6 percent of the annual target.

Budget deficit higher than expected

Budget deficit higher than expected

The State budget deficit was estimated to hit VND92.39 trillion (US$4.35 billion) in the first half of this year, equal to 57 percent of the annual plan set by the National Assembly.