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Cassava exports plummet during five-month period

Cassava exports plummet during five-month period

VOV.VN - Vietnam’s exports of cassava and cassava-based products suffered a remarkable drop during the first five months of the year, according to the Ministry of Agriculture and Rural Development.

Proposed soft drink tax remains controversial

Proposed soft drink tax remains controversial

While the taxation agency insists on imposing a luxury tax on soft drinks, some experts warn that the move could lead to Vietnam being accused of discriminatory treatment.

VAT increase not promote economic growth: report

VAT increase not promote economic growth: report

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.

Producers want fertilizer to be subject to VAT

Producers want fertilizer to be subject to VAT

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.

Experts’ reactions to MoF tax plan mixed

Experts’ reactions to MoF tax plan mixed

Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.

Finance Ministry backs down on VAT

Finance Ministry backs down on VAT

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.

Enterprises plagued by unclear tax and fee regulations

Enterprises plagued by unclear tax and fee regulations

While the Vietnamese government is making great efforts to improve the country’s business and investment climate, unclear tax- and fee-related regulations are tormenting local firms planning to expand.

Experts: Fertiliser tax does more good than harm

Experts: Fertiliser tax does more good than harm

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.

Business leaders speak out against irrational charges

Business leaders speak out against irrational charges

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.

Thai cement acquisitions: a questionable decision

Thai cement acquisitions: a questionable decision

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?