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Grab company asked to pay tax for partnered drivers in Vietnam

Grab company asked to pay tax for partnered drivers in Vietnam

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 Coast Villas in Phu Quoc officially on sale

The Coast Villas in Phu Quoc officially on sale

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.

Steel prices set to increase

Steel prices set to increase

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.

Local rice consumption grows

Local rice consumption grows

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.

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.