Commercial banks are competing fiercely with each other to disburse car loans. Both lending interest rates and car prices are at a record low. The lending interest rates offered by banks are very reasonable. ShinhanBank offers three options with interest rates of 7.5 percent for the first 12 months, 8 percent for the first 24 […]
Read MoreTo own a super luxury car, one has to pay tens of billions of dong in taxes and fees, which are 3-4 times higher than imported car prices. Giving up the game Regal and Rolls-Royce Motor Cars Hanoi have announced the termination of their cooperation with Rolls-Royce Motor Cars (the UK). In 2013, Regal competed […]
Read MoreBusinesses following the sharing economy model are facing problems in tax declaration. Because of the lack of regulations, the taxation body may be taxing inaccurately or missing taxpayers. Difficult to collect tax The Ministry of Finance (MOF) has released a report on taxes and tax management in the sharing economy. The ministry says the current […]
Read MoreDemand for organic products has been rising sharply globally including in Vietnam, and this is good news for businesses investing in them, according to the Ministry of Agriculture and Rural Development. Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said the area under organic crops in the country had increased from 53,350ha in […]
Read MoreThe Hanoitimes – The economy is likely to stage a stronger recovery in Q4 this year, versus 2.6% y-o-y real GDP growth in Q3. Fitch Solutions, a subsidiary of Fitch Group, has revised down its forecast for Vietnam’s fiscal deficit in 2020 to 3.6% (excluding debt repayment) of GDP, from 6.4% previously, staying below the latest […]
Read MoreThe Ministry of Planning and Investment (MPI) is drafting a plan on solutions to take full advantage of the opportunities to be brought by the investment relocation wave after Covid-19 to develop supporting industries and develop an ecosystem for the automobile industry. It is expected that by 2025, Vietnam will be able to make highly competitive […]
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Thailand
