HANOI — The Ministry of Industry and Trade (MoIT) on Monday issued the Circular No.04/2018/TT-BCT on not applying import tariffs on salt and poultry egg products originating from ASEAN countries. These products must meet the provisions on origin of goods in the ASEAN Trade in Goods Agreement and must have the certificate of origin, Form […]
Read MoreThe Hanoitimes – Prime Minister Nguyen Xuan Phuc affirmed that the government will continue to boost tax policy reforms and reduce corporate tax rate to 15-17 percent from the current 20-22 percent. It will be among efforts that the government will take to continuously improve Vietnam’s business environment, aimed to join in the group of ASEAN’s […]
Read MoreCambodia has signed a double taxation agreement with Vietnam that protects each country’s nationals from dual taxation, according to a news release from the General Department of Taxation released on Tuesday. The agreement was signed on Saturday on the sidelines of the Greater Mekong Subregion Summit held in Hanoi. Chou Vichith, secretary of state at […]
Read MoreThe Hanoitimes – Moody`s Investors Service on its latest assessment in April 3 stated that the Government of Vietnam`s (B1 positive) credit profile reflects the economy`s robust growth trends. These trends are spurred in turn by the country’s increasing competitiveness and a rapid economic transition away from traditional sectors such as agriculture into manufacturing, and further […]
Read MoreLaos has become the top destination for outbound investment from Vietnam as a result of the enhanced special solidarity and comprehensive cooperation between the two countries. Vietnamese companies invested almost US$150 million in 28 projects in 16 countries and territories from January to March, according to a Vietnam News report. The Vietnamese Ministry of Planning […]
Read MoreThe Hanoitimes – The State Bank of Vietnam has tightened lending regulations, not allowing credit institutions and foreign bank branches to disburse loans in cash effective from April 2 this year, according to a new circular. Under Circular No.21/2017/TT-NHNN, which stipulates the mode of disbursement of loans by credit institutions and foreign bank branches to customers, […]
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