Key tasks of the General Department of Taxation in 2021 include tax management and tax collection from online business activities, and from individuals and businesses with revenue generated from Facebook, Google and YouTube. The tax authorities of Vietnam collected 1,314 billion VND from businesses that signed online advertising contracts with foreign organizations that did not […]
Read MoreVietnam Airlines has resumed commercial services after a break of nearly two years, with direct flights between Phnom Penh and Ho Chi Minh City. The first flight left Phnom Penh International Airport at 17:40pm on Saturday, arriving just over an hour later at Tan Son Nhat Airport. There were 121 passengers on board flight VN852. […]
Read MoreThe total new, adjusted capital and share purchases by foreign investors reached 31.15 billion USD as of December 20, up 9.2 percent annually, reported the Foreign Investment Agency (FIA). Specifically, as many as 1,738 projects received investment licenses with a total registered capital of over 15.2 billion USD, down 31.1 percent in volume and up […]
Read MoreThis year, tax revenue was estimated at VND1,510 trillion ($66.1 billion), exceeding the year’s estimate by 12.47%. The upcoming tax cut package for businesses and people affected by the pandemic in 2022 could worth up to VND60 trillion (US$2.62 billion), nearly triple the size of a similar program this year, or VND21.6 trillion ($945 million). […]
Read MoreA shift to the local market should be a long-term solution for Vietnam to avoid a similar situation at border gates with China in the future. Vietnamese Government agencies are urged to actively work with their Chinese counterparts to resolve the current congestion at Vietnam-China border checkpoints, while businesses should refrain from sending more trucks […]
Read MoreVietnam’s strong macro-economic fundamentals mean the country continues to be an attractive destination for investors in the mid-and long term. Both international and domestic experts shared the view that the Government’s GDP growth target of 6-6.5% for 2022 is within reach but would require substantial efforts to address existing bottlenecks. Following the turbulent year of […]
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