Many businesses are running three production shifts a day to fulfill orders from Europe and the US. Some of them have enough orders for production until April 2022. The General Statistics Office (GSO) estimated that the industrial production index in October 2021 increased by 6.9 percent over the month before, while export turnover reached $27.3 […]
Read MoreWhen trading activities in the virtual environment yield huge profits, tax collection becomes a dilemma for many countries. The rapidly evolving digital economy has increased the complexity of tax collection and administration and has led to unfair competition. Collecting taxes from e-commerce activities is considered a global dilemma, because the current tax system is built […]
Read MoreThe Vietnamese Government promotes foreign investments in projects ranging from transport infrastructure to education, healthcare, and services worth over US$70 billion. Deputy Prime Minister Pham Binh Minh signed off Decision No.1831/QD-TTg announcing a portfolio of 157 national projects subject to foreign investment during the 2021-2025 period. These projects cover different fields including transport infrastructure, industrial […]
Read MoreAlong with digital transformation, smart city has become one of the global standards for development and a solution to optimize resources for sustainable growth. As Vietnam is pushing for digital transformation at a national scale, smart city development is in fact a digitalization process within each city or urban area. “The promotion of smart city […]
Read MoreThe request for a registration tax cut, if approved, will mostly benefit luxury car buyers. The Vehicles Importers Vietnam Association (VIVA) has sent a document to the Prime Minister and National Assembly on suggestions about the regulation on vehicle registration tax after hearing that the Government may, for the second time, ease the car registration […]
Read MoreTaxes and fees make up nearly 40 percent of the petrol price. The environmental protection tax is now at the ceiling level. Each liter of petrol sold bears a number of taxes, including import tax, special consumption tax, environmental protection tax and VAT (value added tax). There are also other items which are not taxed […]
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Thailand
