The Hanoitimes – Increasing online shopping has resulted in higher tax revenue. The amount of tax collected from e-commerce activities in 2020 was five times higher than in 2019, as online shopping has become more popular among Hanoi’s consumers, according to the Hanoi Tax Department. The city earned a VND123 billion (US$5.3 million) tax revenue from […]
Read MoreThe Hanoitimes – It is the final conclusion of an Indonesian agency for cold steel sheet imported from Vietnam. The Indonesian Anti-dumping Committee (KADI) will impose anti-dumping tariffs on cold-rolled steel imports from Vietnam and China after a 16-month investigation, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade. The […]
Read MoreThe Hanoitimes – In 2021, the trade ministry eyes an increase of 4-5% in trade turnover from an estimated US$543.9 billion last year. A surge of nearly 20% year-on-year in export turnover in the first half of January to US$12.9 billion signal a bright outlook for Vietnam’s exports this year. Statistics from the General Department of […]
Read MoreVietnam ranks second in terms of cryptocurrency use, driven by remittance payments, according to a recent survey by a global provider of market and consumer data Statista. Statista’s survey findings showed that 21 per cent of respondents in Vietnam said that they used or owned cryptocurrency last year, the second-highest rate among 74 surveyed countries. […]
Read MoreThe Hanoitimes – SCGP joins hands with partners to expand packaging businesses to cope with growing demands in Vietnam. SCG Packaging (SCGP), a Thai group, announced to acquire 70% stake in Duy Tan Plastics Manufacturing Corporation (Duy Tan), a producer of rigid plastic packaging in Vietnam, as part of its plan to invest more US$334 million […]
Read MoreThe Hanoitimes – Such extension in delay of taxes and land rental fees payment is essential for the business community to continue its economic recovery process and ensure the realization of the 6.5% economic growth target in 2021. The Ministry of Finance (MoF) has proposed the Government to extend the deadline for taxes and land rental […]
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Thailand
