Global corporate heavyweights in the country are enjoying tax rates of between 2.75 per cent to 5.95 per cent, far lower than the GMTR of 15 per cent. The implementation of GMTR abroad would cost Việt Nam a couple of billions of dollars in tax loss every year. HÀ NỘI — As many countries plan to adopt the […]
Read MoreThe Vietnam Chamber of Commerce and Industry (VCCI) has recently proposed business tax duties should be postponed for 6 months for the year 2023. HÀ NỘI — The Vietnam Chamber of Commerce and Industry (VCCI) has recently proposed business tax duties should be postponed for six months for the year 2023. The chamber said under the […]
Read MoreEconomists said only 13 out of 101 middle-income countries in the 60s managed to break through the middle-income trap by the end of 2008, demonstrating the challenging nature of sustainable economic growth. HÀ NỘI — As Việt Nam is about to join the group of upper-middle-income countries and pursuing the goal of becoming a developed […]
Read MoreThe policy of taxing second homes should be introduced at an appropriate point in time with a carefully-studied roadmap and regime. HÀ NỘI — The policy of taxing second homes should be introduced at an appropriate point in time with a carefully-studied roadmap and regime. The property market of Việt Nam still lacks grounds to […]
Read MoreThe public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened. Can Van Luc, a member of the National Advisory Council for Financial and Monetary Policies, […]
Read MoreThe Ministry of Planning and Investment has proposed the Government turn down the HCMC government’s proposal to impose a higher property tax on people who own a second home. It reasoned that the proposal still had inadequacies as owners of several small houses or plots of land would have to pay heavy tax while owners […]
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Thailand
