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Vietnam to cut 30% corporate income tax in 2020

The Hanoitimes – The resolution would take effect after 45 days since the signing date and be applied for this year’s tax payment period. The Vietnamese National Assembly (NA) on June 19 agreed to cut 30% of corporate tax for businesses with revenue under VND200 billion (US$8.58 million) in 2020. With an endorsement of over 92% […]

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M&As are restructuring Vietnam’s e-commerce field

After Tiki and Sendo complete their merger, the e-commerce market will be controlled by three big players – Tiki-Sendo, Lazada and Shopee. The Vietnam Competition and Consumer Authority (VCCA) confirmed that it has received the dossier about economic concentration between Sendo Technology JSC (sendo.vn) and Tiki JSC. Tiki and Sendo, two Vietnamese players in the […]

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Vietnamese tour operators prepare to welcome inbound tourists

The Hanoitimes – Tour operators, battered by the Covid-19 pandemic, are waiting for the resumption of international air services. As partners in the source markets are inquiring about starting to send tourists to Vietnam, many Vietnamese travel businesses are working on resuming inbound services though they haven’t known yet when Vietnam would allow foreign entry, The Saigon […]

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