Foreign-based online accommodation booking services will be the next to be targeted by Vietnamese tax authorities in an effort to improve fair competition for local businesses. At the end of 2016, Vntrip.vn – a Vietnamese online hotel booking site – publicly accused its rival Agoda.com of having avoided performing its tax duties in Vietnam despite […]
Read More7-Eleven is expected to open their first store in early 2017 and the convenience store industry in Vietnam is already preparing for the competition. The international convenience store chain has signed a master franchise agreement with Seven System Vietnam, who is a new startup by a Vietnamese restaurant chain. The company expressed their excitement about […]
Read MoreVietnamese Deputy Prime Minister Nguyen Xuan Phuc and his Lao counterpart Somsavad Lengsavat on November 2 co-chaired a conference on economic and investment cooperation between Vietnam’s Central Highlands and southcentral provinces and Laos’ central and southern provinces. Deputy Prime Minister Nguyen Xuan Phuc addressing the conference As many as 80 representatives of Vietnamese […]
Read MoreVOV.VN – Vietcombank has submitted a request to the Financial Supervisory Commission to open a branch in Vientiane, the capital of Laos. Vietcombank said it has sought approval from financial authorities in Laos to open the branch as soon as possible. The Vientiane branch would be the first foothold established in Laos by the bank. […]
Read MoreVIENTIANE, Feb 20 (Bernama) — Construction on an agricultural service centre, the largest agricultural cooperation project between Vietnam and Laos, began in Houaphan province of northern Laos on Saturday, Vietnam news agency (VNA) reported. The agreement on the project’s investment was reached between the two sides during the 36th meeting of the Laos-Vietnam Cooperation Sub-committee […]
Read MoreThe Ho Chi Minh City taxman should consider collecting taxes from an increasing number of people who are selling their stuff through Facebook to ensure budget revenue, the municipal industry and trade department has said. Finding solutions to reduce tax losses for the municipal budget and to tax online traders was high on agenda at […]
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