Update news Businesses
VietNamNet Bridge – More businesses in Viet Nam have either suspended or shut down operations in the first three quarters of 2014,
VietNamNet Bridge – It is the legal loopholes existing in complicated laws which have lent a hand to businesses in evading taxes.
VietNamNet Bridge – The new regulation on the procedures for customs clearance has led to the fact that imports and exports have got stuck at customs and management agencies.
VietNamNet Bridge – Businesses complain that they always meet with difficulties when getting tax refund, even though the VAT refund has been stipulated by the laws.
Big enterprises have been found as evading tax--foreign invested enterprises were involved in transfer pricing scandals, while state owned economic groups repeatedly insist on tax exemption and reduction.
The banks’ move of pouring big money into corporate bonds, in the eyes of analysts, is a form of providing loans to businesses. Analysts have warned that it will be very difficult to settle the bad debts from the bond investments.