tax cut

Latest News about tax cut

Vietnam posts State budget surplus in Jan-Jun amid Covid-19icon
BUSINESS04/07/20210

Vietnam posts State budget surplus in Jan-Jun amid Covid-19

Vietnam posted a State budget surplus in the first half of 2021 as revenue outpaced spending despite Covid-19 raging in many parts of the nation, according to the Ministry of Finance.

 
Tax deadline should be delayed for businesses, said MoFicon

Tax deadline should be delayed for businesses, said MoF

BUSINESS
24/02/2021

Businesses may have several additional months before they have to pay income tax and land use fees, said a proposal by the Ministry of Finance (MoF) to the Government.

Automotive market enters year-end salesicon

Automotive market enters year-end sales

BUSINESS
13/12/2020

It is more than two months until the Lunar New Year, but now automakers have rushed to launch several promotional campaigns.

Amended regulations on cap on loan interest deductions cause concernicon

Amended regulations on cap on loan interest deductions cause concern

BUSINESS
09/11/2020

The new decree, according to experts, has yet to fully solve the inadequacies of the old regulation on the loan interest deductibility cap.

The last chance for Vietnam’s automobile industryicon

The last chance for Vietnam’s automobile industry

FEATURE
02/11/2020

The Ministry of Planning and Investment (MPI) is compiling a plan to develop the automobile industry in the post-Covid-19 period with many new solutions.

Preferential registration tax expires by year end, people rush to buy carsicon

Preferential registration tax expires by year end, people rush to buy cars

BUSINESS
01/11/2020

The car market has recovered recently, though sales are not as good as the same period last year. The demand for both new and used cars is increasing, and the prices are escalating.

Second economic stimulus package announcedicon

Second economic stimulus package announced

BUSINESS
01/11/2020

The Ministry of Planning and Investment has announced the second economic simulation package which will be used to spur the recovery of the aviation and tourism sectors.

Taxation body missing out on taxes from sharing-economy businessesicon

Taxation body missing out on taxes from sharing-economy businesses

FEATURE
28/10/2020

Businesses following the sharing economy model are facing problems in tax declaration. Because of the lack of regulations, the taxation body may be taxing inaccurately or missing taxpayers.

Manufacturers aim to make enough cars for Vietnamese marketicon

Manufacturers aim to make enough cars for Vietnamese market

FEATURE
27/10/2020

The Ministry of Planning and Investment (MPI) is drafting a plan on solutions to take full advantage of the opportunities to be brought by the investment relocation wave after Covid-19 to develop supporting industries 

Cars in Vietnam 2-3 times more expensive than in other countriesicon

Cars in Vietnam 2-3 times more expensive than in other countries

FEATURE
20/10/2020

For many people, the news that automobile manufacturers have paid high amounts of tax to the state in the context of slow auto sales indicates that cars are being sold at sky-high prices in Vietnam.

Surprising figures about private sector investment in Vietnamicon

Surprising figures about private sector investment in Vietnam

BUSINESS
19/10/2020

Which enterprises - state-owned (SOE), state-invested, foreign-invested (FIE) or privately run - operate more effectively?

Tax cut welcome but not enough: businessesicon

Tax cut welcome but not enough: businesses

BUSINESS
13/10/2020

The Government's 30% corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic.

Which business fields re-opened first after Covid-19 lockdown?icon

Which business fields re-opened first after Covid-19 lockdown?

BUSINESS
12/05/2020

Prime Minister Nguyen Xuan Phuc has requested MPI to build a scenario for economic recovery after Covid-19.

With tax and fee decreases, automobiles will be cheaper than evericon

With tax and fee decreases, automobiles will be cheaper than ever

BUSINESS
29/04/2020

If the government agrees to slash taxes and fees for domestically assembled cars, this will be a ‘doping dose’ for domestic automobile manufacturers and consumers.

Ministry proposes 843 million USD bailout package for businesses during COVID-19icon

Ministry proposes 843 million USD bailout package for businesses during COVID-19

BUSINESS
29/03/2020

The Ministry of Labour, Invalid and Social Affairs has proposed the Government issue a 20 trillion VND (843 million USD) bailout package to soften the economic impact of the COVID-19 pandemic.

Import tariff cut, VN farmers suffer heavilyicon

Import tariff cut, VN farmers suffer heavily

BUSINESS
20/12/2019

Vietnamese farmers, who incurred big losses because of African Swine Fever (ASF), may see the situation become even worse because of the import tariff cut.

Will Vietnam’s automobiles have to compete with cars from Laos and Cambodia?icon

Will Vietnam’s automobiles have to compete with cars from Laos and Cambodia?

BUSINESS
02/11/2019

Experts believe that in the immediate time, Laos and Cambodia will not be rivals on the same par with Vietnam.