tax reduction

Latest News about tax reduction

Shopkeepers in HCM City traditional markets want tax cuts for their survivalicon
BUSINESS18/02/20210

Shopkeepers in HCM City traditional markets want tax cuts for their survival

To support small businesses affected by the Covid-19 pandemic, HCM City authorities have instructed traditional markets to reduce their rents by 50 per cent for six months.

 
Ministry proposes slashing corporate income tax by 30% for small, micro businessesicon

Ministry proposes slashing corporate income tax by 30% for small, micro businesses

BUSINESS
26/05/2020

The Ministry of Finance has proposed that the Government reduce corporate income tax by 30% for small and micro enterprises in 2020 to help them overcome difficulties caused by the Covid-19 pandemic.

Vietnam businesses eyed by foreign investorsicon

Vietnam businesses eyed by foreign investors

BUSINESS
18/05/2020

Instead of following procedures to become nvestors, foreign enterprises are preferring to ‘take a shortcut’ by taking over Vietnamese businesses, which allows them to penetrate the market more quickly.

Businesses seek tax reduction to foster recovery after pandemicicon

Businesses seek tax reduction to foster recovery after pandemic

BUSINESS
12/05/2020

The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Vietnam.

Finance Ministry rejects tax reduction proposalsicon

Finance Ministry rejects tax reduction proposals

BUSINESS
02/05/2020

The Ministry of Finance has rejected several proposals to reduce taxes to help revive production and trade and support businesses affected by Covid-19.

Tax reduction could help businesses recover from Covid-19icon

Tax reduction could help businesses recover from Covid-19

BUSINESS
28/02/2020

The tourism and service industry in Danang is expected to suffer losses of  US$30.4 million due to strong decreases among key tourist markets in the two months since the coronavirus (Covid-19) outbreak in Wuhan, China.