Tax duties closing in for digital services Vietnam’s ability to charge taxes from cross-border platforms may soon improve thanks to the Organisation for Economic Co-operation and Development’s new tax rules, focusing on expanding the country’s taxing rights under international laws. … [Read more...] about New regulation on temporary tax payments worries businesses
Current income tax rates
On November 11, the Government Office released a notice about the Deputy Prime Minister Trinh Dinh Dung’s conclusion at the meeting discussing solutions to develop the automobile industry, which gathered representatives of ministries, the Vietnam Automobile Manufacturers' Association (VAMA), and enterprises. … [Read more...] about When will taxes be lowered to reduce automobile prices?
A shipper in Việt Nam delivers two parcels a day on average since it takes time to locate addresses and wait for recipients to collect the order, whereas a shipper in a developed market could deliver 200 a day with map data to optimise routes, he said. … [Read more...] about Logistics SMEs urged to speed up digital transformation to remain competitive
Mr. Nguyen Duc Hien, Deputy Head of the Central Economic Committee, said that over the past ten years, urbanization and urban development in Vietnam had seen rapid growth, promoting the country's economic development and achieving many set targets. The space and number of urban areas have increased rapidly from 33.5 percent in 2010 to nearly 39 percent in 2020. Urban areas were evenly distributed, creating a nuclear driving force for the process of socio-economic development. The urban economy is one of the three pillars of the economy, accounting for more than 7 percent of the country's gross domestic product (GDP). However, urbanization and urban development still show many shortcomings, such as the risk of imbalance in development between urban and rural areas, overloaded infrastructure, and asynchronous connection. Assessing the real estate market recently, Mr. Nguyen Van Sinh, Deputy Minister of Construction, said that the development of the real estate market is not sustainable. … [Read more...] about Urbanization spurs socio-economic development
Rattan products are made from products sourced from sustainable forest and medicinal herb farms in Thừa Thiên Huế Province. Local people in Quảng Nam and Thừa Thiên-Huế provinces are being trained in sustainable forest development and natural forest protection. VNS Photo Công Thành … [Read more...] about People benefit from Green Annamites Project