Corporate income tax will be completely exempted in the first four years and cut by half for the next nine years for emerging tech and science firms in Vietnam, as per a Ministry of Finance circular effective in March. … [Read more...] about Science, tech firms in Vietnam to enjoy 13 years of tax deduction
Nj corporation tax
Prime Minister Nguyen Xuan Phuc presented at TECHFEST 2020 “Two years ago, we started the first capital mobilisation programme that cost us a lot of time to negotiate with overseas and local investment funds. Most of them required us to establish business outside of Vietnam,” said Phan Ba Manh, founder of An Vui – a startup providing solutions for transportation in a conversation with Prime Minister Nguyen Xuan Phuc at TECHFEST 2020 last weekend. … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020
One Mount Group is rumoured to have been established by Techcombank, Masan, and Vingroup Elsewhere, Vinfast plans to launch the first electric car in the US in early 2022, and break even with its earnings before interest, tax, depreciation and amortization (EBITDA) in the next five years. … [Read more...] about What’s next for Vingroup? What is One Mount Group?
Billionaires' fortunes rebounded as stock markets recovered despite a continued recession in the economy. Their total wealth hit $11.95 trillion in December 2020, equivalent to G20 governments’ total COVID-19 recovery spending. The road to recovery will be much longer for people who were already struggling pre-COVID-19. When the virus struck over half of the workers in poor countries were living in poverty, and three-quarters of workers globally had no access to social protections like sick pay or unemployment benefits. … [Read more...] about Wealth inequaity increases after COVID-19
In another case, Nam Dinh Department of Planning and Investment (DPI), also beset by natural disasters, has also advanced the province’s plan on integrating DRR-CCA into its SDP 2021-2025. Under the plan, the provincial People’s Committee enacted a directive which must be integrated with DRR-CCA. At that point, the DPI promulgates a related guideline. After that, the plan will be discussed with comments from the Ministry of Planning and Investment. Thereafter it will be submitted to the committee before being implemented by districts which will have to make their own plans of the types including DRR-CCA integration. … [Read more...] about Equipping localities in climate fight