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
Non corporate income tax
Policy support is deemed the key reason for the constant rise in inward remittance volume. Up until now, two positive points in the legal aspect are noted. Firstly, the recipients are not required to pay personal income tax as applied to other kinds of personal income that is regarded as an advantage compared to many other countries. … [Read more...] about Prospects remain bright over dented remittance inflows
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?
There are many reasons behind this situation, including easier access to investment, simpler investment procedures, and plenty of incentives for startups in Singapore. Notwithstanding, most startups opting to incorporate themselves outside Vietnam is losing the country sizeable sums of money in the future, and reflects the local investment climate has not been favourable for local startups. … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020
Women are the hardest hit, yet again Globally, women are overrepresented in the low-paid precarious professions that have been hardest hit by the pandemic. If women were represented at the same rate as men in these sectors, 112 million women would no longer be at high risk of losing their incomes or jobs. Women also make up roughly 70 per cent of the global health and social care workforce − essential but often poorly paid jobs that put them at greater risk from COVID-19. … [Read more...] about Wealth inequaity increases after COVID-19