The General Department of Taxation is planning to publish the tax codes of all companies on its official website. Once they neglect their tax duty, the authority will automatically deduct the arrears from the bank accounts of partners transferring money to them. … [Read more...] about Bank accounts of local advertisers to be drained for Facebook and Google tax arrears
Opening a business bank account
In order to help enterprises overcome their difficulties and prepare to welcome new investment after the pandemic, the province’s leaders assigned departments and relevant authorities to implement solutions to support businesses. Notably, the province organised numerous meetings, seminars, and working sessions with investors and enterprises to discover their difficulties. In addition, the province entered into a co-operation with the State Bank of Vietnam to build supporting policies for businesses, including decreasing loan interest and extend debt payment deadlines. Besides, the Department of Taxation supported enterprises to extend the deadline for tax payments and the fee for land rental. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 7
It is the two countries’ first virtual event in this field and jointly held by the Tokyo Metropolitan Small and Medium Enterprise Support Centre, the Vietnamese Trade Office in Japan, and the Ministry of Industry and Trade. … [Read more...] about First Vietnam-Japan teleconference on support industries opens
In the economic outlook for the second quarter entitled “Darkest before the dawn”, the bank said the manufacturing sector, which accounts for one-third of the country’s GDP, is expected to grow only 3 percent this year compared to 11 percent in 2019. … [Read more...] about Standard Chartered Bank: Vietnam’s 2020 economic growth to fall to 3.3 pct.
According to the Vietnam Trade Office in Israel, May alone saw the two-way trade turnover between both nations reach US$136.15 million, with Vietnamese exports to Israel gradually recovering and imports from this market enjoying a slight increase from the previous month due to the impact of social changes and the COVID-19 pandemic. The first five months of the year saw bilateral trade between the two countries hit US$649.4 million, with Vietnamese exports to Israel falling by 17.9% and imports from the Middle Eastern nation rising to 419.3% over the same period from a year earlier. … [Read more...] about Israeli businesses keen to import medical supplies from Vietnam