Self employment income tax rate

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

Prospects remain bright over dented remittance inflows Based on forecasts from the World Bank as well as information from commercial banks and organisations working on inward remittance transfer, the inward remittance volume to Vietnam may have reached as much as $15.5 billion in 2020, placing the country ninth among the top 10 inward remittance recipients worldwide. Vietnam averaged a 35.6-per-cent hike a year during 2016-2020 compared to the 2011-2015 period. … [Read more...] about Prospects remain bright over dented remittance inflows

Ms. Nguyen Thuy Linh, Director of the Center for Community Empowerment (CECEM), said that when it comes to empowering women, many people are still unclear, there are many approaches and perspectives on gender inequality. and women's empowerment. However, gender inequalities in ethnic minority communities have not been effectively addressed as expected due to a lack of understanding of the role of women and gender relations in ethnic minority cultures. For example, with the Capacity Building Project in Dak Nong, in addition to livelihood development, there should be other activities that are most effective for ethnic minority groups such as: understanding the power of the community itself to create opportunity for them to take advantage; impact the beliefs of ethnic minority communities with the slogan "I believe I can"; community initiative ... … [Read more...] about Efforts to empower ethnic minority women

Waiting for solutions in the last days of 2020 At the TECHFEST 2020 event, Deputy Minister of Science and Technology Tran Van Tung said that since Decree 38 was put into operation, there are a handful of shortcomings. “And what you (Trung from VinaCapital Fund) mentioned is also a thing we are concerned about and finding solutions for.” … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020

“The fight against inequality must be at the heart of economic rescue and recovery efforts. Governments must ensure everyone has access to a COVID-19 vaccine and financial support if they lose their job. They must invest in public services and low carbon sectors to create millions of new jobs and ensure everyone has access to a decent education, health, and social care, and they must ensure the richest individuals and corporations contribute their fair share of tax to pay for it," she said . “These measures must not be band-aid solutions for desperate times but a ‘new normal’ in economies that work for the benefit of all people.” … [Read more...] about Wealth inequaity increases after COVID-19