Deferment of excise tax payment allowed for local auto businesses
HCMC – The Government has issued Decree 36, allowing local auto manufacturers and assemblers to extend their payments of special consumption tax or excise tax until November of this year. Under the decree, local auto makers with outstanding special consumption tax amounts payable for the tax
Credit growth remains sluggish
HCMC – Outstanding loans in Vietnam had surpassed VND12.3 quadrillion in the year to mid-June, a 3.36% increase compared to December 2022 and a 8.94% rise against the same period last year. These figures were disclosed during a press conference held on June 21 by the State Bank of Vietnam (SBV),
S.Korean president arrives in Vietnam
HCMC – South Korean President Yoon Suk Yeol arrived in Hanoi this morning, June 22, starting a three-day state visit to Vietnam at the invitation of President Vo Van Thuong. It is Yoon’s first trip to Vietnam in his capacity as President of South Korea. Yoon is set to attend the official welcome
New 500 kV power line planned for northern region
HCMC – Vietnam will start building a new 500 kV power transmission line in 2025 to provide additional power for the northern region, said the Central Vietnam Power Projects Management Board. This project will facilitate the transmission of electricity from the southern and central regions to the
HCMC prepares plans to deal with HFMD outbreak
HCMC – The HCMC Department of Health has formulated three plans to effectively handle the increasing number of hand-foot-and-mouth disease (HFMD) cases in the city. Reports suggest that a significant portion, around 70% of cases, have originated from provinces such as An Giang, Tien Giang, Kien
WTO backs Japan over Chinese stainless steel tariffs
THE World Trade Organization (WTO) largely backed Japan on Monday (Jun 19) in its challenge to Chinese anti-dumping duties imposed in 2019 on imports of Japanese stainless steel.
All industries face difficulties in export markets
According to the Ministry of Industry and Trade, in the first five months of 2023, export activities continued to be affected by difficulties in production, a decrease in export orders, and a decrease in export prices.
Eat seasonal bees to make honey, seasonal workers earn 250,000 VND in 4 hours
On the day of honey filming, the owner of the bee farm has to hire more local workers to make it in time. In only about [...]
Recklessly abandoning the “black gold” tree to grow strange fruits, the old farmer suddenly won a big win
Growing coffee failed, farmer Tran Van Hai in Gia Lai boldly researched and invested nearly 1 billion VND to grow seedless grapes, earning hundreds of [...]
Save now the latest updated self-sufficient Cat Ba travel experience
Cat Ba – “paradise” for adventurers, nature lovers and unusual travel experiences. Kayaking, hiking, immersing in vibrant culture and unique cuisine. With breathtaking scenery and charm, Cat [...]
Global minimum corporate tax expected to prevent transfer pricing
The application of global minimum corporate tax from the beginning of 2024 is expected to be an effective tool to prevent transfer pricing and tax evasion, thus helping to increase State revenue through additional tax collection.
ASEAN rows between two reefs – the US and China
The recent Group of Seven summit in Hiroshima and the subsequent Group of 20 tourism meeting in Kashmir underscored the stark contrast between the two groups’ rhetoric. While the G20 emphasized its “one Earth, one family, one future” motto, the G7’s combative attitude could be summarized as “We