Full-year budget revenue 24% higher than targeted
HCMC – Budget revenue is estimated to exceed the full-year target by 24.3%, topping VND1,460 trillion, the General Department of Taxation reported during an online conference held yesterday, December 15. Compared to the revenue recorded in 2021, the figure this year improved by 8.5%. Of the
Binh Dinh proposes second provincial city
HCMC – The south-central province of Binh Dinh has written to the Ministry of Home Affairs proposing developing An Nhon town into the second city of this province, which used to be the capital city of the Tay Son Dynasty and Vijaya Empire of the Cham people. The chairman of the Binh Dinh’s
Vietnam-Spain trade targeted at US$5 billion
HCMC – Vietnam and Spain aim for bilateral trade at US$5 billion in the next two or three years, heard a meeting between Vietnamese Prime Minister Pham Minh Chinh and his Spanish counterpart, Pedro Sanchez Castejón, in Brussels, Belgium, on December 14. Speaking at the meeting on the sidelines of
Financial plan for Metro Line No. 1 company gets nod
HCMC – The Ministry of Finance has written to the Prime Minister presenting its plan to increase the charter capital of the HCMC Urban Railway No. 1 One-member Limited Liability Company (HURC1) after receiving a petition made by the HCMC People’s Committee. The ministry has approved the plan to
Public feedback sought for draft revisions of Land Law
HCMC – Lawmakers have decided to introduce draft revisions of the Land Law to the public to get feedback. At its 18th session on December 13, the National Assembly Standing Committee reached a consensus to gather public feedback on the draft of the revised Land Law and issues relating to the
Hanoi’s 2022 budget revenue to surpass estimate
HCMC – The total budget revenue of Hanoi City this year is expected to hit VND300,000 billion, or 107.9% of the year’s target, according to the city’s tax department. The budget revenue of the city this year saw a slight rise of 2.4% over 2021. According to Mai Son, director of the Hanoi Tax
Business tax debts up 3% in Jan-Nov
HCMC – Total tax debt owed by businesses had amounted to an estimated VND126.64 trillion in the year to November 30, up 3% year-on-year, according to the General Department of Taxation. This debt was 10.1% higher than late last year. The department attributed the strong rise to the Covid-19
Some business models eligible for e-invoices generated from cash registers
HCMC – The General Department of Taxation is building a roadmap to deploy e-invoices with tax codes generated from cash registers as a subsequent step in the digital transformation of the tax sector. According to the General Department of Taxation, eight business models will be entitled to apply
PM proposes Netherlands help Hanoi with hi-tech center development
HCMC – Prime Minister Pham Minh Chinh has proposed the Netherlands help Vietnam develop a Brainport hi-tech center in Hanoi City. He was speaking during his visit to the Brainport Industries Campus in Eindhoven City in North Brabant on December 11, as part of his official visit to the Netherlands
HCMC needs 25,000 workers by year-end
HCMC – The Center of Forecasting Manpower Needs and Labor Market Information HCMC (FALMI) has estimated that HCMC’s labor demand in the rest of this year would be around 23,000-25,000 people. Around 17,000 of them are needed in trade and service, almost 8,000 in construction and a small number in
HCMC plans to expand public bike rental service to neighboring districts
HCMC – HCMC is planning to trial 1,000 public bike rental services in Thu Duc City, districts 3, 7, Binh Thanh and Phu Nhuan. After one year of launching 500 public bikes in 43 spots in District 1, the service has been well received by users. At a meeting with the Netherlands Consulate General,
Sleeper bus tickets to central provinces out of stock
HCMC – Most sleeper bus tickets to central Vietnam are about to be sold out as workers flock home earlier than usual due to massive layoffs. Some transport operators reported that buses to central provinces from January 13 to 20 had been fully booked. The Saigon Transportation Mechanical