PM tells HCMC to remove irresponsible officials
HCMC – Prime Minister Pham Minh Chinh, speaking at a meeting in HCMC today (April 16) between the central Government and HCMC leadership, requested the city to remove or change officials who show low or no responsibility. Many investment projects, especially those in the real estate sector, have
Ministry proposes five-year tax-free benefits for experts, scientists in HCMC
HCMC – The Ministry of Planning and Investment has proposed exempting experts, scientists, and people with special talents who work in HCMC from paying personal income tax for five years. Apart from them, innovative entrepreneurs who work in innovative start-ups, science and technology
Over one million phone numbers face deactivation
HCMC – Around 1.2 million mobile phone numbers blocked from making calls, sending text messages or use the Internet since March 31 will be deactivated if their data is not updated within four days. An additional 394,000 phone users updated their information and got their phone numbers verified
Three pharma firms have import licenses suspended over quality violations
HCMC – The Drug Administration of Vietnam has decided to suspend the licenses of three pharmaceutical companies for the import of pharmaceutical products and materials over quality violations, the local media reported. The three companies are the HCMC Medical Import Export Joint Stock Company, the
HCMC’s metro line firm faces shutdown
HCMC – The cash-strapped HCMC Urban Railway No. 1 Co. Ltd. (HURC1), the city’s Metro Line No. 1 operator, has been on the verge of going bankrupt given prolonged financial constraints. HURC1 had used all of its VND14-billion charter capital for operational costs as of August 2021, the HCMC
Employees’ average income rises in Q1
HCMC – The average monthly income of workers was VND7 million per person in the first quarter of the year, rising by VND197,000 against the previous quarter and by VND640,000 year-on-year, according to the General Statistics Office (GSO). A representative of the Department of Population and Labor
Six violations of TikTok in Vietnam pointed out
HCMC – The Authority of Broadcasting, Television and Electronic Information has pointed out six major violations committed by TikTok in Vietnam and plans to probe its operations, heard at a regular press conference yesterday, April 6. First, TikTok failed to handle violations in content related to
Steel prices inch down
HCMC – Weak demand has driven down steel prices, which now range from VND15.6 million to VND15.9 million per ton. Local steelmaker Hoa Phat Group, which holds a 40% share of the nation’s construction steel market, now quotes its rebar D10 CB300 at VND15.89 million per ton and rolled steel CB240 at
Over 115,000 phone numbers verified after being blocked
HCMC – Over 115,000 mobile phone subscribers had updated their information with telecom carriers as of April 2 after they had been blocked from making calls or texting, according to the Ministry of Information and Communications. Around 1.67 million mobile phone numbers were blocked on March 31,
Taxman collects VND427 trillion for State budget in Q1
HCMC – The total budget revenue collected by tax agencies reached nearly VND427 trillion in the first quarter of this year, up 4.6% year-on-year and accounting for over 31% of the year’s estimate, according to the General Department of Taxation. Of the total, revenue from domestic sources is
Deadline extension proposed for tax payment in 2023
HCMC – The Ministry of Finance has proposed extending the deadline for businesses to settle all tax liabilities in 2023 to help reduce financial costs, maintain liquidity and improve cash flow. The ministry has sent a draft decree on extending payments of value-added tax, corporate income tax,
FPT develops Khanh Hoa investment promotion portal
HCMC – FPT Corporation has recently launched an investment promotion portal in the coastal province of Khanh Hoa, as part of a joint effort between the provincial administration and the technology service provider. The Khanh Hoa business supporting platform was inaugurated with the participation