Zero VAT for overseas digital content revenues proposed
HCMC – The Digital Content Creation Alliance (DCCA) at the Vietnam Digital Communications Association (VDCA) has recommended a zero value added tax, or VAT, on digital service revenues generated from foreign markets. Nguyen Viet Tiep, tax senior specialist at DCCA, said local individuals and
CAAV to trial biometric authentication at Van Don airport
HCMC – Following a test operation at the Cat Bi International Airport in Haiphong City, the Civil Aviation Authority of Vietnam (CAAV) will introduce biometric authentication technology at the Van Don International Airport in Quang Ninh Province. The Northern Airports Authority was told to keep a
Over VND435 billion proposed for textile industry’s development
HCMC – The Vietnam Textile and Apparel Association (VITAS) has proposed a sustainable development program for the textile and garment industry with a proposed budget of VND435.6 billion. The proposal aims to help the textile and garment industry overcome problems, such as the lack of linkage in
Domestic airfare caps may increase from mid-2023
HCMC – The Ministry of Transport plans to revise up the caps on domestic airfares from the second or third quarter of this year, in which the upper ticket price limit on the 850-1,000-kilometer routes would inch up by over 6%. The price brackets for air services would be raised by 3.75% on average
Four gas stations in HCMC apply for dissolution
HCMC – Six gas stations in HCMC have suspended operations, with four in the process of conducting procedures for dissolution, according to the market surveillance agency in HCMC. The four are the Go Vap Branch Gas Station in Go Vap District, Hoang Phong Station in District 7, Truong Thieu Sinh
Brand-new autos exempt from inspection
HCMC – The Ministry of Transport has issued a new circular exempting brand-new autos from roadworthiness inspection, with effect from today, March 22. New autos that find buyers within the first two years from their manufacture date do not have to be inspected for roadworthiness, according to the
New force formed to fight smuggling by air
HCMC – Minister of Finance Ho Duc Phoc, deputy head of the National Steering Committee for Prevention of Smuggling, Counterfeit Goods and Trade Fraud (National Steering Committee 389), has signed a decision setting up an interdisciplinary team for combating the smuggling of goods by air. The
Auto importers in Vietnam seek 50% cut in registration fee
HCMC – The Vehicle Importers Vietnam Association (VIVA) has submitted a request to the Government seeking approval for a 50% reduction in registration fees for imported automobiles, matching the fee structure proposed for locally-made cars. VIVA, which has 12 members, made the above proposal in
Greenization gains ground in business employment
HCMC – Half of the green job demand since 2022 has come from the manufacturing sector, followed by the energy, agriculture and technology industries, according to employment solutions firm ManpowerGroup Vietnam. Cutting back on sustainability spending could make a business less appealing to the
South Korea needs over 12,000 Vietnamese workers
HCMC – South Korea needs more than 12,000 Vietnamese workers this year for its Employment Permit System (EPS), a licensed program for foreign labor, with a focus on the manufacturing and fishery industries. The demand for Vietnamese guest workers in South Korea varies in each industry, with some
HCMC looks to stronger Vietnam-Indonesia business ties
HCMC – HCMC has expressed expectations that cooperation between Vietnamese and Indonesian businesses, especially small and medium-sized enterprises (SMEs), will expand in the future. HCMC chairman Phan Van Mai made the statement yesterday, March 14, at a meeting with Arsjad Rasjid, chairman of the
Fuel retailers propose base-price and commission setting council
HCMC – Fuel retailers have proposed the ministries of Industry-Trade and Finance establish a council for determining the base prices and commissions for fuels. The proposal was mentioned in their letter to the prime minister yesterday, March 14. Government Decree 95, issued in 2021, defines the