Reasons Why Many Vietnamese Don't Buy Cars at The Beginning of The Year
After the Lunar New Year holidays, many people in Vietnam tend to choose investment channels over buying cars, resulting in a downward trend in the country's automobile production.
VinFast VF e34 Price And Registration Fees In February 2024
VinFast is a Vietnamese automobile manufacturer headquartered in Hanoi, Vietnam. The company manufactures and sells a range of passenger cars and electric buses/trucks. One of VinFast's electric passenger car models is the VF e34 electric SUV.
Reducing VAT to stimulate domestic consumption
From now until the end of the year, value-added tax (VAT) will be reduced by 2% from 10% to 8% for many items. Reducing value-added tax will reduce the cost of goods and services, stimulating consumption demand, promoting production and business and creating more jobs for workers.
VAT cut to affect price controls on some goods and services: VCCI
HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has raised concerns that the reduction of value added tax (VAT) will impact the prices of certain goods and services that are subject to government price controls, if detailed guidance is not provided. The Government currently applies
A fiscal expansion
A solution to economic growth that the Government has doubled down on is to spur public investment, with major infrastructure projects given a focus. Such efforts have yet to pay off. What is the problem? Fiscal expansion In March 2023, the State Bank of Vietnam (SBV), the central bank, twice
Prime Minister urged to expedite 2% VAT reduction plan
Prime Minister Pham Minh Chinh requested the Ministry of Finance to complete the dossier soon, the plan to reduce 2% VAT, reduce land rent ... to submit to the competent authorities to consider and decide.
Government greenlights VAT reduction to prop up economy
HCMC – The Government has approved the Ministry of Finance’s proposal to revise down the value-added tax (VAT) from 10% to 8% for certain goods and services this year to boost consumption and economic growth. Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance and the Ministry of
VAT cut proposed to prop up economy
HCMC – The Tax Policy Department under the Ministry of Finance has proposed revising down the value-added tax (VAT) from 10% to 8% for certain goods and services to boost consumption and economic growth. The department proposed two options for the VAT reduction in a draft resolution for the
VAT, fuel tax cuts proposed for extension
HCMC – Business associations have written to the Government and the Ministry of Finance proposing extending the VAT cut of two percentage points and the environmental protection tax cut for fuel till the end of 2023. From January 1, 2023, many supporting policies for households and businesses will
The rationale why Honda Vietnam remembers Civic and HR-V
Friday, October 7, 2022, 06:15 (GMT+7) (Tinmoi.vn) It's anticipated that about 408 autos shall be recalled in the course of