The taxation body believes that all enterprises draw their production and business plans every year and they completely can pre-estimate the yearly profits they can make. Therefore, they can easily calculate the amounts of taxes they have to pay in advance to taxation agencies. … [Read more...] about New regulation on temporary tax payments worries businesses
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On November 11, the Government Office released a notice about the Deputy Prime Minister Trinh Dinh Dung’s conclusion at the meeting discussing solutions to develop the automobile industry, which gathered representatives of ministries, the Vietnam Automobile Manufacturers' Association (VAMA), and enterprises. … [Read more...] about When will taxes be lowered to reduce automobile prices?
Nguyễn Ngọc Dũng, vice chairman of the Việt Nam E-commerce Association, said it is high time that SMEs realised the advantages of and the urgent need for digital transformation, pointing out that most of them have remained slow in embracing it. … [Read more...] about Logistics SMEs urged to speed up digital transformation to remain competitive
Mr. Nguyen Duc Hien, Deputy Head of the Central Economic Committee, said that over the past ten years, urbanization and urban development in Vietnam had seen rapid growth, promoting the country's economic development and achieving many set targets. The space and number of urban areas have increased rapidly from 33.5 percent in 2010 to nearly 39 percent in 2020. Urban areas were evenly distributed, creating a nuclear driving force for the process of socio-economic development. The urban economy is one of the three pillars of the economy, accounting for more than 7 percent of the country's gross domestic product (GDP). However, urbanization and urban development still show many shortcomings, such as the risk of imbalance in development between urban and rural areas, overloaded infrastructure, and asynchronous connection. Assessing the real estate market recently, Mr. Nguyen Van Sinh, Deputy Minister of Construction, said that the development of the real estate market is not sustainable. … [Read more...] about Urbanization spurs socio-economic development
In order to overcome this, airlines in Vietnam should work together to come up with effective and long-term solutions, before submitting their proposals to the prime minister, said Dr. Tran Dinh Thien, former director of the Vietnam Institute of Economics. … [Read more...] about Vietnamese airlines urge government to provide further support to overcome pandemic