In a specific case, Nguyen Dinh Chien halted the operation of his garment factory in Quang Minh Industrial Park in Hanoi’s Dong Anh district. The factory was only inaugurated in the middle of last year, and is managed by Danh Dat Garment and Trading JSC, where Chien is the director. … [Read more...] about Revised Vietnam’s GDP goals to buttress growth
Vietnam investment funds
VEPR (the Vietnam Institiute for Economic and Policy Research), in its research on the behaviors of FIEs of evading tax, found that tricks to evade tax have become more complex and sophisticated. The loopholes in the legal framework related to customs procedures and corporate income tax have been exploited to commit tax fraud. … [Read more...] about FIEs try to evade tax in Vietnam
They are Trần Thành Tô, head of Bắc Ninh Province’s Customs Department, who signed the post-customs clearance decision; Dương Minh Khải, head of customs management team; Nguyễn Văn Phúc, deputy head of expert division; Vũ Quang Hà, head of expert team; Nguyễn Lưu Bình Trọng, official of customs sub-department of Tiên Sơn Port; and Nguyễn Thị Hảo, official of Bắc Ninh Province Customs Department’s Office. … [Read more...] about Five tax officials suspended for alleged bribery at Tenma Vietnam
Sendo’s strategy is rural-centric while Tiki targets the urban area. The combination is expected to help the two sides focus on the market more comprehensively, according to local insiders. The merger could also help them to raise more funds in the future. … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?
Meanwhile, John Rockhold, chairman of the Vietnam Business Forum’s Power and Energy Working Group, pointed out that many local businesses have registered renewable energy projects and then find a way to sell to others because local authorities do not get the necessary data to carefully and impartially appraise project proposals, with no specific standard criteria to assess the capacity of the investor including experience, financial and technical capacity. … [Read more...] about FiT revamp vulnerable to speculation