09/08/2024

FINANCE MINISTRY PROPOSES LOWER TAX RATE FOR MICRO AND SMALL ENTERPRISES

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17 per cent for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20 per cent. Workers at an electronic factory in the southern province of Dong Nai (Photo: VNA) Hanoi – To support micro and small enterprises to accumulate capital … Continue reading FINANCE MINISTRY PROPOSES LOWER TAX RATE FOR MICRO AND SMALL ENTERPRISES

07/08/2024

HONG KONG’S EXPERTISE TO HELP DEVELOP HO CHI MINH CITY

During his visit to Vietnam from July 31–August 2, Hong Kong chief executive John Lee expressed his willingness to share the special administrative region’s experience of building a global a financial centre with Ho Chi Minh City. John Lee, Hong Kong chief executive In addition to financial centre development, Lee aims to enhance cooperation with Vietnam in trade, investment, finance, banking, tourism, aviation, and emerging sectors such as innovation and technology, sustainable development, and green finance. Recognising Vietnam as a … Continue reading HONG KONG’S EXPERTISE TO HELP DEVELOP HO CHI MINH CITY

29/07/2024

VIETNAM REPORTS $18 BILLION IN FDI BETWEEN JANUARY AND JULY

Vietnam reported more than $18 billion in foreign direct investment (FDI) in the year to July 20, an on-year increase of 10.9 per cent, according to data from the Foreign Investment Agency under the Ministry of Planning and Investment. In the first seven months of 2024, 1,816 new projects were granted investment registration certificates, with the total registered capital of over $10.76 billion, up 11.6 per cent in the number of projects and up 35.6 per cent on-year in terms of … Continue reading VIETNAM REPORTS $18 BILLION IN FDI BETWEEN JANUARY AND JULY

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