Hai Phong Port unveils new deep-water terminals to meet growing trade demand
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
In case Uber fails to pay VND67 million (US$3-million) in tax within 10 days since the date of receiving written notification from HCM city Department of Taxation, it will be enforced to pay the tax and named on media.
According to HCM city Department of Taxation, in September 2017, the Department investigated Uber and found many false declarations, which leads to the additional tax collection of VND67 million (US$3-million). Therefore, the Department issued a decision on sanctioning administrative violations of tax and collecting tax arrears from Uber.
Then, Uber International Holding B.V filed its complaint to the General Department of Taxation and the Ministry of Finance (MoF) on the grounds that Uber had fulfilled their tax obligations under Double Taxation Avoidance Agreement signed between Vietnam and the Netherlands (the Agreement).
However, after more than three months, MoF confirmed that Uber B.V is not entitled to tax exemption under the Agreement as it has generated income in Vietnam from its ride-hailing services on a network of local partner drivers.
According to Dang Duy Khanh from the General Department of Taxation, Uber’s total revenue from 2014 to June 30 this year was estimated at more than 2.77 trillion VND (US$122.1 million) and the firm has paid approximately 76.9 billion VND (US$3.38 million) in taxes.
Leader of Ho Chi Minh city Tax Department said: "Uber file its claim since it thinks it would not pay tax in Vietnam under the Agreement. However, the collection of tax arrears from Uber is reasonable and in compliance with the Agreement”.
Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.
Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Menas Group has entered a strategic partnership with Keppel to co-develop an integrated ecosystem of lifestyle services across Keppel’s real estate projects in Vietnam, beginning with the landmark Celesta City development in Saigon South.
Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors
PVI Asset Management (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group has announced a strategic collaboration to develop innovative real estate investment products tailored for institutional investors and high-net-worth individuals.