Analytic
Hotline: 08887 08817
Thorny issue for tax authority remains after Uber left Vietnam

Thorny issue for tax authority remains after Uber left Vietnam

At the recent semi-annual meeting of the taxation sector, Tran Ngoc Tam, Head of the Taxation Department of Ho Chi Minh City admitted that they are coping with difficulties in Uber's tax collection as the company had sold all of its business operation in Vietnam to Grab.

Australia supports Vietnam to add one million private enterprises by 2020

The Australian $6.5 million program is expected to assist Vietnam’s government in achieving business environment and bringing Vietnam closer to the market economy.

SonKim Land develops an over $320 million project in Thu Thiem New Urban Area

Quoc Loc Phat Joint Stock Company together with SonKim Land and Vietcombank have successfully signed a strategic cooperation agreement to officially kick off the Metropole Thu Thiem project in Thu Thiem New Urban Area, District 2, Ho Chi Minh City.

Techcombank's shares price plummeted upon its first listing on bourse

Techcombank's shares price was steeply reduced by 20 per cent to VND102,400 ($4.49) per share, lower than initial reference prices of VND128,000 ($5.6) making the bank's capitalization value dropped by nearly $1.32 billion.

Tax incentives can exacerbate risk of tax losses from transfer price of businesses in the SEZs: Oxfam

Vietnam National Assembly and the Government should carefully review tax incentives in future special economic zones to avoid budget losses and negative socio-economic impacts, according to Nguyen Thu Huong, senior manager of Oxfam.

Eight leading multinational enterprises support Vietnamese suppliers to expand high value production

Eight leading multinational enterprises including Bosch, Canon, Datalogic, Denso, Ford, General Electric, Panasonic, and Toyota have joined a program supporting 45 Vietnamese businesses to get the chance of becoming their suppliers.

New highway paves the way for Halong Bay boom

A faster future lies ahead for those wanting to visit Vietnam’s most famous natural destination.

Legalization of condotel being ignored due to lack of synchronized laws

Proposal of concerned ministries to amend the four laws, including the Law on Real Estate Business, Land Law, Housing Law and Construction Law to legalize condotel was not considered by the National Assembly this time.

HSBC: Lack of awareness of global trade policy puts firms at risk

According to Hongkong Shanghai Banking Corporation, a broad lack of awareness from businesses of major trade and policy initiatives puts them at risk of missing out on significant international growth opportunities.

Casino service in SEZs is drafted to enjoy special consumption tax of 15 percent

On May 23, the draft Law on Special Administrative and Economic Zones was discussed by the National Assembly, in which the casino business service in the Units is expected to enjoy a special consumption tax incentive of 15 percent for the first ten years if approved.

Swedish-based SOWAREEN expresses desire to invest in financial center in Van Don

The Swedish-based SOWAREEN corporation has proposed to invest in establishing the financial and insurance center in Van Don special economic zone, Quang Ninh province.

Stock indexes
933.39 -10.58 -1.12
Volume: 204,000,000 Value: 4,943 (Billions VNĐ)
107.62 2.04 1.93
Volume: 44,000,000 Value: 636 (Billions VNĐ)
50.55 -0.03 -0.07
Volume: 12,000,000 Value: 173 (Billions VNĐ)
926.5 -14.59 -1.55
Volume: 56,000,000 Value: 2,013 (Billions VNĐ)