General Department of Taxation appoints acting chief
Mai Xuan Thanh has been appointed acting general director of Vietnam's General Department of Taxation from February 15.
Thanh, 54, born in Nam Dinh province, has more than 30 years of experience in the sector. He was deputy general director of the General Department of Vietnam Customs from May 2018.
Thanh graduated from the University of Finance and Accounting, majoring in industrial finance. He also has degrees in advanced political theory and and state management.
He worked at the General Department of Vietnam Customs from 1994, starting as an expert in the import and export tax collection inspection agency. He was later assigned as deputy head of the agency's tax calculation department, deputy director of the agency's anti-smuggling and investigation department, and director of Kien Giang province's customs department.
At the end of October 2022, former general director Cao Anh Tuan was appointed Deputy Minister of Finance and temporarily took charge of the General Department of Taxation.
The General Department of Taxation has four deputy directors: Phi Van Tuan, Dang Ngoc Minh, Vu Chi Hung and Vu Xuan Bach.
- Read More
Thai Prime Minister declares $400 mln in assets including 217 luxury handbags
Thailand’s Prime Minister Paetongtarn Shinawatra has declared her personal assets worth more than $400 million, including 217 luxury handbags and 75 luxury watches.
Southeast Asia - Fri, January 3, 2025 | 9:32 pm GMT+7
Thailand works to increase agricultural product value
Thailand's Department of Intellectual Property (DIP) plans to add 22 products to the geographical indication (GI) list in 2025, aiming to increase the market value of GI products to over THB5.9 billion ($171.4 million).
Southeast Asia - Fri, January 3, 2025 | 9:23 pm GMT+7
Thailand promotes investment in five 'future industries'
The Thai government aims to attract more investments in five core “future industries” by improving the ease of doing business through amended laws and regulations, according to Jirayu Houngsub, spokesman for Prime Minister Paetongtarn Shinawatra’s Office.
Southeast Asia - Fri, January 3, 2025 | 9:19 pm GMT+7
Vietnam PM orders construction of 2 LNG-fired power plants to begin in Q2
Vietnamese Prime Minister Pham Minh Chinh has instructed the construction of two LNG-fired power plants in Quang Ninh and Thai Binh provinces to begin in the second quarter of this year.
Energy - Fri, January 3, 2025 | 5:26 pm GMT+7
VN-Index records sharpest decline in 5 months
Vietnam's benchmark VN-Index dropped 15.12 points, or 1.19%, to 1,254.59 on Friday, marking its deepest fall in five months.
Finance - Fri, January 3, 2025 | 5:00 pm GMT+7
Apple supplier Luxshare-ICT to invest extra $11.5 mln in central Vietnam
China’s Luxshare-ICT, a supplier of Apple, will invest an additional $11.5 million in Vietnam’s central province of Nghe An, according to a project report.
Industries - Fri, January 3, 2025 | 4:41 pm GMT+7
Vietnam's steel heavyweight Hoa Phat to start operating $3.34 bln factory in 2025
Vietnam’s leading steelmaker Hoa Phat will start operating its VND85 trillion ($3.34 billion) steel plant in the central province of Quang Ngai in 2025.
Companies - Fri, January 3, 2025 | 3:50 pm GMT+7
Vietnam needs 2,400 staff for 2 nuclear power plants, only 460 people trained
Vietnam requires approximately 1,200 staff to operate a 2,000 MW nuclear power plant, or 2,400 are needed for two 2,000 MW nuclear power plants in the central province of Binh Thuan.
Energy - Fri, January 3, 2025 | 12:02 pm GMT+7
Vietnam's steel industry to record profit growth in 2025 on rising domestic demand: broker
Vietnamese steel makers are expected to continue recording positive profit growth in 2025, but at a lower pace, according to leading broker SSI Securities.
Companies - Fri, January 3, 2025 | 11:33 am GMT+7
Central Vietnam province proposes 3,000 MW LNG-fired power plant
Ha Tinh authorities are proposing a 3,000 MW LNG-fired power plant project, Vung Ang 3, to be built in the central Vietnam province.
Energy - Fri, January 3, 2025 | 10:42 am GMT+7
Vietnam’s leading SOEs set low profit targets on market caution
A number of leading state-owned enterprises in Vietnam have revealed cautious profit targets for 2025, with some forecasting a decrease of up to 70% against 2024.
Companies - Fri, January 3, 2025 | 8:30 am GMT+7
Indonesian middle class shrinks for five straight years
The Indonesian middle class has been shrinking over the past five years, the Jakarta Post reported on Tuesday.
Southeast Asia - Thu, January 2, 2025 | 9:18 pm GMT+7
Singapore's economy growth beats expectations
Singapore’s economy grew faster than expected in 2024, surpassing earlier projections, despite a slowdown in the fourth quarter, according to preliminary government data.
Southeast Asia - Thu, January 2, 2025 | 9:07 pm GMT+7
Thailand business mergers triple in 2024
Mergers surged to THB590 billion ($17.2 billion), almost triple the value recorded in 2023, with transport, medical and insurance sectors leading the growth, the Trade Competition Commission of Thailand (TCCT) reported on Wednesday.
Southeast Asia - Thu, January 2, 2025 | 9:03 pm GMT+7
Novaland bonds can be converted to shares at three times market price
Bondholders of a $300 million international bond package of Vietnam’s real estate developer Novaland must pay more than triple the market price to convert their bonds to shares.
Finance - Thu, January 2, 2025 | 6:26 pm GMT+7
Vietnam offers up to 50% of initial investment costs for semiconductor and AI R&D projects
Vietnam’s Investment Support Fund will offer up to 50% of initial investment costs for semiconductors and artificial intelligence (AI) investors with research & development (R&D) projects.
Industries - Thu, January 2, 2025 | 5:56 pm GMT+7