Thailand plans to apply global minimum tax
Thailand’s Revenue Department is planning to impose an additional tax of 15% on multinational corporations that are operating in the country.
Southeast Asia - Thu, September 12, 2024 | 9:16 am
Vietnam still a darling for FDI despite global headwinds: HSBC
Vietnam, whose solid fundamentals have attracted an influx of foreign companies, remains compelling to foreign direct investment (FDI) despite intensified global competition, according to HSBC.
Economy - Thu, August 8, 2024 | 5:40 pm
Slow administrative procedures hinder Korean investments in Vietnam: KoCham chair
The potential for further investment from South Korea remains huge, but administrative obstacles need to be dealt with to tap that potential, Hong Sun, chairman of the Korean Business Association (KoCham) in Vietnam, tells The Investor.
Opinion - Fri, July 12, 2024 | 11:58 am
Tech giants might shun or leave Vietnam if policy lacks investment support: ministry
Some global giants, including LG Chemical, AT&S and SMC, are eyeing investments in countries other than Vietnam or considering no more new investments here as the country's current policy lacks investment support, the Ministry of Planning and Investment has said.
Industries - Wed, July 3, 2024 | 10:44 am
Vietnam likely to grow 5.5-6% this year: think tank
Vietnam’s economy is likely to expand 5.5-6% this year, 0.5 percentage points lower than the government’s target, researchers with the Hanoi-based Vietnam Institute for Economics and Policy Research (VEPR) estimate.
A year in review and 2024 forecasts - Sat, May 18, 2024 | 4:31 pm
Navigating Global Minimum Tax rules
Dang Ngoc Minh, deputy head of the General Department of Taxation, gives his insight into the status of Pillar 2 implementation of the Global Minimum Tax (GMT) in Vietnam, takeaways from Resolution No. 107/2023/QH15, and the Government's plan to build a follow-up decree.
Consulting - Tue, May 14, 2024 | 4:49 pm
Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert
Vietnam’s policymakers need to consider changes to foreign direct investment incentives to keep the country competitive when it implements Global Minimum Tax rules, says Prof. Nguyen Mai, chairman of the Vietnam’s Association of Foreign Invested Enterprises (VAFIE).
Opinion - Tue, May 14, 2024 | 9:37 am
Vietnam leads Southeast Asia in Global Minimum Tax implementation: expert
Vietnam has made fast progress and leads Southeast Asia in implementing the Global Minimum Tax (GMT), said Jonathan Pemberton, a senior advisor with the Washington D.C-based International Tax and Investment Center.
Economy - Thu, May 9, 2024 | 12:12 pm
Vietnam should promote FDI with cost-based incentives: association
Vietnam should consider replacing low corporate income tax with cost-relief incentives to remain competitive in attracting FDI amid Global Minimum Tax enforcement, said Prof. Nguyen Mai, chairman of Vietnam’s Association of Foreign Invested Enterprises (VAFIE).
Economy - Wed, May 8, 2024 | 10:12 pm
Samsung willing to pay more under global minimum tax scheme in Vietnam
South Korean conglomerate Samsung stands ready to pay more taxes in Vietnam in line with the Global Minimum Tax (GMT) roadmap, Dong Thi Hong Anh, chief accountant of its Vietnam operations said Tuesday.
Companies - Tue, May 7, 2024 | 7:29 pm
Vietnam should proactively implement Global Minimum Tax: official
Although the Global Minimum Tax is not mandatory, Vietnam should implement it proactively because it can increase tax revenues, further international integration and create new opportunities, a senior tax official says.
Economy - Tue, May 7, 2024 | 3:15 pm
Peer reviews to referee global minimum tax implementation disputes: expert
The Global Minimum Tax being a complicated affair, peer reviews are likely to referee different interpretations, Jonathan Pemberton, a senior advisor with the Washington D.C.-based International Tax and Investment Center (ITIC), said Tuesday.
Economy - Tue, May 7, 2024 | 1:38 pm
International workshop on Pillar 2 Global Minimum Tax implementation to be held in Hanoi
The Vietnam's Association of Foreign Invested Enterprises (VAFIE) and the Washington D.C.-based International Tax and Investment Center (ITIC) will hold an international workshop themed "Pillar 2 Global Minimum Tax Implementation in Vietnam" on Tuesday.
Economy - Tue, May 7, 2024 | 8:05 am
VAFIE to maintain core strength focus – offer policy advice, facilitate economic ties
The Vietnam's Association of Foreign Invested Enterprises (VAFIE) will continue participating in policy and law building activities and facilitating multilateral economic relations, its executive committee said at a review meeting Tuesday.
Economy - Tue, April 23, 2024 | 5:36 pm
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