Apply 2% VAT cut to all goods, services: Vietnam commerce chamber

Apply 2% VAT cut to all goods, services: Vietnam commerce chamber

The Vietnam Chamber of Commerce and Industry (VCCI) has proposed the Ministry of Finance cut the value added tax (VAT) by two percentage points for all goods and services amid prolonged economic stagnation.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Targeted financial inspections and audits for 2023

Targeted financial inspections and audits for 2023

The Ministry of Finance has set out directives regarding the inspection of state budget obligations in Official Letter No. 10039/BTC-TTr dated October 3, 2022.

KPMG - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

HCMC eyes $9.5 bln investment in 6 new metro projects until 2035

Ho Chi Minh City is drafting a plan to invest VND236,629 billion ($9.53 billion) in building six more metro projects until 2035, while admitting state budget and official development assistance (ODA) capital are limited.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

State budget provides 1.3% of Hanoi housing investment in 2021-2030

State budget provides 1.3% of Hanoi housing investment in 2021-2030

Hanoi needs VND880,000 billion ($36.84 billion) for housing investment in 2021-2030, of which the state budget will provide VND11,700 billion, or 1.3%, according to the city’s newly-approved housing development program.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Use state budget for second Hanoi metro line's extra costs: PM

Use state budget for second Hanoi metro line's extra costs: PM

Prime Minister Pham Minh Chinh has asked relevant agencies to seek state budget funds for extra costs incurred in the Nhon-Hanoi Station metro line, instead of official development assistance (ODA).

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

20 years on, HCMC pledges year-end site clearance for Safari park

20 years on, HCMC pledges year-end site clearance for Safari park

Ho Chi Minh City officials pledged Thursday to complete land clearance by the year-end for the Saigon Safari Park project in Cu Chi district, almost 20 years after it was licensed.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Enhancing audit, inspection over tax compliance requirements

Enhancing audit, inspection over tax compliance requirements

The General Department of Taxation (GDT) recently issued Official Letter No.769/TCT-TTKT requesting provincial and municipal tax authorities to strengthen measures to prevent loss of state budget revenue and ensure correct and sufficient tax collection.

KPMG - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Vietnamese billionaires' companies contribute $3.24 bln to state budget

Corporations run by Vietnamese billionaires contributed VND75.2 trillion ($3.24 billion) to the state budget in 2021, with Pham Nhat Vuong’s Vingroup making the largest contribution.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7