The volume of container cargo through Viet Nam’s seaports in 2022 hit 243 million tons (25 million TEUs), nearly doubling the figure recorded in 2015 (126.3 million tons or 11.5 million TEUs).
The State Budget collected VND645.4 trillion (US$28 billion) in the first four months of 2023, equal to 39.8% of the target and down 5% year on year, said the Ministry of Finance.
The Asian Development Bank (ADB) and Switzerland signed a co-financing agreement of up to US$5 million to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam, particularly among small and medium-sized enterprises (SMEs).
“Marine spatial planning is crucial, not only for unlocking the tremendous potential of offshore wind power for Vietnam, but also for contributing to ocean protection.
To Vietnam, China is the largest trade partner and the second largest export market only after the United States. As Vietnam's exports are facing a lot of difficulties due to slowing global economic recovery and shrinking consumer demand in the EU and the US, China is still a potential market.
The total amount of special consumption tax (SCT) or excise tax on domestically manufactured and assembled automobiles, proposed for payment extension from June, July, August and September of 2023, is estimated at VND10,400 - 11,200 billion.
The Ministry of Finance drafted a resolution for the National Assembly regarding a 2% VAT reduction (to 8%) in 2023 for all goods and services.
The global minimum tax rule is a progressive tax reform that aims to restrict large corporations from shifting their profit to tax havens or doing business via transnational digital platforms without a physical presence to reduce their tax payment.
Vietnam's export value fell 11.8% year on year to US$79.3 billion in the first three months of 2023, said the General Department of Vietnam Customs. This was a pessimistic signal for exports - the economic "engine" of the country.
The Government issued Decree No. 12/2023/ND-CP dated April 14, 2023 on time extension for payment of value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent in 2023.
Reed Tradex Vietnam Company recently held a kick-off ceremony and signed a cooperation agreement for the 2023 Business Initiative Community Project to support enterprises in the manufacturing, supporting industries and electronics sectors to find new potential partners.
10/20/2021 10:06:39 AM
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