tax authorities to cut at least 20 per cent of compliance costs related to business activities

Tax authorities to cut at least 20 per cent of compliance costs related to business activities

The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
thai king approves new cabinet led by pm srettha thavisin

Thai King approves new cabinet led by PM Srettha Thavisin

Thailand's King Maha Vajiralongkorn has endorsed the cabinet of Prime Minister Srettha Thavisin, a royal gazette said on September 2.
vietnam not letting up in free trade deal bonanzas

Vietnam not letting up in free trade deal bonanzas

Since its national establishment in September 1945 and the country’s opening doors to the world economy 37 years ago, Vietnam has reaped significant economic bonanzas from a large network of economic links, including free trade agreements.
big four slash deposit interest rates to lowest in banking system

‘Big Four’ slash deposit interest rates to lowest in banking system

The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.
vietnams dairy game hits next level

Vietnam’s dairy game hits next level

More and more foreign dairy brands are choosing the Vietnamese market as a springboard to reach out internationally, while domestic milk producers create more solutions to protect market share.
action underway to protect lego branding

Action underway to protect Lego branding

Danish toy manufacturer Lego Group and Vietnamese authorities have discussed enforcement actions and remedies that could protect the company’s intellectual property in Vietnam.
vietnam to introduce new environmental fee for emissions

Vietnam to introduce new environmental fee for emissions

Vietnam's Ministry of Finance has initiated a public consultation process for a draft decree aimed at levying an environmental protection fee for emissions.
legal proceeding launched after gia lai serious accident

Legal proceeding launched after Gia Lai serious accident

Police in the Central Highlands province of Gia Lai have decided to start legal proceedings after an accident that took place in Chu Puh district and killed three people on August 12.
thailand one killed another missing in shipwreck accident

Thailand: one killed, another missing in shipwreck accident

Thai police said on August 13 that at least one person was killed in a ship capsizing accident in the south of Thailand.
typhoon doksuri kills 25 makes 20 missing in philippines

Typhoon Doksuri kills 25, makes 20 missing in Philippines

The Philippines’ National Disaster Risk Reduction and Management Council (NDRRMC) on July 31 announced that the death toll from flooding and landslides triggered by Typhoon Doksuri climbed to 25, and at least 20 others remain missing.
smaller businesses continue to bemoan strict lending criteria

Smaller businesses continue to bemoan strict lending criteria

Despite falling interest rates, approximately a quarter of Vietnam’s small- and medium-sized enterprises are still grappling with capital access challenges.
thailand firework blast kills at least ten

Thailand: Firework blast kills at least ten

A large explosion at a fireworks warehouse in the southern Thai province of Narathiwas on July 29 has killed at least 10 people and wounded about 120 others.
ecb opens door to pause in rate hiking campaign

ECB opens door to pause in rate hiking campaign

The European Central Bank lifted a key interest rate to its highest level since early 2001 on Thursday as it fights stubborn inflation but opened the door to pausing its aggressive rate hiking campaign.
first leed certified ready built warehouse in vietnam developed by frasers property

First LEED-certified ready-built warehouse in Vietnam developed by Frasers Property

Frasers Property Vietnam announced on July 18 that the US Green Building Council (USGBC) has confirmed its Eco Logistics Centre as the country's first LEED-certified ready-built warehouse.
policy tweaks can tap pharma investment trends

Policy tweaks can tap pharma investment trends

Since 2015, Vietnam’s pharmaceutical sector has accomplished several significant achievements, thus taking its first step in attracting the attention of both prospective domestic and foreign investors as well as major pharma corporations in investing and collaborating with Vietnam.