stubborn firms in the crosshairs

Stubborn firms in the crosshairs

“The current weak and inadequate sanctions cannot deter violators”
state clamps down on pricing violations

State clamps down on pricing violations

“If we discover any violations, we will require these enterprises to reduce their declaration prices in line with the regulations”
mof ready for heart to heart tax talks

MoF ready for heart-to-heart tax talks

The Ministry of Finance has gone on a road trip to show the country just how serious it is about fairness when it comes to business tax.
vietinbank bullish on bond prospects

Vietinbank bullish on bond prospects

Vietinbank has high expectations for its international bond issuance plan by banking on brighter macroeconomic prospects this year.
vigilence to detect transfer pricing cases

Vigilence to detect transfer pricing cases

Tax declaration inspections of foreign-invested enterprises are to be stepped up to discover any transfer pricing cases.
rocky economy to knock equitisation plan off its stride

Rocky economy to knock equitisation plan off its stride

Uncertain macroeconomic conditions may sideline state-owned corporations’ equitisation plans this year.
decree to shed light on soe values

Decree to shed light on SOE values

A new draft decree on conversion of state-owned enterprises into shareholding companies is expected to answer state-owned enterprise valuation questions.
hpg to fly in the face of forecasts

HPG to fly in the face of forecasts

Hoa Phat Group, one of Vietnam’s leading heavy industry corporations, is standing behind its planned high revenue and profit targets despite a gloomy steel market this year.
giant insurer goes listing

Giant insurer goes listing

Post & Telecommunication Insurance Joint Stock Corporation will be the sixth insurer to be listed on the stock market in early March.
petrol prices in state of flux

Petrol prices in state of flux

Petroleum retail prices are likely to be hiked to offset petrol trading enterprises’ losses due to the increased USD-VND exchange rate and surging global petrol prices.
steel firms outlook looks brittle

Steel firms’ outlook looks brittle

Despite predicted higher steel prices this year, exchange rate fluctuations and higher interest rate risks will be thorns in the sides of steel trading enterprises.
standard chartered bank joins smartlink network

Standard Chartered Bank joins Smartlink network

Standard Chartered Bank (Vietnam) today announced it would be the first international bank to join the Smartlink network.
scic looking to play its cards right in 2011

SCIC looking to play its cards right in 2011

The State Capital Investment Corporation will sell stakes in 281 state-owned companies this year with bumper returns expected.
smes get needed vat lift

SMEs get needed VAT lift

The economy’s dynamos are now allowed to declare value added tax on a quarterly basis to reduce tax declaration administrative procedures.
business tax cheats found out

Business tax cheats found out

The Ministry of Finance is checking up on the application of corporate income tax preferences to small and medium sized enterprises during the global economic crisis.