02-06-2016 21:10
Amendments and supplements to the Law on Special Consumption Tax took effect from January 1, 2016. Nguyen Thi Cuc, chairwoman of Vietnam Tax Consultants’ Association, however, stresses the importance of further tax revision to facilitate actual development requirements and protect taxpayers’ rights.
31-05-2016 11:21
Bank mobilisation and lending rates are predicted to rise. Nguyen Ngoc Hoa, a member of National Assembly’s Economic Committee and also deputy director of Ho Chi Minh City Department of Industry and Trade, sheds light on its impact on business performance as well as the inflation situation.
14-04-2016 11:18
Vietnam’s socioeconomic development plan for 2016-2020 was approved by the National Assembly on April 12.
11-04-2016 14:41
Accelerating capital disbursement is vital to scoring higher economic growth. Increased investment, however, could drive up budget overspending and public debt as well as ring the bell for a possible return of inflation in the wake of less effective investment. Tran Hoang Ngan, a member of the National Assembly’s Economic Committee, highlights the need to apply a lending interest rate payment on official development assistance capital to bolster usage efficiency.
02-02-2016 11:35
The Political Report of the 12th Party Congress has set targets to increase the total factor productivity contribution to 25-30 per cent of the economy’s growth and increase labour productivity by 4-5 per cent per year in the upcoming period. Le Bo Linh, Deputy Chairman of the Committee for Science, Technology and Environment under the National Assembly, highlights the importance of spurring science and technology development by making concrete goals to fill the gap in development between Vietnam and regional peers.
02-02-2016 11:30
Nguyen Dinh Cung, head of the Central Institute for Economic Management, sheds light on the key messages from the 12th National Party Congress documents which will usher in more radical institutional reforms this year to underpin sustainable development for the country.
23-11-2015 12:01
After years of negotiations between member countries, the contents of the Trans-Pacific Partnership have finally been made public knowledge. Vu Nhu Thang, head of the International Co-operation Department, offered VIR’s Manh Bon his take on when the partnership will come into effect, and what its impact will be.
20-10-2015 18:00
Dang Quyet Tien, deputy head of the Ministry of Finance’s Corporate Finance Department, talks about the progress and major challenges facing the government’s equitisation plan.
14-04-2015 13:27
Further measures are proposed to assist the State Capital Investment Corporation (SCIC) to reach its target of finalising the state capital divestment plan on time, as assigned by the government.
23-03-2015 11:59
Power prices have increased by 7.5 per cent since March 16. Nguyen Bich Lam, chief of the General Statistics Office under the Ministry of Planning and Investment shares with VIR’s Manh Bon his take on the possible impacts higher power prices can have on the economy.
14-03-2015 14:48
The ASEAN Economic Community is expected to shape up late this year, allowing regional labourers to find jobs wherever they want within the region. Deputy Chairman of the National Assembly’s Social Affairs Committee Bui Sy Loi explains why this would not be a concern for local labourers.
11-02-2015 15:55
Head of the World Economic Department under the Ministry of Planning and Investment’s National Centre for Socio-Economic Information and Forecast Luong Van Khoi explains why now is the right time to adjust import duty on petroleum products to bolster economic stability.
20-01-2015 12:04
Nguyen Thi Hanh, head of the General Department of Taxation’s Personal Income Tax Management Division, shares with VIR’s Manh Bon some new points in tax payment implemented from January 1, 2015.
24-12-2014 16:56
On January 1, 2015 the cap on advertising and promotion costs will be lifted. Deputy Minister of Finance Do Hoang Anh Tuan shines further light on this long-awaited decision.
11-12-2014 15:00
Starting January 1 next year, the minimum monthly wage will rise by between VND250,000 ($11.7) and VND400,000 ($18.8) while net income may not increase much, or could even fall. Firms and workers have to accept this in order to ensure social security over the long-term, Bui Sy Loi, deputy chairman of the National Assembly Committee for Social Issues told VIR’s Manh Bon.