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MoF addresses recent public tax claims

01-03-2016 10:14

Responding to a recent widespread public claim that as much as 40 per cent of businesses’ profits are taken away by tax contributions, a Ministry of Finance representative noted that the claim is inaccurate in as much as it dubs other contributions, such as social and health insurance, unemployment insurance, and trade union fees, as tax payments to erroneously inflate the figure.

Highway contractors dispute liability for hefty tax bill

26-02-2016 10:38

Highway contractors in Vietnam are on high alert following the tax authorities’ issuance of a spate of tax arrears bills in royalty payments and environmental protection fees.

Platini vows to fight 'injustice' at FIFA appeal

16-02-2016 10:51

FIFA judges in December banned Platini from all football activities for eight years over a 2 million Swiss franc payment he received from FIFA's disgraced president Sepp Blatter in 2011.

Labour benefits raise production cost concerns

15-01-2016 11:46

Although the amended Law on Social Insurance 2014 is expected to benefit labourers, domestic and foreign firms are concerned about growing production costs caused by increased social insurance payments.

VN households may soon pay tax online

08-01-2016 10:46

Online tax payment will likely be availabe to individuals and business households in Viet Nam soon with the pilot implementation underway in three major cities.

Day of FIFA reckoning for Blatter, Platini

21-12-2015 09:41

FIFA's ethics watchdog will on Monday give a verdict against Sepp Blatter and Michel Platini with both facing lengthy bans over a suspect US$2 million payment.

Blatter says corruption charge dropped

21-12-2015 09:35

FIFA's suspended president Sepp Blatter says the world body's ethics watchdog have dropped corruption charges against him over a suspect US$2 million payment.

Cash payment habit still popular

16-12-2015 20:00

Deputy Prime Minister Vu Duc Dam today urged closer co-operation among ministries and sectors to reduce the prevalence of cash payments and create conditions that encourage people to use electronic payment systems.

14 state hospitals in Vietnamese province run out of money for salary payment

10-12-2015 09:25

Fourteen state hospitals in Vietnam’s Dak Lak Province now owe around VND15 billion (US$667,000) in salaries for their staff, according to the provincial health department.

Vietnam tax breaks for troubled investments

02-12-2015 09:40

The 60-day deferral of Value Added Tax (VAT) payments on importation and VAT refunds are the tax incentives Viet Nam applies to investment projects facing objective financial problems.

Hilton hotels hit by cyber attack

25-11-2015 15:35

Hilton would not disclose whether data was taken, but advised anyone who used payment cards at Hilton Worldwide hotels between Nov 18 and Dec 5 of 2014 or Apr 21 and Jul 27 of this year to watch for irregular activity on credit or debit card accounts.