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.
More harmonisation advised for fiscal and monetary policy

More harmonisation advised for fiscal and monetary policy

While the additional loosening of monetary policy is constrained, Vietnam should focus on boosting the expansion of fiscal policy to spur domestic production and business activities, economists have said.
Crucial foreign groups attempt to stabilise business activities

Crucial foreign groups attempt to stabilise business activities

Along with local businesses, foreign-invested counterparts are also grappling with mounting hardships in an attempt to retain business continuity amid the pandemic’s complexities.
ACV targets nearly 487 million USD in revenue amid COVID-19

ACV targets nearly 487 million USD in revenue amid COVID-19

The Airports Corporation of Vietnam (ACV) has targeted earning over 11.3 trillion VND (486.9 million USD) in revenue and over 2 trillion VND (86.1 million USD) in pre-tax profit in 2020.