PIT is short of the mark

PIT is short of the mark

Deputy Minister of Finance (MoF) Vu Thi Mai maintains that the proposed personal income tax threshold of VND9 million ($428) and taxpayer dependent deduction of VND3.6 million ($171)/person remains low against those in other regional countries.
Less taxing time on horizon

Less taxing time on horizon

Taxpayers are in for a lift thanks to big changes in the taxable income threshold and taxable income deductions.
M&As to remain in vogue in 2012

M&As to remain in vogue in 2012

Mergers and acquisitions (M&A) will continue at high levels in 2012 with inbound acquisitions remaining significant, driven by high levels of interest amongst Asian investors, especially those from Japan and Korea, looking to tap Vietnam’s growing economy, large population and its strong resource base. Stephen Gaskill, deputy general director of PwC Vietnam, puts VIR’s Hoang Anh in the picture.
Bonus figures catch eyes

Bonus figures catch eyes

Next year’s New Year and Tet bonus figures are being aired.
Flight prices head for the sky

Flight prices head for the sky

Air passengers are in for some pricey times.
Wage hike to counter steep cost of living

Wage hike to counter steep cost of living

Workers will see fatter pay packets from October 1, 2011 as the government just ratified minimum wage hike proposals.
Floods wreak havoc in central region

Floods wreak havoc in central region

Torrential rain and floods left at least two dead and 11 injured, submerged multiple houses and blocked roads in Quang Ngai and Quang Nam provinces yesterday.
National food security policed

National food security policed

The government has decided to impose absolute tariffs on shipped rice from early August to ensure national food security. Decision 104/2008/QD-TTg stipulates that eight absolute tariff levels are imposed on rice exports. The tax levels have been calculated on the free on board (FOB) price.