Lawmakers study VAT implications

Lawmakers study VAT implications

Some have argued that the National Assembly should increase the existing common VAT rate to swell the state budget, but many enterprises are suffering from lingering difficulties
Confidence boost priority for business

Confidence boost priority for business

The poor performance of the business community has prompted the National Assembly to urge the government to amplify its policies to support struggling enterprises.
Measures taken to stabilise foreign exchange market: SBV Governor

Measures taken to stabilise foreign exchange market: SBV Governor

Hanoi - Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on May 29 said that the central bank is closely following market moves and implementing measures to stabilse exchange rates and foreign exchange market as the Government has directed.
Upcoming NA bears extra significance with elections

Upcoming NA bears extra significance with elections

The National Assembly is set to elect the country’s new state president and the legislature’s chairman this month, following leaders stepping down from the posts.
Sunwah Group intensifies investment endeavours

Sunwah Group intensifies investment endeavours

Sunwah Group is intensifying its investment, particularly in industrial parks, as noted in a meeting with Vietnam's National Assembly Chairman Vuong Dinh Hue.
Rise in consumption likely with VAT accord

Rise in consumption likely with VAT accord

The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
Revival of businesses more achievable through support

Revival of businesses more achievable through support

Enterprises are in critical need for more support, with a reduction of taxes and fees proposed to be lengthened until the middle of next year.
State-owned group reform failing to meet expectations

State-owned group reform failing to meet expectations

Slow-paced reform of a series of state-owned enterprises is continuing to undermine the country’s competitiveness and investment environment.
Authorities ponder extension of recovery programme

Authorities ponder extension of recovery programme

Sluggish disbursement of the Programme on Socioeconomic Recovery and Development for 2022-2023 (PSRD) has prompted the government to ask the National Assembly to lengthen the programme, amid enterprises still in difficulties and needing more support.
Government members, heads of sectors grilled at NA’s meeting

Government members, heads of sectors grilled at NA’s meeting

The 15th National Assembly’s 6th session continued in Hanoi on November 6, with Government members and heads of sectors fielding legislators’ questions..
National Assembly to start Q&A session next week

National Assembly to start Q&A session next week

A question and answer session will take place next week as part of the ongoing sixth meeting of the 15th National Assembly (NA).
Vietnam Socioeconomic Forum 2023 seeks solutions

Vietnam Socioeconomic Forum 2023 seeks solutions

At the Vietnam Socioeconomic Forum 2023 on September 19, the National Assembly chairman emphasised that the country is struggling with many challenges.
Leaders question validity of short-term VAT fix to support business community

Leaders question validity of short-term VAT fix to support business community

With the National Assembly set to reduce VAT from 10 to 8 per cent for six months from July 1, some of its deputies argue that the tax cut should be bigger and last longer to support individuals and businesses in the current difficult times.
Authorities step up to avert more job losses

Authorities step up to avert more job losses

Amid enterprises facing increased woes undermining economic growth, the government has been recommended to take prompt solutions to prevent growing unemployment.
Struggling global outlook dampens growth prospects

Struggling global outlook dampens growth prospects

The National Assembly has asked the government to apply more sturdy solutions to boost economic growth currently slowing down.
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