Preparing MNCs for a global tax rate
July 27, 2022 | 10:36
The introduction of a global minimum corporate tax on the foreign profits of multinational corporations will affect Vietnam’s own tax plans. Annett Perschmann-Taubert, tax partner at PwC Vietnam, discussed with VIR’s Luu Huong the current tax landscape and how policies should be reformed in order to maintain momentum.
Banks record higher profits, some exceeding annual plan
October 28, 2021 | 08:00
Multiple banks recorded prosperous business results in the first nine months of 2021 despite the negative impacts caused by the COVID-19 pandemic, with some even exceeding business targets for the whole year.
Livestock groups satisfied despite drop in recent profits
August 18, 2021 | 13:04
While supply chain disruptions exacerbated by rising input material prices have brought down revenue and profit from standout heights in 2020, many of the biggest livestock companies in Vietnam are looking at first-half year results with a sense of satisfaction.
Meagre profits for some lead to longer-term hopes
May 12, 2021 | 10:00
Vietnam witnessed a growth of import-export activities in the first four months of 2021, hitting a 10-year record high despite the pandemic, but profits have been eaten away by high logistics and raw material costs.
Massive profits slated for finance and banking sector in 2018
March 26, 2018 | 14:29
Throughout the AGM season, commercial banks unveiled remarkable business targets for the year ahead, promising huge revenue, profit, and charter capital raises.
Gas and oil firms fall on hard times in real estate sector
February 28, 2018 | 18:00
Medium- and small-scale domestic gas and oil firms are suffering heavy losses from real estate investments.
Listed domestic real estate firms swimming in huge profits in 2017
February 27, 2018 | 18:50
Domestic real estate firms listed on the Vietnamese bourse reported inundating profits totalling at $6.8 billion, up 39 per cent against 2016.
To catch the tax cheats
January 21, 2013 | 14:47
Transfer pricing by multinational companies as a means to dodge taxes has become a hot but also tricky topic.
Banks continue to be in a pickle
November 22, 2012 | 16:26
Continuing economic difficulties are hitting banks’ dividend payments.
Profits give banks the flip flops
May 03, 2012 | 09:26
Banks are anxious about darkening 2012 profit targets.
Strangled credit growth to choke banks
March 06, 2012 | 08:57
Contained credit growth could dampen bank profit targets in 2012.
Ministries differ on state of fuel distributors
November 26, 2011 | 09:01
The Ministers of Finance and Industry and Trade brought intrigue to the Q&A session at the ongoing National Assembly meeting yesterday, given their different information on the financial state of the fuel trading sector.
Profits hit by economic wave
August 06, 2011 | 14:19
Firms are struggling to record positive profits amid a hostile business climate.
CIT Law means steep learning curve for firms
August 30, 2010 | 15:35
After an exhaustive period of corporate income tax finalisation due to many changes in tax laws, Official Letter 7250/BTC-TCT, issued on June 7, 2010, has seen more enterprises make adjustments to their tax returns, writes Nguyen Thi Hong Nhung, a manager of Ernst & Young Vietnam.
Sweet profits yet to spur SOEs
October 03, 2005 | 18:23
Most equitised enterprises have attained higher turnovers and profits than during the pre-equitisation period. Yet, the number of firms that have been equitised this year has lagged far behind target, reaching just a quarter of the government’s plan.
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