Posts Tagged ‘ 05 Percent ’

Vietnam’s payment balance, forex reserves improve: central bank 

June 22, 2011
Vietnam’s payment balance, forex reserves improve: central bank 

As of June 10, credit had expanded 7.05 percent compared to the end of last year The central bank has increased its foreign exchange reserves due to an improving trend in the balance of payments and recent measures to support the local currency, Governor Nguyen Van Giau said. It had not been easy to increase the [...]

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Houses worth over 600 million dong to be taxed

July 31, 2009
Houses worth over 600 million dong to be taxed

Houses worth over 600 million dong will be taxed 0.03 percent per annum on the value in excess of the 600 million threshold instead of 0.05 percent as previously planned, the latest draft of the housing tax law stipulates. The Ministry of Finance, which is drafting the housing tax law, said that the draft document [...]

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Inflation eases in first seven months; trade deficit narrows

July 25, 2009
Inflation eases in first seven months; trade deficit narrows

A street vendor walks past shops selling different marriage offerings in downtown Hanoi. Inflation eased this month to a five-year low of 3.31 percent. Vietnam’s inflation eased in the first seven months of the year, with consumer prices rising 9.25 percent compared to the same period last year, official data showed Friday. For July alone, [...]

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New property tax law could fuel land crunch, speculation

April 29, 2009
New property tax law could fuel land crunch, speculation

Workers take a rest at a construction site in Ho Chi Minh City. A draft house and land tax law will tighten Vietnam’s land crunch while leaving the real estate market in the hands of speculators, experts said Monday. Residential land, houses, and land for commercial purposes other than cultivation are currently not subject to [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...