April 20, 2011
During late April and May, Park Hyatt Saigon hotel is offering special promotions like the Easter brunch, spa packages, and incentives for event planners. Park Hyatt Saigon is hosting a traditional Easter brunch buffet on Sunday, April 24, from 11 a.m. to 3 p.m. at the Opera Restaurant. Among the specials are seafood on [...]
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December 21, 2009
Vinamilk employees work on a production line. Green enterprises and co-operatives will enjoy tax incentives as the Government seeks to encourage them to use environmentally-friendly technologies. LookAtVietnam – Green enterprises and co-operatives will enjoy tax incentives as the Government seeks to encourage them to use environmentally-friendly technologies, according to the city’s enterprises.They will enjoy a [...]
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December 10, 2009
LookAtVietnam – Finance Ministry inspectors have found that the localization strategy on which Vietnam has put high hopes has fallen far short of its goals. Most major dailies carried stories December 10 reporting the findings of a Finance Ministry inspection of six foreign-controlled plants that assemble automobiles for the Vietnamese market. The data in this [...]
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December 3, 2009
Bui Dang Dung, a member of the NA Committee for Finance and Budget, spoke to Investment newspaper about why the NA had declined to vote on draft VAT . . . The main reason was because the Finance Ministry wants to reduce value added tax and corporate income tax for firms that invest in building [...]
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November 13, 2009
LookAtVietnam – Policies on tax cuts applied to cars and car parts will stop in one month, the Government has announced. The Government’s decision has put an end to arguments over whether to extend the policy on value added tax (VAT) and ownership registration tax reductions for cars and car parts. After December 31, 2009, the [...]
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October 29, 2009
Garments machinery, accessories on show in HCM City; Sacombank Securities prepares for IPO; Vietnam, France entrepreneurs boost cooperation Over 60 companies from 14 countries and territories worldwide are displaying their machinery and accessories that are used in the garments and textiles industry at an exhibition in Ho Chi Minh City. The exhibition, known as AAMA-TEX [...]
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October 27, 2009
A man reads the specs for a Mercedes Benz model at a car dealership in Ho Chi Minh City Local car makers have requested the government to extend tax incentives saying the industry needs more time to fully recover, local media reported Monday. The car market would face a sharp decline next year if the [...]
Tags: 12 Percent, Car Makers, Government, incentives, Local, Local Car, Local Car Makers, makers, Next Year, Online Newspaper, percent, Registration Fees, The car, The government
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October 17, 2009
Two potential buyers ponder cars at a dealership in Ho Chi Minh Cityâs District 5 Vietnamâs car industry needs a much sharper strategic focus on a strong product line or it will be run over by foreign competitors in the next decade, experts say. Ngo Van Tru, deputy head of the Heavy Industry Department under [...]
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September 22, 2009
LookAtVietnam – Vague legal documents and bewildering bureaucracy has left transport companies risking being left with billions of Dong worth of tax arreas. In July 2009, a private-run company in Lai Chau received a license to provide coach trips. The license clearly states the company can enjoy tax incentives, including land leasing fee exemption, corporate [...]
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September 21, 2009
The government has provided a 50 percent cut in value added tax on cars since February. The Ministry of Industry and Trade has proposed a hike in import duties on cars and a new luxury tax on mobile phones to narrow the trade deficit, local newswire VnExpress reported Monday. The ministry said it was suggesting [...]
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