October 29, 2009
LookAtVietnam – The municipal Social Insurance Agency is planning to take enterprises that have failed to pay social insurance for their employees to court in November. There were currently 55 enterprises in the city that had not paid social insurance premiums for their employees, and the outstanding amount had exceeded VND131 billion (US$7.2 million), Mai [...]
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August 3, 2009
VietNamNet Bridge – A lot of domestic construction glass producers have had to temporarily stop production as stocks have become big and products remain unsold. Meanwhile, domestic products cannot compete with imports in terms of price. Tran Quoc Thai, Chairman of the Vietnam Glass Association, said in an interview with Thoi bao Kinh te Vietnam [...]
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April 11, 2009
LookAtVietnam – Tax is a hot topic in Vietnam at the moment with the unprecedented introduction of changes to three major tax laws effective from January 1, 2009, being the Corporate Income Tax, Value Added Tax and Personal Income Tax. Under the new PIT laws “salary and wages” have been extended to include certain other types [...]
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March 20, 2009
LookAtVietnam – The State Bank of Viet Nam has ordered commercial banks to stop using derivatives to spot-trade US dollars at exchange rates higher than the capped trading band. “Many banks believe that we should be allowed to use bridge currencies to trade dollars in order to improve dong liquidity, or the market is going [...]
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