November 14, 2011
A car factory of Truong Hai, a member of the Vietnam Automobile Manufacturers' Association. The Vietnam Automobile Manufacturers’ Association is opposing a ministeral decision that allows local car maker Hyundai Thanh Cong to import auto frames at lower tariffs than usual. According to the association, also known as VAMA, the Ministry of Science and Technology [...]
Tags: 20 Percent, Association, Automobile manufacturers, Car Maker, Hyundai, Hyundai Thanh, Hyundai Thanh Cong, import, Local Car, Of Truong Hai, percent, tariffs, Tax rates, Thanh, Thanh Cong, The association, The Association Said, The vietnam, The Vietnam Automobile, The Vietnam Automobile Manufacturers, Truong hai, Vietnam, Vietnam Automobile, Vietnam Automobile Manufacturers
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November 12, 2011
Auto industry insiders say authorities have given an unfair tax advantage to Hyundai Thanh Cong, allowing the car maker to import whole frames at low tariffs applicable only to separate components. According to Hyundai Thanh Cong, which assembles and imports models of the South Korean car maker Hyundai, the company was allowed to import [...]
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January 1, 2011
High taxation rates = larger budget = more development. Logical, yes. Realistic, no. In fact, reasonable tax rates not only make it easy for people to pay them, but they also boost a country’s growth. According to HSBC’s International Expat Explorer Survey 2010, 45 percent of foreign workers in Singapore earn more than US$200,000 [...]
Tags: 000 Sgd, Country, Foreign, Graduate, Income Tax, Income Tax Rates, income:, Low Income Tax, Low Income Tax Rates, low-income, More And More, people, percent, rates, Singapore, Tax rates
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December 15, 2010
President Barack Obama makes a statement about the senate vote on middle class tax cuts in the Brady Press Briefing room of the White House in Washington, December 13, 2010. President Barack Obama’s sweeping plan to extend expiring tax cuts for millions of Americans headed for overwhelming passage in the Senate on Wednesday, putting the [...]
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January 2, 2010
What should Vietnamese businesses do to to boost exports in 2010? In 2009, Vietnam’s export turnover is likely to drop by 10 percent over 2008 and the country is facing a trade deficit due to the impact of the global economic downturn.Ass.Prof and Dr. Nguyen Tat Thang, a senior researcher from the Ministry of Industry [...]
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December 7, 2009
Land use taxes need to be revised to resolve the ongoing dispute between homeowners and developers in Ho Chi Minh Cityâs Phu My Hung residential area once and for all, a government advisor has said. The dispute has revolved around who should pay land use taxes, but the real problem is whether the tax rates [...]
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November 23, 2009
National Assembly representatives on Saturday voiced their disagreement with the annual house tax proposed by the finance ministry, saying it would cause adversely impact many citizens. âThe draftâs regulations will significantly affect the society,â representative Dieu Kre from the central province of Dak Nong said. âIâm afraid that people wonât agree to pay housing tax [...]
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October 22, 2009
LookAtVietnam – National Assembly deputies on October 21, discussed the draft laws on natural resources tax and elderly people. Elderly people in Phong Tho district in the northern mountainous province of Lai Chau receive health treatment. Law on the elderly is under discussion by the Assembly.Deputy Nguyen Dinh Quyen from Ha Noi said the law [...]
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September 18, 2009
LookAtVietnam – While customs agencies in all localities impose the import tariff of five percent on certain animal feed imports, the Ba Ria-Vung Tau customs agency imposes 10 percent. Circular No 129 dated December 26, 2008 of the Ministry of Finance stipulates that animal and poultry feed, both processed and unprocessed, such as bran, oil [...]
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September 16, 2009
LookAtVietnam – The Ministry of Finance has affirmed that the housing tax is a kind of asset tax rather than an anti-speculation tax. Deputy Director of the Tax Policy Department under the Ministry of Finance Pham Dinh ThiThi, who is also a member of the compilation committee of the draft housing tax, in an interview [...]
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