January 8, 2012
Experts say more should be done to eliminate scam taxis after inspections led to the suspension of eleven firms in HCMC and Hanoi An imitation taxi passes foreign tourists near HCMC’s Ben ThanhâMarket. Experts say Vietnam must do more to eliminate illegal taxis that tarnish the image of major cities. Nguyen Chi Hieu hailed [...]
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Posted in Reports | Comments Off
May 2, 2011
A recent proposal by the Ministry of Finance to raise taxable income threshold to VND5 million (US$238) from the current VND4 million ($190) will not help ease financial burdens in the context of rising consumer prices, according to experts. Le Quoc Dung, vice chairman of the Economic Commission of the National Assembly, said the [...]
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Posted in Business | Comments Off
January 15, 2011
An economist argues that Vietnam needs to start taxing the rich and easing off the poor A cyclo driver reads a newspaper outside an electronics store in downtown Ho Chi Minh City. Dr. Nguyen Minh Phong of the Hanoi Socioeconomic Research Institute says that taxes should be adjusted to meet the current economic reality. [...]
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Posted in Reports | Comments Off
June 24, 2009
A resident applies for a tax code in Ho Chi Minh City. All salaries and wages for the month of June will be subject to taxation if they are paid in July, when the Personal Income Tax Law takes effect, tax authorities said Tuesday. âThe law will be imposed from July on incomes from salary [...]
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Posted in News, Social | Comments Off