Rise in consumption likely with VAT accord
The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
Source: vir.com.vn
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Over 250 petitions submitted to authorities on fragility of petroleum regulations
The petitions concern the petroleum business restrictions in decrees No.83/2014/ND-CP and No.95/2021/NQ-CP, resulting in losses for retail establishments.
Source: vir.com.vn
Vietnam preparing for new growth
The Vietnamese economy is bouncing back significantly. Shimizu Akira, chief representative at the Vietnam Office of the Japan International Cooperation Agency, spoke with VIR’s Thanh Tung about solutions for the government to achieve quicker economic growth.
Source: vir.com.vn
Vietnam considering fuel tax cuts amid inflation pressure, says finance minister
Vietnam is considering cutting taxes on fuel to help ease prices at all-time highs, but inflation remains under control and helped by domestic food production, its finance minister has announced.
Source: thestar.com.my
Vietnam considering fuel tax cuts amid inflation pressure: FinMin
Taxes of all kinds account for around 30% of retail prices
Source: tuoitrenews.vn