FDI capital into real estate sector in 7 months reached 1.61 billion USD

Based on local reports and data collected up to present time, the Foreign Investment Department (Ministry of Planning and Investment) indicate that in the first 7 months of 2012, registered capital to Vietnam reached 8.03 billion USD, accounting for 66.9% over the same period in 2011. In particular, up to July 20th 2012, there were … Read more

Increase to 9 million VND starting taxable personal income.

After 3 months of gathering opinions other ministries, agencies, the latest amendments and supplements a number of articles on Personal Income Tax Law has been submitted to the Government by The Ministry of Finance. The most positive point is the Ministry has strongly increased the level of family allowances, tax starting with initial calculations on … Read more

From 3/9, import duties of 10% for cash transport vehicles.

Ministry of Finance has just issued Circular No. 119/2012/TT-BTC amending and supplementing Circular No. 157/2011/TT-BTC issued the export tariff, import tariff preferences under the list of goods subject to tax. Accordingly, from September 3rd 2012, imported cash transport vehicles enjoy the preferential import tax of 10%. Under Circular 119, the Ministry of Finance add group … Read more

Vietnam is a strategic partner of Kodak.

Kodak consider Vietnam as a strategic market development, in the future will promote the network of partners to increase market share in both market segments: business (B2B) and individual customers (B2C) to confirm position in Vietnam. Vietnam is a country with great potential by constantly in the top three markets which are growing at an … Read more

Commercial transaction between Vietnam and Brazil increases sharply.

Commercial transaction between Vietnam and Brazil in the first 6 months of this year reached 876.574 million USD, increase by 35% over the same period last year, including trade turnover increased sharply in both directions. According to the Ministry of Development, Industry and Foreign Trade of Brazil, in the first half of this year, this … Read more