The depreciation of yen against dollar, more available funds for loans from Japanese banks, and the fast aging population make Japanese corporations increasing investment in foreign markets including Vietnam through setting up business venture. In a morning of Jan 22nd 2015, the office of Ministry of Planning and Investment and Foreign Investment Agency have met … Read more
Vietnam has made a special impression in the process to reform administrative, especially the tax procedures, social security, affirmed that Vietnam has built a social insurance system well. 11-Feb afternoon, Nguyen Tan Dung Prime Minister had a meeting with the National Director of World Bank in Vietnam – Mrs. Victoria Kwakwa. At the meeting , … Read more
Results of the survey of Korea International Trade Association (KITA) announced in early January 2015 showed that the majority of the Korean companies which planned to expand their business in the emerging foreign markets this year had chosen Vietnam. According to KITA, out of about 537 Korean businesses surveyed, 49% said that they planned to develop … Read more
Depending on type of enterprises, but generally, an operating enterprise must conduct procedures to pay taxes according to the provision of law. These type of taxes can be mentioned as the follow: License Tax; Enterprise Income Tax is applicable to goods and services production and business organizations which have taxable income under the provision of … Read more
Tax in Vietnam is a complicated problem and is one of company’s big concerns in business operation. According to Vietnam Law on Tax Administration, tax registration and tax declaration are two of core obligations. For tax registration, Law on Tax Administration determines that tax registrants include: business organizations, households and individuals; individuals who have incomes … Read more