The Ministry of Finance has asked local tax authorities to refund value-added tax (VAT) to enterprises if the amount of tax they default on is less than the amount of tax refund that they will receive.
Continued demand among overseas investors at the institutional level to remain this year, according to Cushman & Wakefield Vietnam report.
Vietnam risks being vulnerable to external shocks if it doesn’t push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde.
Japan and Vietnam, at a joint committee meeting in Hanoi on Saturday, agreed to work together for the promotion of the textile industry in Vietnam.
The Banking Supervision Agency under the central bank has been upgraded to a general department, with more duties and rights as of August 1, according to a newly issued decision.
Hanoi wants to step up cooperation with Japan in various fields, especially investment, trade and tourism, an official said at a workshop in the city on March 20 with the participation of 30 Japanese businesses.
Besides its numerous benefits, the Trans-Pacific Partnership will bring a slew of challenges to the Vietnamese textile, apparel and footwear sectors.
Japan and Vietnam pledged to work together to expand trade and promote investment by Japanese companies’ in the Southeast Asian nation on Saturday in Hanoi at the first meeting held by a special committee formed to boost bilateral economic cooperation.
On March 16, at the headquarters of the State Bank of Vietnam (SBV), Nguyen Van Binh, member of the Politburo, the SBV Governor had a meeting with Ms. Christine Lagarde, Managing Director of International Monetary Fund (IMF).
Vietnam will become a new industrial center in the world, while its products such as footwear and garments will enjoy big benefits when TPP takes effect.
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