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Friday, January 31, 2025

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Vietnam to launch two new undersea cables in 2025

HCMC – The Ministry of Information and Communications is accelerating investments in fiber optic networks to enhance internet access capacities, with plans to deploy...

Vietnam raises VAT threshold for small businesses

HCMC – The National Assembly has approved the amended Value-Added Tax (VAT) Law, raising the taxable revenue threshold from VND100 million to VND200 million per...

Ministry proposes expanding personal income tax exemptions

HCMC – The Ministry of Finance has introduced a draft law to reform personal income tax (PIT), focusing on expanding exemptions and reductions to...

VCCI proposes VAT cut for all goods and services

HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has recommended a two-percentage-point reduction in value-added tax (VAT) for all goods and services,...

Gov’t seeks greater autonomy for SOEs

HCMC – The Government has proposed revisions to the law governing state-owned enterprises (SOEs) to reduce administrative intervention and provide them with greater autonomy. Deputy...

Proposed sugary drink tax sparks debate among lawmakers

HCMC – A proposed amendment to tax sugar-sweetened beverages has ignited a heated debate in the National Assembly, with lawmakers raising concerns about its...

Subsidized bus services in HCMC to go cashless by early 2025

HCMC – Starting early 2025, subsidized bus services in HCMC will adopt a cashless payment system, according to the HCMC Department of Transport. The department...

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