National Assembly Standing Committee in yesterday meeting decided to postpone voting on the proposed environment protection tax hike. — VNA/VNS Photo Viet Nam News HÀ NỘI — The National Assembly (NA) Standing Committee postponed a vote on a proposal made by the Finance Ministry to hike the environmental protection tax yesterday, urging serious consideration of its economic impacts. … [Read more...] about NA Standing Committee delayed voting on environmental tax hike proposal
Corporate tax rate
Is H&M unfit to pursue strategy to grow number of stores?
By the end of 2019, it had eight stores located in golden destinations in popular shopping malls in big cities with stellar leasing prices. For example, with a rate of $102 per sq.m at Vincom Dong Khoi, H&M has to pay nearly $225,000 a month after its 2,000 sq.m store. Other places charge $50-100 per sq.m a month for stores of a similar size. … [Read more...] about Is H&M unfit to pursue strategy to grow number of stores?
Daewoo E&C LILAMA opposes unfair contractor selection for Quang Trach 1 power plant
At present, contractors are building infrastructure for the plant. However, the project’s progress has been impacted by the encroachment of a number of households in Vinh Son Village on the land allocated for the project. They illegally built houses, a slaughterhouse, and fences to set out land for cultivation. Some families have received compensation but have yet to hand over the land. … [Read more...] about Daewoo E&C LILAMA opposes unfair contractor selection for Quang Trach 1 power plant
VIETNAM BUSINESS NEWS JANUARY 17
Speaking at a meeting held on January 13 to review the industry and trade sector’s performance last year and set tasks for this year, Nguyen Phuong Dong, the department’s deputy director, said: “In 2020 city enterprises restructured their production to make it market-oriented. The city’s industrial sector shrunk by 4 percent last year due to the impact of the COVID-19 pandemic. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
HCMC encourages environment projects
A waste-burning facility at the Gò Cát landfill in HCM City’s Bình Chánh District. VNS File Photo. Viet Nam News HCM CITY — HCM City has called for investment in environmental protection projects from now through 2025 and announced incentives for such investment as it seeks to resolve certain problems soon. … [Read more...] about HCMC encourages environment projects