Nguyễn Đức Hải, chairman of the Finance and Budget Committee, the body that reviewed the proposal, said that while the committee agreed with the bill’s intent, the Government must deliver a clearer report on its economic impacts and listen to feedback from experts and citizens, especially those most vulnerable to the tax hike. … [Read more...] about NA Standing Committee delayed voting on environmental tax hike proposal
Corporate tax rates
Is H&M unfit to pursue strategy to grow number of stores?
However, this has changed since the pandemic and the lockdown descended on Vietnam for more than a month, with the market freezing almost entirely over. Even after the social distancing, H&M's performance did not improve because of the changes in customers’ shopping behaviour in favour of e-commerce. … [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
The Ministry of Agriculture and Rural Development is therefore seeking to accelerate negotiations with the Chinese side in order to export a wide range of agricultural products through official channels. In line with this policy, priority will be given to durian, sweet potato, bird's nest, pomelo, passion fruit, avocado, custard apple, coconut, cardamom and pineapple, salted jellyfish, dried sea cucumber, and goby fish. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
HCMC encourages environment projects
A spokesman for the Department of Natural Resources and Environment said some 8,900 tonnes of solid wastes are collected daily in the city and treated at the Phước Hiệp waste treatment complex in Củ Chi District and Đa Phước Waste Treatment Complex in Bình Chánh District, with 69 per cent being buried and the rest burnt and recycled. … [Read more...] about HCMC encourages environment projects