An insurance official in the northern mountainous province of Sơn La instructs elder citizens to fill out the forms. — VNA/VNS PhotoViet Nam News Nguyễn Hoàng Phương, Deputy Director of the Technology Centre of Việt Nam Social Security (VSS) talks to Việt Nam News on the strides the centre has made in technology adoption to achieve efficiency and better delivery of public services. In 2017 and 2018, Việt Nam Social Security (VSS) topped various Government technology rankings, including the lists for e-portal and human resources capacity and the technology readiness (ICT Index). Could you tell us more about VSS’s achievements in this regard and how they came to be? Information technology (IT) application, administrative reforms and raising the capacity of our staff have been at the forefront of the VSS agenda in recent years as we move into the Industry 4.0 era. Technology has been deeply integrated into our operational … [Read more...] about Tech to bring better insurance services for people
What do state taxes pay for
Taxing times for the internet icons
Governments worldwide are concerned with the spread of so-called fake news online, Photo: freepik Last week, Google has been accused of manipulating users to track their activities in the Czech Republic, Greece, the Netherlands, Norway, Poland, Slovenia, and Sweden. AFP reported that seven European consumer groups filed complaints against Google with national regulators, accusing it of covertly tracking users’ movements in violation of EU data protection regulations. The complaints stated that Google used “deceptive design and misleading information, which results in users accepting to be constantly tracked.” Council official Gro Mette Moen charged, “Google uses extremely detailed and comprehensive personal data without an appropriate judicial basis, and the data is acquired by means of manipulative techniques.” Social media contains risks Over the last years, the emergence of the Internet and social media has brought about quite the information … [Read more...] about Taxing times for the internet icons
Bad debts are heavy load on tax agents
Nguyễn Đại Trí. — Photo thoibaotaichinhvietnam.vn Nguyễn Đại Trí, deputy director of the Việt Nam Taxation Office talks to Hải Quan (Customs) newspaper about efforts to avoid losses in tax collection and to recover bad debts. What are achievements gained in the taxation sector so far this year? According to Việt Nam Taxation Office, in the first nine months of 2018, the State budget collected VNĐ962,500 billion, equal to 73 percent of the target – an increase of 13.7 percent compared with the same period last year. This was 67.9 percent of the annual target – an increase of 13.7 percent compared to 2017. In other words, the good management of tax collection has contributed to meeting the targets – a very important factor in the balancing between the collection and expenditure of the State budget. What are the key driving forces that have helped the Taxation Office achieve such a big … [Read more...] about Bad debts are heavy load on tax agents
Lower tax for SMEs aids economy: academic
Associate Professor., Doctor Le Xuan Truong The Ministry of Finance is proposing tax solutions to aid enterprises. The proposed reduction of corporate income tax is from the current 20 per cent to 17 per cent for small and medium enterprises (SMEs), or even to 15 per cent for micro enterprises. Vietnam News Agency talked with Associate Professor., Doctor Le Xuan Truong, Head of In-service Faculty of the Academy of Finance, to explore the impact of reducing corporate income tax on the business investment environment and economic growth. How do you evaluate the Ministry of Finance (MoF)’s tax cut proposal? Regarding legal issues, this proposal is essential to ensure the consistency of legal normative documents. According to Article 10 of the Law on Support for Small- and Medium-sized Enterprises (effective from 1 January 2018), SMEs are allowed to pay a rate of corporate income tax that is lower than the normal tax rate applicable for larger enterprises according to the … [Read more...] about Lower tax for SMEs aids economy: academic
City lawmakers ask for funding sources
Deputy Cao Thanh Bình speaks at yesterday’s question and answer session involving administration officials .– Photo hcmcpv.org.vn HCM City – The chief of the HCM City legislature has asked the city administration how it plans to raise resources to fund development. Speaking at yesterday’s question and answer session involving administration officials, People’s Council chairwoman Nguyễn Thị Quyết Tâm said: “The demand for resources for the city’s development is huge and urgent. Members of the People’s Council would like to know what the People’s Committee and other relevant authorities are doing to address the issue, especially when the special financial mechanism for the city has been applied this year.” Several legislators raised questions related to the special mechanism, how the city can apply the mechanism to meet the resource need, and officials from relevant departments gave replies. … [Read more...] about City lawmakers ask for funding sources