Overseas remittances to HCM City reach US$3 billion

Overseas remittances to HCM City reach US$3 billion

Overseas remittances to Ho Chi Minh City through official channels in the first eight months of 2017 were estimated at 3 billion USD a year on year increase of 5 percent sourced mostly from the US and Europe
Guidelines for collection of tax arrears for cars of overseas Vietnamese citizens

Guidelines for collection of tax arrears for cars of overseas Vietnamese citizens

VCN- Vietnam Customs has issued several documents to guide local Customs Departments to collect tax arrears of Vietnamese citizens residing abroad.
Bank for overseas Vietnamese proposed

Bank for overseas Vietnamese proposed

A proposal to establish the Viet kieu (Overseas Vietnamese) Bank in Viet Nam has been raised at a meeting between Prime Minister Nguyen Xuan Phuc and Viet kieu experts last week.
HCMC receives $2.9b in remittance in 8 months

HCMC receives $2.9b in remittance in 8 months

Remittances to HCM City in the first eight months of this year rose nearly 6 per cent year-on-year to reach US$2.9 billion.
Allowing securities companies to invest indirectly overseas

Allowing securities companies to invest indirectly overseas

VCN- ​In circular No.105/2016/TT-BTC of the Ministry of Finance entered into force on 15-8-2016, the Ministry of Finance has officially allowed securities companies to invest overseas indirectly with up to 30% equity.
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