Plan to have 1.5 million enterprises by 2025 requires policy breakthroughs: experts

Plan to have 1.5 million enterprises by 2025 requires policy breakthroughs: experts

The Government’s Resolution issued on March 31 on implementing a Party’s Resolution on the promotion of the private economic sector set a target of having about 1.5 million enterprises by 2025 and, according to experts, this requires breakthroughs in policies.
VBF 2023: Enterprises continuously propose many support measures

VBF 2023: Enterprises continuously propose many support measures

VCN - A representative of the Investment and trade working group said that legislatures might consider amending the Land Law to allow companies in Vietnam to mortgage land use rights to foreign lenders. This is because companies in Vietnam have difficulty
Using Tax policy to regulate real estate market

Using Tax policy to regulate real estate market

VCN - In my opinion, the development of the Law on Real Estate Tax is consistent with international practices. Many countries in the world have built this law.
Correcting policy to avoid overlaps in inspection and supervision at land border gates

Correcting policy to avoid overlaps in inspection and supervision at land border gates

Currently, the draft Decree amending and supplementing Decree No. 08/2015/ND-CP dated January 21, 2015 is being submitted to the Government related to customs inspection and supervision procedures for means of transport
Enhance information collection to meet risk management requirements

Enhance information collection to meet risk management requirements

For enterprises that do not cooperate in providing information, give up their business address, Customs authority will continue to coordinate with the Tax authority to conduct verification
Loosening monetary policy welcomed amid credit crunch

Loosening monetary policy welcomed amid credit crunch

The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year (Tet).
Policy rate hike unavoidable to curb exchange rate, inflation risks

Policy rate hike unavoidable to curb exchange rate, inflation risks

Though the State Bank of Việt Nam (SBV) has hiked interest rates twice in a month, experts agreed the SBV has no other choice but to take strong measures to curb upward pressure on the USD/VNĐ exchange rate and inflation.
Enterprise, Customs face difficulties in implementing tax incentives for recycled products

Enterprise, Customs face difficulties in implementing tax incentives for recycled products

VCN - According to the Law on Environmental Protection and tax–related policies, export products manufactured from recycling and waste treatment activities are entitled to tax incentives. However, the Natural Resources and Environment Agency has not issue
How to operate petroleum prices in line with market mechanisms?

How to operate petroleum prices in line with market mechanisms?

The Price Stabilization Fund is one of the "regulators" of petroleum prices, but it has not been effective in curbing the recent rise in petrol prices.
Several customs policies urgently perfected

Several customs policies urgently perfected

VCN - In addition, the department reported to the leaders of the GDVC and the Ministry of Finance to submit to the Prime Minister for approval the three projects.
New policies to come into effect in July

New policies to come into effect in July

Some of the new policies taking effect in July include mandatory e-invoicing requirements, new-style passports, and adjustments in regional minimum wages, as well as the fee relief programme during COVID-19.
Ministry listens to firms" difficulties, pledges to raise support

Ministry listens to firms" difficulties, pledges to raise support

The Ministry of Planning and Investment will propose policies to remove obstacles for enterprises and enable them to seize opportunities to accelerate production and business, Minister Nguyễn Chí Dũng said.
Tax policies must be easy to understand and perform: Deputy Minister of Finance

Tax policies must be easy to understand and perform: Deputy Minister of Finance

VCN - This is a basis for implementing the tax system reform program, including tax policy and administration.
Policy on tax and fee exemption and reduction effective support to people and businesses

Policy on tax and fee exemption and reduction effective support to people and businesses

VCN - The Covid-19 pandemic over the past two years has seriously affected the socio-economic situation, health, people's lives and production activities of businesses. Understanding the difficulties and challenges that the business community and people h
Bridging the gap between policy and enforcement

Bridging the gap between policy and enforcement

Vietnamese economic growth is on the way to recovery and development, but is facing two problems, according to economist Võ Trí Thành.
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