Breakthrough policy to attract new generation FDI

Breakthrough policy to attract new generation FDI

VCN - That was one of the contents raised at the Policy Dialogue Session held on the afternoon of September 25 within the framework of the Ho Chi Minh City Economic Forum 2024, chaired by Prime Minister Pham Minh Chinh and leaders of central ministries an
Customs implements VAT reduction policy from July 1st

Customs implements VAT reduction policy from July 1st

To implement the contents relating to customs field, General Department of Vietnam Customs requested local customs departments to reduce VAT for group of commodities as stipulated at Decree 72/2024/NĐ-CP.
Policy on tax payment extension and land rent reduction are going to be issued in June

Policy on tax payment extension and land rent reduction are going to be issued in June

VCN - Deputy Prime Minister Tran Hong Ha said that the Government has promoted policies to support people and businesses to improve people's health, restore trust, and promote investment in production and business. In particular, the Government is issuing
Vietnam is ready to welcome a new wave of investment in the semiconductor industry

Vietnam is ready to welcome a new wave of investment in the semiconductor industry

VCN - Deputy Minister of Planning and Investment Tran Duy Dong (Photo) gave an interview to Customs Magazine about Vietnam's preparations to attract FDI into the semiconductor industry.
Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business

Reviewing the list of scrap that is temporarily suspended from temporary import and re-export business

VCN - Scrap is a sensitive item with many potential risks of environmental pollution, directly affecting human health and the ecosystem. Therefore, strict management measures are needed to avoid the risk that Vietnam become a scrap gathering country in th
Proactively responding, carbon tax policy creates motivation for green transformation

Proactively responding, carbon tax policy creates motivation for green transformation

VCN - Under the Carbon Border Adjustment Mechanism (CBAM), the European Union (EU) will impose a carbon tax on imported goods based on the intensity of greenhouse gas emissions in the production process in the exporting country.
Policy on imported goods for export processing without a processing facility

Policy on imported goods for export processing without a processing facility

VCN - The General Department of Customs has just instructed the Hanoi Customs Department to implement regulations on importing goods for export processing without a processing facility in Vietnamese territory.
Excise tax policy on alcoholic products changed 12 times

Excise tax policy on alcoholic products changed 12 times

VCN - At the conference on the current status of tax policy on alcoholic beverages and reform trends jointly organized by the Central Institute for Economic Management (CIEM) and the Vietnam Tax Consultants' Association on January 18, many important infor
The monetary easing policy will exert full effects by 2024

The monetary easing policy will exert full effects by 2024

VCN - With low credit growth, finance and banking expert - Dr. Nguyen Tri Hieu (photo) says that promoting credit depended on many factors, in which management agencies should have appropriate solutions in operating and managing credit growth.
Reducing VAT is a multi-target policy with a positive impact on the economy

Reducing VAT is a multi-target policy with a positive impact on the economy

VCN - Talking to Customs Magazine, economic expert Dinh Trong Thinh said that continuing to apply the policy of reducing VAT from 10% to 8% in the first six months of 2024 is a necessary solution to stimulate domestic consumption, lowering product prices,
Stable national finance will expand fiscal policy space

Stable national finance will expand fiscal policy space

VCN - The macroeconomic factors of the economy show stability. Currently, we have implemented national financial plans and achieved better results than expected in both revenue collection and expenditure.
Businesses are looking for technology to "improve the quality" for exported agricultural products

Businesses are looking for technology to "improve the quality" for exported agricultural products

VCN - Acknowledging the importance of improving the value of exports and increasing competitiveness, Vietnamese businesses have proactively sought solutions to apply science and technology in the production and export of agricultural products.
A series of fiscal policies promote efficiency

A series of fiscal policies promote efficiency

VCN - The Finance sector has implemented solutions on taxes, fees, charges and land rent to support enterprises, thereby contributing to the economy's achievements. According to calculation, these support package in 2023 is about VND 200 trillion.
Control inflation from flexibility of policy

Control inflation from flexibility of policy

VCN - In the first months of 2023, inflation in many countries remained at a high level, while Vietnam was assessed as not in the group of countries with high inflation and expected to remain the inflation at a low level until the end of 2023.
Ho Chi Minh City needs a special mechanism to develop the International Financial Center

Ho Chi Minh City needs a special mechanism to develop the International Financial Center

VCN - The project of Ho Chi Minh City International Financial Center is built with the approval of the Central Government and the Government. Currently, the project has been approved by ministries and sectors and has been submitted to the Government. Howe
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