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IT use by businesses

Microeconomic policy overhaul seen as key to double-digit growth

Microeconomic policy overhaul seen as key to double-digit growth

Double-digit growth should be seen not merely as a target for economic scale or speed, but as a shift in institutional quality, productivity, technological capacity and business competitiveness.
Ministry pushes to clear backlog of 1.1 million zombie businesses

Ministry pushes to clear backlog of 1.1 million zombie businesses

Around 1.1 million taxpayers have stopped operating nationwide, but have yet to complete procedures for closure.
Tax overhaul prompts call for simpler compliance for household businesses

Tax overhaul prompts call for simpler compliance for household businesses

The Institute of Resources and Environmental Economics has proposed restoring presumptive taxation for small household businesses to reduce compliance costs and support their transition to the new system.
Stronger legal support needed for household businesses in transition to corporations

Stronger legal support needed for household businesses in transition to corporations

Experts said the draft amendments to the Law on Support for Small- and Medium-Sized Enterprises (SMEs) focuses largely on support after conversion, despite the fact that many household businesses face their greatest challenges before deciding to formalise.
HCM City moves to ease tax hurdles for FDI firms

HCM City moves to ease tax hurdles for FDI firms

The HCM City tax agency said it will maintain regular dialogue with businesses, push ahead with administrative reform and digital transformation, and identify implementation bottlenecks to recommend policy adjustments, facilitating investment and business activities for FDI enterprises.
Sun Group proposes Two Countries, One Destination initiative to Thai PM

Sun Group proposes “Two Countries, One Destination” initiative to Thai PM

Sun Group Chairman Đặng Minh Trường proposed several strategic cooperation pillars with Thailand''s Prime Minister.
UOB considers joining Vietnam International Financial Centre

UOB considers joining Vietnam International Financial Centre

Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Centre (VIFC), a project meant to connect domestic, global and regional capital flows.
Over 2.48 million household businesses use eTax Mobile

Over 2.48 million household businesses use eTax Mobile

The number of household businesses using cash register-based e-invoices reached over 303,000 as of April 30 this year.
Comprehensive Strategic Partnership expected to create substantial momentum for Vietnamese and Thai enterprises

Comprehensive Strategic Partnership expected to create substantial momentum for Vietnamese and Thai enterprises

Việt Nam News reporters Khánh Chi, Thu Hằng and Mai Hương spoke with representatives of Vietnamese and Thai businesses to gather their assessments of investment and business potential in each other’s markets following the elevation of bilateral ties to a...
RoK steps up trade cooperation with Việt Nam, Malaysia

RoK steps up trade cooperation with Việt Nam, Malaysia

The ASEAN-Korea Centre and the Korea Importers Association (KOIMA) announced on May 18 that they will jointly organise a trade promotion delegation to Việt Nam and Malaysia in a bid to expand economic cooperation between the Republic of Korea (RoK)...
Corporate culture emerges as soft pillar of Việt Nams modern economy

Corporate culture emerges as 'soft pillar' of Việt Nam’s modern economy

Once viewed as a supporting element, corporate culture is now being treated by policymakers and industry leaders as a core driver shaping how companies manage operations, compete in markets and build long-term value.
Government launches nationwide crackdown on intellectual property violations in May

Government launches nationwide crackdown on intellectual property violations in May

Authorities nationwide have been ordered to intensify inspections, investigations and prosecutions targeting counterfeit goods, online piracy and trademark infringements.
NA passes tax law changes, removes fixed threshold for household businesses

NA passes tax law changes, removes fixed threshold for household businesses

The revised law, which amends provisions in personal income tax, value-added tax, corporate income tax and special consumption tax legislation, was passed with 466 out of 488 participating deputies voting in favour.
Finance ministry eyes flexible tax thresholds

Finance ministry eyes flexible tax thresholds

The Ministry of Finance has proposed new regulations on taxable revenue thresholds for household businesses after just four months the new policy took effect.
Prime Minister meets delegation of leading US businesses

Prime Minister meets delegation of leading US businesses

At the meeting, representatives of USABC, the US Embassy in Việt Nam and participating businesses commended Việt Nam’s socio-economic achievements and improving investment climate, as well as its strategic development orientation toward rapid and sustainable growth driven by science, technology,...