The annual tax and customs dialogue, held regularly since 2008, had provided an important channel for businesses to raise concerns and discuss practical solutions with regulators with policy discussions translated into concrete measures.
The challenge is not simply to reduce the tax burden, but to ensure that businesses turn the resources released into investment, innovation, jobs and higher productivity
Taxation is not simply an expense for long-term investors who also need clear policies, predictable obligations and consistent implementation, as well as mechanisms for dialogue and resolving problems.
Export turnover by the foreign direct investment (FDI) industry sector in Viet Nam accounts for a large percentage of the total national exported amount, as of March 2017, according to statistics from the Viet Nam General Department of Customs (GDC).
The public relations industry in Viet Nam has huge potential to develop,
but a legal framework and code of practice are needed to ensure healthy
development of the industry, according to experts.
The southern province of Dong Nai earned over US$1 billion from exports
in May, with a massive $931 million made by foreign-invested firms, a
trade official has reported.