GOVERNMENT CONSIDERING TAX ON MULTIPLE PROPERTIES
The MoC had earlier called on the financial sector to collaborate on drafting tax policies for second homes or unused properties, as property and housing prices have skyrocketed since the start of the year. In some suburban land auctions, winning bids have soared to as high as hundreds of millions of VND per square metre, significantly above starting prices, distorting the healthy development of the market.
MORE INVESTMENTS PLANNED FOR VIETNAM'S HYPERSCALE DATA CENTRES
In a meeting with Party General Secretary, State President To Lam during his working trip to the United States last week, Wally Liaw, founder and senior vice-president of business development at Supermicro, said the company proposed cooperation with Vietnam in developing data centres and server system manufacturing.
PRIORITIZING INVESTMENT IN SEMICONDUCTOR PROJECTS
By prioritizing investment in high-tech sectors, mechanical engineering, electronics and supporting industries, especially semiconductors, Vinh Phuc province has attracted major semiconductor corporations from Korea, Taiwan, the United States, and other regions, aiming to establish itself as a key electronics hub in the country.
GOVERNMENT CONSIDERING TAX ON MULTIPLE PROPERTIES
The MoC had earlier called on the financial sector to collaborate on drafting tax policies for second homes or unused properties, as property and housing prices have skyrocketed since the start of the year. In some suburban land auctions, winning bids have soared to as high as hundreds of millions of VND per square metre, significantly above starting prices, distorting the healthy development of the market.
BINH DUONG GRANTS APPROVAL FOR EIGHT PROJECTS WORTH $1.8 BILLION
In addition, leaders of Binh Duong province also granted investment approvals for four other projects, including the $451 million Bac An Tay Urban Area, the $550 million Dong An Tay Urban Area, a $141 million high-end apartment complex combined with commercial services, and the $57 million ICD Rach Bap inland port.
NEW PROPOSAL REQUIRES E-COMMERCE PLATFORMS TO PAY TAXES OF SELLERS
At a press briefing on September 27, Dang Ngoc Minh, deputy director general of the General Department of Taxation (GDT) announced that the revised draft of the Law on Tax Administration includes a proposal requiring e-commerce platforms to declare and pay taxes on behalf of sellers. This measure aims to strengthen the effectiveness of tax management in the growing digital economy.
THE MUSIC OF ABBA
The event details are as follow:
• Date: Saturday, October 5th, 2024
• Time: 20:00 - 22:00
• Venue: Hoa Binh Theater
FOREIGN INVESTORS KEEN ON LNG INFRASTRUCTURE IN VIET NAM
Many foreign investors, particularly from the US, have expressed interest in investment opportunities in Việt Nam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs.
