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GOV’T AGREES TO REOPEN KARAOKE PARLORS, DISCOS
Prime Minister Nguyen Xuan Phuc has agreed to resume services like karaoke parlors and discos as Viet Nam has gone nearly two months without new COVID-19 community infection.
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SMALLER FIRMS TO LAND ON TAX CUSHION
Over 700,000 micro- and small-sized enterprises in Vietnam could receive a hefty reduction in corporate income tax payable this year, while more than one million individual taxpayers could be beneficiaries of personal income tax deductions.
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[HKTDC WEBINAR] ENABLING RECOVERY THROUGH RESILIENT SUSTAINABILITY AND RESPONSIBLE INVESTMENT
Hong Kong Trade Development Council (HKTDC) are embarking on a series of pre-event webinars to drive awareness of, and interest in, some of the key issues that will be covered at the Asian Financial Forum 2021.
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LOGISTICS INDUSTRY SEEKS TO UTILISE OPPORTUNITIES FROM EVFTA
The enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) will promote export-import activities, thus bringing direct benefits to the country's logistics industry, experts have said.
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VIETNAM RAISES TAXABLE INCOME THRESHOLD 22 PCT
Vietnam’s lawmakers have approved a proposal to increase the minimum taxable income threshold by 22 percent to VND11 million ($479) starting July 1. This means that a person with an income of less than VND11 million per month will not have to pay personal income tax. The current threshold is VND9 million ($392).
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COMMITTEE REVIEWS QUARANTINING OF FOREIGN ARRIVALS
Deputy Prime Minister Vu Duc Dam, head of the National Steering Committee on COVID-19 Prevention and Control, chaired a meeting of the committee in Hanoi on June 4 to discuss the country’s ongoing pandemic response.
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IZS, EZS ATTRACT US$4.3 BILLION IN JANUARY-MAY
Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of US$4.3 billion in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.
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LETTER FROM THE TOURISM ADVISORY BOARD (TAB) TO PM NGUYEN XUAN PHUC
The Tourism Advisory Board send their warmest compliments to you and your colleagues and congratulate you on the decision to reopen the domestic tourism sector. This is an essential step for the industry. However, this will not itself relieve the acute pain being felt, by the sector, without the safe opening to international visitors from those countries that are considered safe and with the confidence that visitors, from those particular countries, do not represent a health risk to our own citizens.