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Image : How many aircraft do Vietnamese airlines need?

How many aircraft do Vietnamese airlines need?

person Orange Themes access_time Dec 13,2016

Vietnam’s air carriers are trying to expand their fleets by purchasing new aircraft in large quantities, but poor infrastructure is hindering their work.

Image : Formosa steel mill in Vietnam on hold

Formosa steel mill in Vietnam on hold

person Orange Themes access_time Jun 18,2016

Formosa Plastics Group (FPG) yesterday confirmed that the scheduled launch date for operations at a subsidiary's steel mill in Viet Nam has been postponed with no new schedule decided.

Image : ADB trims 2016 growth forecast for developing Asia on weak global outlook

ADB trims 2016 growth forecast for developing Asia on weak global outlook

person Orange Themes access_time Jul 19,2016

  Brexit vote's impact on the real economy in the short term is expected to be smallADB pledges more support for Vietnam’s sustainable growthChina overcapacity darkens Asia's 2016 growth prospects: ADBVietnam GDP to grow at 6.7 pct this year: ADB

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Vietnam plans tax cut for small, medium firms to boost growth

access_time May 17,2016 chat_bubble_outline 91 views
Vietnam plans tax cut for small, medium firms to boost growth
Business representatives at a tax office in Hanoi. Photo: Ngoc Thang Vietnam is considering reducing corporate and income taxes in the next five years to boost economic development, according to a new government resolution. The resolution asked the Finance Ministry to study measures to reduce the tax burden on businesses, possibly starting with a corporate tax cut this year for small and medium-sized enterprises (SMEs). Vietnam’s current corporate income tax rate is 25 percent. Coupled with other taxes and fees, the high rate has been criticized as unbearable to many SMEs. SMEs account for 95 percent of all businesses operating in Vietnam and contribute to nearly 40 percent of the national gross domestic product. Economists have criticized the government for providing inadequate assistance to this group and favoring large state-owned enterprises. They said SMEs can actually do much more for the economy with the right support and treatment. Small firms in agriculture and industry are those with capital of less than VND20 billion, and in the services sector, less than VND10 billion. Medium-sized businesses’ capital is less than VND100 billion. The ministry is also asked to consider a 50 percent income tax cut for people working high-technology jobs, including those using high-tech applications in farming and seafood processing. The resolution urges simplifications of tax, customs and other procedures as it aims to raise the contribution of the private sector to around half of the country’s GDP by 2020. Vietnam's economy is expected to grow by more than 6.3 percent this year, one of the highest rates in the region. Read on the original site
Zuma describes 2016 as productive in New Year's message

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Russian diplomats expelled from US arrive in Moscow: Russian media

Moscow (AFP) - A plane carrying 35 diplomats expelled from the United States over Russia's alleged meddling in the US presidential election arrived in Moscow early Monday, Russian state television reported.A Russian Il-96 plane carrying the diplomats and their families landed at Moscow's Vnukovo airport at 2:05 am local time (23:05 GMT) after having taken off from Washington on Sunday, state television said.State television showed the diplomats and their families gathering their luggage on the… chat_bubble_outline Read More...

Ruling: Too late to change California rules on ballot photos

SAN FRANCISCO (AP) — California voters heading to the polls should leave their selfie sticks at home.A federal judge on Wednesday refused to lift the state's ban in the current election on sharing photos of marked ballots. U.S. District Court Judge William Alsup said changing the rules so late in the election process would create confusion."It's not fair to the voters in California, the people who run those polling places and the secretary of state to jam this down their throats at the last… chat_bubble_outline Read More...

Who is St Valentine? Why is Valentine's Day named after him?

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Riviera Hotel implosion set for June 14th in Las Vegas

The Las Vegas Convention & Visitors Authority has announced the official date for the implosion of the Monaco Tower on the LVCVA-owned Riviera Hotel and Casino site. The historic moment will take place at approximately 02:00 on the morning of Tuesday, June 14th. A separate implosion of the Monte Carlo Tower will take place later this summer. The Monaco Tower implosion is one of a series of on-going demolition efforts of at the Riviera Hotel and Casino property to move forward with the Las… chat_bubble_outline Read More...

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