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Image : Will Vietnam become an emerging market in three years?

Will Vietnam become an emerging market in three years?

person Orange Themes access_time Nov 20,2016

The Vietnamese stock market has been listed by Morgan Stanley Capital International (MSCI) as a frontier market. Will it be upgraded into an emerging market in three or five years?

Image : US unemployment rate falls to 4.9% on solid job creation

US unemployment rate falls to 4.9% on solid job creation

person Orange Themes access_time Nov 04,2016

The US economy added a solid 161,000 jobs in October while the unemployment rate fell to 4.9 percent, according to Labor Department figures released Friday. In a show of steady momentum in the world's largest economy, the department revised upward

Image : Local airlines plan new services, more seats in peak summer travel season

Local airlines plan new services, more seats in peak summer travel season

person Orange Themes access_time May 31,2017

Bao Moi - Domestic airlines are planning to launch new routes and operate additional flights to meet growing demand during the peak summer travel season.

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Enterprises expect more reforms in taxation administrative procedures

access_time Mar 07,2017 chat_bubble_outline 33 views
Enterprises expect more reforms in taxation administrative procedures

The survey on administrative procedure reforms in taxation measuring taxpayer satisfaction in 2016 was announced at a ceremony held in Hanoi on March 7.


According to the survey, enterprises claimed that the payment of unofficial costs creates inequality and unfair competition.


Representative of the research team Dau Anh Tuan, who is also head of the Vietnam Chamber of Commerce and Industry (VCCI)'s Legal Department said that 41% of survey respondents said they encountered inconveniences while carrying out taxation administrative procedures, particularly taxation declaration, taxation finalisation, tax refund and registering tax code changes.


Despite the improvements to tax refund procedures, enterprises registered complaints about these procedures and only 16% of enterprises carried out tax refunds.


Regarding tax inspection, about 53% of enterprises had to receive tax inspection teams and larger enterprises had to receive more inspection teams, causing annoyance for enterprises, Tuan said.


In addition, enterprises showed the least satisfaction with taxation civil servants and 16% of enterprises said civil servants in taxation were impolite and uncivilised.


VCCI Chairman Vu Tien Loc said the announcement of the survey results conducted jointly by the VCCI and the World Bank was of great significance under which enterprises can raise their voice in relation to tax information access, implementation of administrative procedures, the settlement of procedures, tax inspection and the service of tax officials, among other issues.


The survey attracted the participation of nearly 3,500 enterprises from 63 provinces and cities nationwide.

Laptop sales slowed by tablets

Laptop sales have plateaued despite companies launching new products to stimulate the market, with insiders blaming it on the economy and a switch by consumers to tablets. — Photo vietnamnet..vn HCM CITY (Biz Hub) — Laptop sales have plateaued despite companies launching new products to stimulate the market, with insiders blaming it on the economy and a switch by consumers to tablets. In the first half of this year there has been a slight fall in sales compared with the same period last year,… chat_bubble_outline Read More...

Israeli military kills 4 IS militants in Syria after ambush

JERUSALEM (AP) — Israeli aircraft struck a machine gun-mounted vehicle inside Syria Sunday, killing four Islamic State-affiliated militants inside after they had opened fire on a military patrol on the Israeli side of the Golan Heights, the Israeli military said.Israel has been largely unaffected by the Syrian civil war raging next door, suffering only sporadic incidents of spillover fire over the frontier that Israel has generally dismissed as tactical errors of the Assad regime. Israel has… chat_bubble_outline Read More...

May to lock horns with first ministers on Brexit path

London (AFP) - Prime Minister Theresa May is to meet with the first ministers from Scotland, Wales and Northern Ireland to plot the path towards Brexit, her office said Sunday.May will host the first meeting of the Joint Ministerial Committee (JMC) since December 2014 on Monday.They will "discuss how the administrations can work together to get the best deal for the UK and seize the opportunities that exiting the EU will bring", her Downing Street office said.She will call on the devolved… chat_bubble_outline Read More...

Who was best at making money in 2016?

The best moneymakers in Vietnam saw their assets in business and investment activities in 2016 increase to very high levels. The richest billionaires Trinh Van Quyet, chair of FLC, a big real estate development firm, saw his asset value increase by 70 times.  In early 2016, Quyet, with 69.5 million FLC shares, had the total asset value of VND450 billion.  By September 1, Quyet had had 93 million FLC shares. When the price of the share reached the highest peak of VND8,000 per share, his assets… chat_bubble_outline Read More...

Serena Williams wins record 23rd major with win over Venus

MELBOURNE, Australia (AP) — Serena Williams has won her record 23rd Grand Slam singles title with a 6-4, 6-4 victory over her older sister Venus in Saturday's Australian Open final.With her record seventh Australian title, the 35-year-old Williams moved ahead of Steffi Graf for the most major titles in the Open era. Margaret Court won 24 majors, but collected 13 of those before the Open era.The victory at Rod Laver Arena also ensured Serena Williams will regain the top ranking, which she lost… chat_bubble_outline Read More...

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