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Tax incentives cost Vietnam over $2 billion a year

Tax incentives cost Vietnam over $2 billion a year

Vietnam should cut back on its tax incentives, which costs it around VND50 trillion ($2.15 billion) a year, an Oxfam expert says.
GDP revision threatens to send debts spiraling, warn experts

GDP revision threatens to send debts spiraling, warn experts

The upward revision in Vietnam’s GDP will raise spending and borrowing ceilings while revenue sources remain unchanged, experts warn.
August 30, 2019 | 08:00 pm GMT+7
Government steps in to rescue delayed key southern expressway project

Government steps in to rescue delayed key southern expressway project

The government has decided to use public money to finish the much-delayed Trung Luong - My Thuan Expressway in southern Vietnam. 
March 22, 2019 | 06:00 pm GMT+7
Acting Pentagon chief not decided yet on funding border wall

Acting Pentagon chief not decided yet on funding border wall

Acting U.S. Defense Secretary Patrick Shanahan said on Saturday he had not yet determined whether a border wall with Mexico was a military necessity.
February 17, 2019 | 10:07 am GMT+7
Vietnam tourism hamstrung by lack of funds for marketing

Vietnam tourism hamstrung by lack of funds for marketing

Vietnam seems to be losing the tourism promotion battle at home not to speak about globally.
December 04, 2018 | 03:07 pm GMT+7
Budget airline Vietjet valued second in Southeast Asia

Budget airline Vietjet valued second in Southeast Asia

Vietnam’s largest private airline, Vietjet Aviation, is the second most valuable airline in Southeast Asia by market capitalization.
November 11, 2018 | 02:43 pm GMT+7
Vietnam plans to increase environment tax on petroleum products

Vietnam plans to increase environment tax on petroleum products

The tax hike would add $690 million to the state coffers if approved.
February 23, 2018 | 03:35 pm GMT+7
Public debt pressure eases in Vietnam: Minister

Public debt pressure eases in Vietnam: Minister

Public debt will only rise by an estimated 9 percent this year compared to 15 percent last year.
December 29, 2017 | 05:05 pm GMT+7
Vietnam's budget revenue climbs 14 percent to hit $37 bln from Jan-Sep

Vietnam's budget revenue climbs 14 percent to hit $37 bln from Jan-Sep

Most of the revenue came from housing and land tax, personal income tax, admin fees and the lottery tax.
October 12, 2017 | 03:29 pm GMT+7
Hoi An named world's top 5 budget-friendly destination

Hoi An named world's top 5 budget-friendly destination

With that, Vietnam's ancient port city has beaten the likes of Phuket, Bali and Penang to top Southeast Asia's most affordable places.
September 30, 2017 | 01:20 pm GMT+7
How fast fashion is emerging at pace in Vietnam

How fast fashion is emerging at pace in Vietnam

Vietnam has become a magnet for foreign fashion brands practically overnight, but why so? 
September 20, 2017 | 11:40 am GMT+7
France to boost defense budget by 1.6 bln euros in 2018: PM

France to boost defense budget by 1.6 bln euros in 2018: PM

It is the biggest increase in the past six years.
September 08, 2017 | 08:50 am GMT+7
Vietnamese lawmakers back new tourism fund, reject controversial hotel surcharge

Vietnamese lawmakers back new tourism fund, reject controversial hotel surcharge

Tourism officials have been blaming a dearth of cash on ineffective PR efforts.
June 20, 2017 | 10:39 am GMT+7
Money talks: Vietnam's tourism boss envies cash-rich Asian neighbors

Money talks: Vietnam's tourism boss envies cash-rich Asian neighbors

Minister Nguyen Ngoc Thien says PR efforts are 'going nowhere' because the country doesn't have deep enough pockets.
May 30, 2017 | 07:10 pm GMT+7
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