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Lowering taxes to attract FDI is a ‘race to the bottom’: experts

Lowering taxes to attract FDI is a ‘race to the bottom’: experts

Competing for foreign investment with tax incentives will end up hitting governments’ revenues and be a lose-lose situation for all ASEAN members, experts warn.

HCMC requests tax incentives for Samsung subsidiary

HCMC requests tax incentives for Samsung subsidiary

HCMC has proposed that a subsidiary of Samsung be defined as an export processing enterprise to enjoy zero import and export duties.

Hanoi taxi association wants ride-hailing tax benefits

Hanoi taxi association wants ride-hailing tax benefits

The Hanoi Taxi Association is seeking to provide ride-hailing services for under 9-seater cars to enjoy tax benefits.

August 9, 2019 | 05:00 am PT

Tax incentives can speed up cashless payment in Vietnam

Tax incentives can speed up cashless payment in Vietnam

Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments.

May 2, 2019 | 01:39 am PT

Vietnamese garment firms stitched up by export tariffs

Vietnamese garment firms stitched up by export tariffs

The country’s garment sector is unlikely to reach its export value target of $31.5 billion this year.

July 8, 2016 | 05:14 am PT

Tax incentives cause Vietnam’s public services to suffer: ActionAid

Tax incentives cause Vietnam’s public services to suffer: ActionAid

Vietnam’s policy of offering low income tax, granting tax exemptions and other tax incentives to foreign-invested companies has ripped dozens of million dollars off the state annual budget revenue, said ActionAid Vietnam on Wednesday at a workshop about “Tax – Jobs – Tax policy of Vietnam”.

April 13, 2016 | 05:21 pm PT

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