Vietnam’s personal income tax receipts in the first nine months of this year were down VND 7.2 trillion (US$299 million) over the same period last year, Tuoi Tre is reporting.
The article goes on to say this is due to a reduction in real estate transfer taxes which are included in personal income tax. It does, however, also notes business closures and layoffs have been a problem and quotes tax expert Tu Ngoc Nguyen as saying this is a sign taxpayers are in real trouble.
Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It
