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In order to reduce personal income tax (PIT), salaried employees have brought many suggestions to increase the deduction and lower the tax rate this year. Gasoline prices have increased six times during the past two months, pushing up prices of vegetables, eggs, and meat. Moreover, the outbreak of the COVID-19 pandemic made the income and…
21
Apr
Apr
The Ministry of Finance’s proposed tax on houses and land has raised many citizens’ concerns. Experts said that it is necessary to avoid affecting the opportunity to access housing for middle- and low-income people in urban areas. If housing taxation is not be calculated conscientiously, many experts believe that this can create opposite effects, causing…
24
Mar
Mar
A series of American and Western brands such as Subway Russia, McDonald’s, KFC, Taco Bell, Pizza Hut have announced their withdrawal from Russia. Is this said to be even possible? Answering this question sheds light on other aspects of franchise and global expansion through this transcendent business model. 1. A Series Of World Famous Brands…
11
Apr
Apr
On March 18, 2022, the Ministry of Industry and Trade issued Decision No. 348/QD-BCT extending the time limit for investigating the application of anti-circumvention measures against trade remedies for some cane sugar products by 02 more months. Specifically, the deadline for investigating the case of applying anti-circumvention measures to some cane sugar products (AC02.AD13-AS01) is…
20
Mar
Mar
Personal income tax is a very special type of tax in Vietnam. This tax is mostly ignored by the entire population of Vietnam as they are not subject to it. Rather, it is only the rich class in society that has a headache over it. So, what are the notes on personal income tax in…
20
Mar
Mar
When doing real estate business, in addition to the fact that real estate must meet certain conditions, the business owner must establish a business and post-project information. However, there are still cases where the real estate business is not required to establish a company (enterprise). When is the real estate business not required to establish…
21
Mar
Mar
Despite adverse effects from the COVID-19 pandemic, foreign investors still put their faith in Vietnam’s economy and investment environment. Nearly 5 billion USD of direct investment capital from FDI enterprises was attracted into Vietnam in the first 2 months of 2022 is a positive signal. Timely decisions of the Government such as Resolution 105/NQ-CP, Resolution…
22
Apr
Apr
The Ministry of Planning and Investment has just issued Circular 02/2022/TT-BKHDT guiding the supervision and assessment of an investment in foreign investment activities in Vietnam, effective from April 1, 2022. Guidelines for supervision and assessment of foreign investment activities in Vietnam This Circular stipulates the supervision and assessment of investment for foreign investment activities in…
19
Mar
Mar
The Trade Remedies Administration recently released an update on the warning list of 11 products exported to the US with a continuously increasing market share that are at risk of being subject to anti-circumvention, origin fraud, illegal transshipment, or trade remedy measures. Products at risk of being subject to trade remedies are very diverse, from…
20
Mar
Mar
On March 11, 2022, the Philippines Bureau of Customs announced the next implementation plan for the case of considering the extension of safeguard measures against grade 1 and grade 1P cement products imported from a number of countries including Vietnam. According to information from the Philippines Bureau of Customs, the Public Hearing is scheduled to…
