Payment via bank transfer: compulsory for real estate transaction, ministry proposes The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank transfers.

Newly established firms up in first five months

The number of newly-established enterprises in the first five months of the year was 62,961, up 12.9 per cent over the same period in 2021, according to the General Statistics Office (GSO).

Singapore one of Việt Nam’s leading partners in the region: PM Chính PM Chính said the visit of the Tan Chuan-Jin, which lasted from May 18 to 20, is very important, contributing to promoting the Việt Nam - Singapore Strategic Partnership to become more and more extensive and effective, especially while the two countries are looking forward to the 50th anniversary of the establishment of diplomatic relations and 10 years of Strategic Partnership in 2023.

HCM City promised laser focus on collecting taxes

HCM City’s tax revenues rose in the first two months of the year as the economy showed signs of recovery.

Three localities propose opening casinos

Three localities have proposed new casino projects and a pilot for Vietnamese people to play.

VAT cut boosts economy The reduction of value added tax (VAT) from 10 to 8 per cent will help stimulate various sectors in the economy.

Government must carefully manage financial support for businesses: experts

The Government needs to carefully monitor and outline finance packages to assist businesses affected by the pandemic to quickly recover the national economy, according to experts.

Increasing tax evasion in e-commerce

As online sales continue to grow, so does tax evasion.

Tax debt continues to rise due to pandemic The total tax debt under the management of tax authorities is estimated at VNĐ104 trillion (US$) as of December 31 last year, a year-on-year increase of 9.3 per cent.

Tax collection exceeds estimate

The total State budget revenue managed by the tax authorities reached nearly VNĐ1.3 quadrillion this year, exceeding the estimate by over VNĐ177 trillion (US$7.7 billion).