Automakers propose Gov’t cut VAT and registration fee for customers

Vietnam Automobile Manufacturers’ Association (VAMA) has proposed the Government reduce value-added tax (VAT) and registration fees for car customers by 50 per cent, reports vietnamnet.vn.

Japan's Topre Selects Infor's Automotive Industry Cloud ERP as Its Platform for Driving Company-wide Digital Transformation Japan's Topre Selects Infor's Automotive Industry Cloud ERP as Its Platform for Driving Company-wide Digital Transformation

Services fees exempted for transport companies Transport companies will be exempt from service fees for the time being having cut back on passengers to minimise the spread of COVID-19.

Ford Việt Nam suspends production in Hải Dương Ford Việt Nam announced that it will halt operations at its automobile assembly factory in the northern province of Hải Dương from Thursday this week.

Monaco Formula 1 GP cancelled due to coronavirus, ending 65-year run The iconic Monaco Formula One Grand Prix, a glittering fixture on the world motorsport calendar for 65 years, was cancelled on Thursday, the latest event to fall victim to the consequences of the coronavirus pandemic.

HoREA propose extension of VAT and land rent payment for businesses The HCM City Real Estate Association (HoREA) has urged the Government to add the property industry to the list of those affected by the COVID-19 outbreak and are eligible for a five-month postponement of value-added tax and land-use fee payments.

Automobile sale up despite COVID-19 spread

Vietnamese market saw February automobile sale of more than 17,600 units, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association (VAMA).

Huế IZs, EZs target 10 projects in 2020 The province also targets VNĐ6 trillion ($258million) of the registered investment to be disbursed by the end of this year, online newspaper baodautu.vn cited head of the provincial IZs and EZs Management Board Lê Văn Tuệ as saying.

Finance Ministry proposes 5-month extension of VAT and land rent payment for businesses

The Ministry of Finance has submitted to the Government a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments for those affected by the COVID-19 epidemic.

VN should use unemployment insurance fund to train labourers

Việt Nam should use part of its sizeable VNĐ67 trillion (US$2.9 billion) unemployment insurance fund to train workers in professional skills.