Thanh Hoa (VNA) – The central province of Thanh Hoa is striving to raise the ra꧅te of businesses using online tax payment services to 95 percent by the end of 2016, as part of efforts to simplify administrative procedures of the local tax ꧋sector.
According to Le Ngoc Son, head of the provincial Department of Taxation, the application of the online tax declaration and payment is an important progress of the tax sector’s administrative reform, which facilitates tax payers.
So far, 7,486 enterprises, or 90.7 percent of total operating businesses in the locality, have registered to pay tax online.
The department has set three targets of providing online taxation services to 95 percent of local enterprises, and raising the rate of tax payment transactions as well as the monthly tax paid through the Internet to 95 percent by this December, said Son.
To this end, the provincial People’s Committee has asked departments and localities across the provinces, as well as local organisations and businesses to coordinate with local media to strengthen communications on online tax payment as well as benefits from e-tax payment.
At the same time, a hotline has been opened to support tax payers in dealing with problems they face when doing online tax transactions, while encouraging them to use the service.-VNA
Central Group, the owner of the Big C retail chain, has committed to completing the payment of transfer tax this month, the Dien dan Doanh nghiep (Businesses' Forum) newspaper reported.
The General Department of Taxation under the Ministry of Finance has worked hard to simplify tax-related administrative procedures to facilitate businesses’ tax payments, said the agency.
The Prime Minister agreed to support a request by Binh Son Refining & Petrochemical Co Ltd to adopt a more favourable policy to help its Dung Quat oil refinery compete with imported petroleum products
Entrepreneurs are hailing a national plan to reduce corporate income tax for small- and medium-sized enterprises from 20 percent to 17 percent starting next year.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.