Business Focus

15 banks offer online tax payment service

15 banks offer online tax payment service

Fifteen commercial banks have signed a cooperative agreement with the General Department of Taxation under the Ministry of Finance to offer online tax payment services According to the agreement, these banks...

M&As: Much Room for Growth

M&As: Much Room for Growth

Mergers and acquisitions (M&As) in Vietnam have tremendously increased in both quantity and value over the past five years. According to data from the Ministry of Planning and Investment, before...

 
VN strives for big tax reform

VN strives for big tax reform

HA NOI (VNS) — Deputy Prime Minister Vu Van Ninh said every province would strive to implement an e-tax service to cut tax declaration procedural times to 171 hours per...

VFF begins supervision of tax, customs procedure reform

VFF begins supervision of tax, customs procedure reform

The Vietnam Fatherland Front (VFF) will begin supervising the tax, customs and social insurance procedures reforms in 2015. Accordingly, from now through the end of June, the VFF and its member...

 
Foreign firms eye M&A deals as SOEs equitise

Foreign firms eye M&A deals as SOEs equitise

Foreign direct investment into Vietnam via mergers and acquisitions is on an upward trend, underlining the growing appetite among foreign companies to acquire stakes in existing companies as the fastest...

New rule requires firms’ information disclosure in English

New rule requires firms’ information disclosure in English

A market watchdog plans to direct public companies to disclose their information in both Vietnamese and English in a move to boost the Vietnamese securities market to the global level. However,...

 
Power tariffs to rise 9.5 per cent

Power tariffs to rise 9.5 per cent

Electricity tariffs will be hiked up to 9.5 per cent in 2015, according to the Ministry of Industry and Trade. The ministry said it has received proposals for an adjustment in...

Banking sector reform: M&A boom expected

Banking sector reform: M&A boom expected

With the Government's determination to hasten the restructuring of the credit institution system, mergers and acquisitions (M&A) in the banking sector were projected to boom in the coming years. Deputy Governor...

 
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