by admin | Jun 24, 2016 | Publications and News
Effective 1 July 2016, several important changes to VAT administration will be put into implementation. These include: More goods are waived from VAT return filing but still VAT-deductible: agricultural produce, livestock, aquatic products that are not yet processed...
by admin | Jun 21, 2016 | Publications and News
In late May 2016, the Government issued two new decrees on the tax adminstration: Decree 45/2016 amending Decree 127/2013/ND-CP on penalties relating to Customs matters; and Decree 49/2016/ND-CP amending Decree 109/2013/ND-CP on penalties relating to invoicing...
by admin | Aug 28, 2014 | Uncategorized
Vietnam’s retail sales have grown dramatically over a long period of time, maintaining a 5-year CAGR of 17.6% (2010-2015) despite the economic slowdown in these years, to reach almost US$110bn in 2015. In particular, modern retail is growing extremely fast, though...
by admin | Aug 28, 2014 | Industries
Education always plays a central role in Vietnamese culture and society. Vietnamese people believe that virtues are attained through learning. More parents sacrifice to ensure that their children obtain the good education. With the Vietnam’s increasing well-being,...
by admin | Aug 28, 2014 | Industries, Industries
The health care system in Vietnam has long been cited as an example of primary health care that worked well. Vietnam brought down the rates of infant and under-five mortality as well as child mortality rates. Maternal mortality has also fallen dramatically, as have...