Corporate income tax will be completely exempted in the first four years and cut by half for the next nine years for emerging tech and science firms in Vietnam, as per a Ministry of Finance circular effective in March. … [Read more...] about Science, tech firms in Vietnam to enjoy 13 years of tax deduction
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Bac Ninh sees rise in number of newly-established firms
Hanoi (VNA) – As many as 2,390 newly-established firms and 771 subordinate units with a total registered capital of over 24.12 trillion VND (1.04 billion USD) were set up in northern Bac Ninh province last year, up 2 percent in number and 8.6 percent in capital. … [Read more...] about Bac Ninh sees rise in number of newly-established firms
Vietnam shows its ‘firm stuff’ after five years of difficulties
The consumer price index (CPI), which was a major concern for people and businesses as it had increased sharply year after year, was no longer a problem in the 2016-2020 period. The CPI rose by only 3.2 percent in the 2016-2020 period. It fell sharply from the 7.65 percent rate in the 2011-2015 period. … [Read more...] about Vietnam shows its ‘firm stuff’ after five years of difficulties
Vietnamese firms told to be ready for legal challenges when exporting to US
Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard in HCM City last week. Tran Phu Lu, deputy director of the Investment and Trade Promotion Centre of HCM City (ITPC), said the US is Viet Nam’s largest export market and major items include seafood, textiles, footwear, and farm produce. … [Read more...] about Vietnamese firms told to be ready for legal challenges when exporting to US
MC Payment Poised To Become Singapore’s First Listed Digital Payments Firm
About MC Payment MC Payment is principally engaged in the provision of merchant payment services and digital commerce enabling services, offering online-to-offline (O2O) solutions through a fully integrated platform with a focus on servicing merchants in the retail, transportation and food and beverage industries. Its end-to-end payment platform offers comprehensive solutions for merchants, ranging from hardware and software to data analytics and other technology-driven, value added services tailored to specific industries. Its solutions cater to merchants with both on-line and off-line presences, provided through a unified platform digitalising engagements across all channels. MC Payment currently has a presence in four geographical markets - Singapore, Malaysia, Indonesia and Thailand - with ambitions to become a regional player. … [Read more...] about MC Payment Poised To Become Singapore’s First Listed Digital Payments Firm