Viet Nam News By Hoàng Hồ After an incredible fight, actress Mai Phương, who has been receiving special treatment for aggressive lung cancer, has been discharged from Military Hospital 175 into the loving arms of friends, family, fans and colleagues. Although the battle against cancer is not over, with Phương facing many more hospital visits and follow-up appointments, her journey has been remarkable and inspirational. Since the first days of her treatment, the hospital has welcomed visits from many celebrities to help and encourage Phương. With continuous updates on the media and thousands of messages from fans on Facebook around Việt Nam, everything seemed to be going well, until actor Gia Bảo – a close friend of Phương’s, spoke up and caused some ripples. “If you don’t have a close relationship with the patient, you can just help by offering messages of … [Read more...] about How much does sympathy really cost?
Donating a car how much tax deduction
The Hanoitimes - According commitments when joining the Free Trade Agreement in ASEAN (AFTA), the import duty automobiles from the ASEAN region fell from 40% to 30%; tax cuts helped reduce car prices by 7% compared to 2016. Right from January 1, Honda has announced discounts of 80 million for 2017 Model Accord 2.4L version imported from Thailand. On February 6, Toyota issued a report on how much discount for vehicles with a drop from 44 -164 million/vehicle. Although trading companies that imported cars has declined, but the consumption is not increasing as expected. Data from the Association of Vietnam Automobile Manufacturers (VAMA) released show that total sales of 20,232 vehicles only January, 2017, down 39% compared to December, 2016. The reason is that in January of the calendar coincided with Tet Holiday, many consumers did not rush to buy cars, because it was less able to promptly complete the registration procedures for vehicles. In Vietnam, Motor Show exhibition took … [Read more...] about Enterprises to boost car import after tax reduction
Bigger cars face better tax rate (16-09-2008) Imported cars are sold in Ha Noi. Six to nine seat cars could get a better tax rate. — VNS Photo Truong Vi HA NOI — The Ministry of Industry and Trade (MIT) has suggested that six to nine-seat vehicles should be subjected to a lower special consumption tax to boost the local automobile industry. In an official document sent to the National Assembly’s Standing Committee last week, the ministry said they should be taxed 10 per cent less than cars with less than five seats – and 10 per cent lower than that outlined in a draft proposal by the Ministry of Finance (MoF). This would mean, depending on cylinder size, six-to-nine-seat cars paying a 40 per cent tax instead of 50 per cent as proposed by the MoF. And it would set them apart from six-to-15-seat vehicles presently taxed at 30 per cent. MIT Deputy Minister Bui Xuan Khu argued the six-to-nine seat cars were multi-functional and mainly served family needs, … [Read more...] about Bigger cars face better tax rate
VietNamNet Bridge – The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts. What analysts are most interested in now is how much the bond and how high the interest rates will be. VAMC, as designed by the State Bank of Vietnam, has the chartered capital of VND500 billion. The most outstanding feature of the super-corporation is that it will not use the state’s money to settle bad debts, but it will issue bonds to buy debts and “liberalize” banks from the debts. In principle, VAMC would buy bad debts at the book value after deducting the provisioned sums. For example, a bank has VND100 billion in bad debts and it has provisioned VND30 billion against the risks, then the remaining VND70 billion would be bought by VAMC. The bonds to be issued by VAMC have five-year terms, while debt sellers would have to make provision of 20 percent against the bonds’ risks. … [Read more...] about How much is VAMC’s bond?
Companies established during January and February this year, having revenue of less than VND1 billion (US$47,000), and which have issued invoices to their clients, may be eligible for tax deduction.— Photo gialai HA NOI (Biz Hub) — Companies established during January and February this year, having revenue of less than VND1 billion (US$47,000), and which have issued invoices to their clients, may be eligible for tax deduction. This is the latest decision of the Ministry of Finance in the Document No 3795/BTC-TCT to deal with the shortcomings derived from the amended Value Added Tax Law of January 1, 2014. The law says that the deduction method is applicable to business establishments that comply with the accounting and invoicing rules according to the laws on accounting and invoicing, including: business establishments which earn revenue of at least VND1 billion (US$47,600) annually from sale of goods, except business households and individuals. However, the amended … [Read more...] about Finance ministry revises company tax deduction law