Budget revenue is concentrated in a few leading businesses and land- and real estate-related sectors, posing risks when the market fluctuates, according to a VCCI representative.
Tax agencies must not demand additional unfounded procedures or documents, nor require repeated explanations when businesses apply to terminate their tax identification numbers.
The Ministry of Finance proposes that businesses and business households with annual revenue up to 10 billion VND receive a 30% tax reduction directly during each declaration period, rather than waiting for year-end finalization.
For every 10 businesses entering the Ho Chi Minh City market, eight withdraw. Many of these had ceased operations years ago and are only now completing dissolution procedures.
Associate Professor, Dr. Tran Hoang Ngan proposes tax reductions for businesses with revenue exceeding 10 billion VND to support companies and boost economic growth.
UOBAM Vietnam has officially launched the United Flexible Cash Flow Investment Fund (UMMF) certificates for sale from 3/8, offering investors a new solution for short-term cash flow management.
Each day, as production lines begin operation, over 11 MWp of rooftop solar power starts generating electricity, saving businesses approximately VND 100 million in electricity costs.
Prime Minister Le Minh Hung affirmed that business recommendations would be fully addressed, and ministries and localities must publicly respond for public evaluation of their effectiveness.
