Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Finance ministry proposes VND20 trillion tax payment postponement for local cars
The Ministry of Finance has put forward a new round of excise tax payment deferral domestically manufactured and assembled cars in June, July, August and September 2022.
 |
| Illustration photo. |
If the delay is approved, this will be the third consecutive year the Government applies excise tax payment deferral.
The ministry suggested deadline for excise tax payment is November 20, 2022.
The total amount of excise tax expected to be extended in the four months is about VND 9,300 - 11,400 billion, the ministry estimated.
The new round of tax support is urgent for domestic automobile manufacturers and assemblers this year. according to the ministry.
The average excise tax paid by domestic automobile manufacturing and assembling enterprises to the State budget ranges from VND 2,450 billion to VND 2,800 billion per month.
In case the demand for electric vehicles increases when excise tax for EVs is reduced, the State budget revenue will decrease by about VND 2,000 - 3,000 billion. That means the average monthly reduction is VND 170 - 250 billion./.
Bài liên quan
Dành cho bạn
Đọc thêm
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
New regulations create more transparent corporate bond market
A new draft decree on corporate bonds seeks to enhance transparency, tighten accountability, and strengthen oversight to rebuild investor confidence, and support capital market development.
