Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Personal income tax revenues exceed full year's target in 11M
As of late November, personal income tax revenues reached around VND170 trillion (US$7.3 billion), surpassing full year's forecast by 6.9 percent, according to the General Department of Taxation.
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In the first 11 months, the total State budget revenue reached VND1.8 quadrillion (US$71.2 billion), exceeding the forecast by 6.3 percent and marking a 16.1 per cent increase from last year.
Meanwhile, Government spending across the last 11 months was estimated to reach 73.6 percent of the forecast, reflecting a 4.7 percent increase compared to the same period in 2023.
Last year, total personal income tax valued at VND147,113 billion, making up 9 percent of total State budget revenue.
Major tax types in Viet Nam include personal income tax, corporate income tax, value-added tax, environmental protection tax, import and export duties, special consumption tax./.
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