Monday , November 25 2024

Business

Business

Nowhere to hide for online sellers as taxman catches up

Nowhere to hide for online sellers as taxman catches up

Many individuals who have been earning thousands of dollars from Facebook, Google, YouTube, and other online platforms have been taxed in recent years, officials said. The HCMC Tax Department for instance said at a forum Friday that it collected over VND8 billion ($342,759) each from two individuals last year and …

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Only 40 pct of international air routes have resumed: official

Vietnamese airlines have resumed flights on only 40 percent of international routes as many countries continue to have entry restrictions, an aviation official said. Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam, said at a meeting Friday that the aviation industry targets full restoration of international services …

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FLC posts $47.6 mln loss in H1

FLC posts $47.6 mln loss in H1

Conglomerate FLC, some of whose top managers were arrested for alleged stock market manipulation, reported a loss of VND1.11 trillion ($47.6 million) in the first six months. Revenues were down 60 percent to VND1.71 trillion, as sales of property and services plunged by half. The arrest of former chairman Trinh …

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Vietnam Airlines cuts losses by nearly half

Vietnam Airlines cuts losses by nearly half

Vietnam Airlines managed to cut its losses by 44 percent year-on-year in the second quarter to VND2.48 trillion ($106.25 million), thanks to soaring summer travel demand. Its revenues nearly tripled to VND18.43 trillion, exceeding its target by 35 percent. This was the highest quarterly revenue since 2020 when travel was …

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HCMC townhouse rents fall as big firms vacate

HCMC townhouse rents fall as big firms vacate

HCMC townhouse rents have dropped by 30-40 percent after the recent departure of big food and drink and retail firms. Nguyen, who had leased out his townhouse worth VND40 billion (US$1.7 million) in Go Vap District to a big retailer for over the past few years, said the monthly rent …

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Bamboo chairman quits

Bamboo chairman quits

Dang Tat Thang, who helped set up Bamboo Airways in the early days, has resigned as the airline’s chairman and general director, and vice chairman of its parent company FLC. According to a source of VnExpress, Thang said in his resignation letter that for some personal reasons, there were many …

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