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The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions.   A sharp increase in taxes on tobacco in a proposed …

State budget revenue has reached 68.5 per cent of the estimate as of mid-July, a year-on-year increase of about 15 per cent. A customer fulfills payment obligations to the State at a desk assigned to collect money for the budget at a branch of the Joint Stock Commercial Bank for …

Vietnamese athletes who win an Olympic gold can get as much as US$1 million in reward, plus other bonuses. The Vietnamese government has announced that an athlete who wins an Olympic gold medal will receive VND350 million ($13,800), VND220 million for a silver medal and VND140 million for a bronze. …