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Foreign corporations in Vietnam worried about global minimum tax

Foreign corporations in Vietnam worried about global minimum tax

Major foreign corporations are concerned that the proposed global minimum tax will make investing in Vietnam less profitable, according to the Ministry of Planning and Investment. The ministry said that over the past four months ending on April 20, foreign investors spent a total of nearly $8.9 billion in Vietnam …

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People queue overnight to buy social housing

Hanoi’s NHS Trung Van social housing project doesn’t open until 8:30am, but people have been waiting outside it’s doors to register for apartments since 2am. The scene has been the same ever night and day since the developer began receiving applications for the project. After visiting the place twice but …

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Five motorbikes sold in Vietnam every minute

Five motorbikes sold in Vietnam every minute

Over 634,000 motorbikes were sold in Vietnam in the first three months, which translates to almost five units every minute. The figure dropped by nearly 16% year-on-year, according to the Vietnam Association of Motorcycle Manufacturers, which comprises Honda, Yamaha, Piaggio, Suzuki and SYM. The motorbike sales figure was 7.3 times …

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