Wednesday , November 27 2024

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Indonesia lowers VAT on electric vehicles to 1%

Indonesia lowers VAT on electric vehicles to 1%

Indonesia has lowered its value-add tax on battery-based electric vehicle sales to 1% from 11% to encourage the adoption of EVs, a government ministry said on Monday, amid efforts to attract investment into domestic production, The incentive came into effect this month and will remain in place until the end …

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Vietnam GameVerse attracts more than 20,000 participants

Vietnam GameVerse, the country’s first game festival, was held during the weekends in HCMC with over 20,000 visitors. The event, organized by the Authority of Broadcasting and Electronic Information, VnExpress and the Vietnam Game Development Alliance, gave tens of thousands of gifts to visitors and 14 awards to developers. “This …

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