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Vietnam makes bold step to improve business climate: VCCI report
Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms.
VCCI proposes roadmap to phase out gas motorbikes, promote electric options
Proposals aim to raise environmental standards, reduce pollution, and support green transportation alternatives.
Proposal for 30% land rent reduction, typhoon-affected areas may receive more
After consulting with businesses and experts, VCCI has proposed a 30% land rent reduction for 2024, with a higher reduction for typhoon-affected provinces.
Charter capital contribution time limit should be extended: VCCI
Shareholders should have 180 days to contribute charter capital to their company instead of 90 days starting immediately, the Vietnam Chamber of Commerce and Industry (VCCI) recently proposed.
Former VCCI Chairman Vu Tien Loc passes away
Dr. Vu Tien Loc, an economist and President of the Vietnam International Arbitration Center, and former Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), has passed away.
One million businesses to drive digital transformation market in Vietnam
The Ministry of Information and Communications and the Vietnam Chamber of Commerce and Industry (VCCI) have pledged to drive the digital transformation of one million Vietnamese businesses by 2026.
30,000 businesses to receive support in international cooperation
The Vietnam Chamber of Commerce and Industry (VCCI) will concentrate on helping 30,000 businesspeople and enterprises with international connectivity and cooperation this year, its Chairman Pham Tan Cong has said.
Businesses lobby through unofficial channels: survey
A Vietnam Chamber of Commerce and Industry (VCCI) survey has found that businesses try to exert influence on development planning through many unofficial ways.
VCCI calls for greater support for R&D costs of FDI firms
The Vietnam Chamber of Commerce and Industry has proposed increasing the support for research and development costs to over 50% for foreign direct investment businesses, it said in policy feedback requested by the Ministry of Planning and Investment.
VCCI says limitation on loan costs harmful to businesses
The regulation on capping enterprises’ loan costs that are considered lawful expenses when defining taxable income has hindered the development of businesses, according to the Vietnam Chamber of Commerce and Industry (VCCI).
New environmental fees lead to double taxation: VCCI
The new environmental fees imposed on gas-emitting facilities under a draft decree could lead to duplicate taxation.
VCCI calls for deeper cuts in administrative fees for online public services
The VN Chamber of Commerce and Industry (VCCI) is calling for deep cuts in administrative fees applied to online submission of applications, an effort to incentivise the use of online public services in the country.
VCCI disagrees with bank ownership ratio reduction
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
VCCI repeats proposal on removal of excise tax on gasoline
The Vietnam Chamber of Commerce and Industry (VCCI) has made a renewed call for the Ministry of Finance (MoF) to eliminate the special consumption tax (excise tax) on gasoline.
VCCI suggests delaying corporate tax and land rent payments by six months
The purpose of delaying these payments is to help manage cash flows. However, businesses are still required to make full payments to the budget deficit.
VCCI proposes erasing excise tax on gasoline
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed the Ministry of Finance study the impact of eliminating excise tax on petrol and report it to the National Assembly at the next sitting.
Policy lobbying in Vietnam
In recent years, businesses and people have increasingly participated in the policy making process.
Council for business cooperation in response to COVID-19 set up
The Vietnam Chamber of Commerce and Industry (VCCI) has established a council for business cooperation in response to COVID-19,
Vietnam Chamber of Commerce and Industry has new Chairman
Pham Tan Cong was elected as Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) for the term 2021-2026 at the 14th meeting of the Executive Committee of the VCCI on September 8, replacing Vu Tien Loc.
Policy implementation capacity needs improvement to support businesses
Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc talks about solutions to help businesses overcome difficulties caused by the COVID-19 pandemic.
