According to Director of the provincial Department of Planning and Investment Tran Van Hung, to provide effective support for businesses Quang Ninh has fostered public administrative reform and established multiple channels for dialogue between local administrations and companies. It has also prioritised allocating funding to the development of technical and social infrastructure, Hung said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8
Business tax law
West had argued that a news release, signed by a majority of council members before the body voted to repeal the head tax, proved that the council violated the state’s Open Public Meetings Act, which generally requires that government bodies take official actions in public. … [Read more...] about Court revives suit alleging council broke law over head tax
The representative of the MOIT’s Import-Export Department said Viet Nam has advantages in production and export of agricultural, forestry and aquatic products, while the EU has a large demand for these items that have accounted for 8.4 per cent of total annual import value. This shows great potential in export growth from Viet Nam to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9
The judge in the case described some of their complaints as “serious”, but dismissed conflicts of interest allegations against the firm and ruled the complaints were irrelevant to the criminal proceedings. He said the proper forum for dealing with the other concerns was the SRA. … [Read more...] about Regulators investigate elite London law firm Mishcon de Reya
The tax law combined a steep permanent reduction in the corporate-tax rate—from 35 to 21 percent—with temporary cuts to personal-income-tax rates. While the GOP cut tax rates at every level, wealthy Americans and corporations have disproportionately benefited, analyses have found. The polling suggests, however, that whatever economic success the tax cuts have produced, Republicans lost the political argument on their biggest legislative victory in more than a decade—a defeat that likely helped Democrats regain the House majority in 2018 and could hamper Trump’s ability to claim credit for a strong economy as he seeks reelection next year. … [Read more...] about Trump Passed the Tax Cuts. Now He’s Undermining Them.