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Signing a VND 56,000 Billion Contract for the Hanoi Ring Road 4 Highway Project...

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On September 3rd, the People's Committee of Hanoi and the consortium of investors for the Ring Road 4 highway project (component project 3) - Capital Region, signed a Build-Operate-Transfer (BOT) contract worth over VND 56 trillion. This significant milestone paves the way for the investors and contractors to commence preparations for the project's construction.

“The Benefits of Registering for a 17% Tax Rate: Why It’s a Smart Move...

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The Ministry of Finance has recently submitted to the Ministry of Justice a dossier for appraisal of the Personal Income Tax Law (amended). This latest draft features several significant changes, most notably the introduction of a mechanism to calculate taxes on income and apply a 17% tax rate for households and individuals with business revenues exceeding the prescribed threshold.

An Ambitious Province: Targeting Record-Breaking Economic Growth Without Mergers

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The province of Quang Ninh has set an ambitious target for its economic growth this year, aiming for a 14% increase in GRDP - the highest goal in its history and 2% higher than the government's target. This bold aspiration presents both a challenge and an opportunity to solidify its position as a leading growth hub in Northern Vietnam. To turn this record-breaking vision into reality, Quang Ninh is implementing a comprehensive range of strategic solutions across vital sectors.