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Top related persons:
Le Quang - 1 Thang - 1 Dezan Shira - 1 Khanh Vu - 1 Francesco Guarascio - 1 Miral - 1
Top related locs:
Vietnam Hanoi HANOI Korean
Top related orgs:
Samsung - 1 Assembly - 1 Korean Chamber of Commerce - 1 Thomson - 1

Search resuls for: "Le Quang"


2 mentions found


☆ Vietnam parliament approves global minimum corporate tax, delays offsets
  + stars: | 2023-11-29 | by ( Khanh Vu Francesco Guarascio | Khanh Vu | Francesco Guarascio | ) www.reuters.com   time to read: +3 min
Parliament approved the higher tax rate as part of a global tax reform, and said the government would work on specific incentives in 2024. "The National Assembly is not issuing a separate resolution on investment incentives at this time," said Le Quang Manh, head of the assembly's financial commission. Vietnam's corporate income tax is already set at 20%, but it has offered for years much lower effective rates to large foreign investors. The Korean Chamber of Commerce in Vietnam said members were concerned about the new tax rate, but "none have expressed their intention to alter their investment in Vietnam". However, Thang Vu, a tax expert at consultancy Dezan Shira, said Vietnam could see a drop in foreign investment if it did not offer "adequate alternative economic benefits" to those affected by the new tax.
Persons: Le Quang, Thang, Dezan Shira, Khanh Vu, Francesco Guarascio, Miral Organizations: Samsung, Assembly, Korean Chamber of Commerce, Thomson Locations: Vietnam, Hanoi, HANOI, Korean
☆ Vietnam to conduct 'comprehensive inspection' of TikTok over harmful content
  + stars: | 2023-04-06 | by ( ) www.reuters.com   time to read: +1 min
"TikTok, Facebook and YouTube are all cross-border social media with international standards. But when operating in Vietnam, the platform needs to abide by local regulations on both content and tax obligations," Do said. "This is an interdisciplinary inspection activity planned by the government and in line with Vietnam law for companies operating in Vietnam, not only TikTok," TikTok Vietnam said in an email. In a statement to Reuters, TikTok Vietnam also said it had upgraded its guidelines expected to take effect from April 24 to be more transparent about its rules and how it would enforce them. The app has nearly 50 million users in Vietnam aged 18 and above, the government said in a separate statement, citing data from a research company DataReportal.
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