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Small enterprises

Ministry to trial digital transformation of small enterprises in HCM City district

Ministry to trial digital transformation of small enterprises in HCM City district

HCM City will implement a plan to support small and medium-sized enterprises with digital transformation to a new growth driver for them while boosting socio-economic development, a conference has heard in HCM City.
MoF proposes lower tax rate for micro and small enterprises

MoF proposes lower tax rate for micro and small enterprises

In supporting micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the tax rate to 15-17 per cent for those with a total revenue of no more than VND50 billion, instead...
93% enterprises to benefit from cut in corporate income tax

93% enterprises to benefit from cut in corporate income tax

About 700,000 enterprises are expected to enjoy a cut in corporate income tax (CIT) to between 15-17 per cent since July 1 this year, down from the current rate of 20 per cent.
MoF proposes tax cut for small firms

MoF proposes tax cut for small firms

The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.
SOEs slash costs by 638.5 million under govt plan

SOEs slash costs by $638.5 million under gov't plan

State-owned enterprises (SOEs) cut their operating costs last year by more than VND13.6 trillion (US$638.49 million).
SMEs need more clarity, confidence

SMEs need more clarity, confidence

Small enterprises can succeed if the leaders adopt clear business strategies and show self-confidence, stated Central Institute for Economic Management (CIEM) former director Le Dang Doanh.