Small and medium-sized enterprises (SMEs) will be entitled to a 30 percent cut on corporate income tax this year.Firms involved in labor-intensive production and processing activities will also benefit from the tax reduction under Decree 60/2011 issued by the Prime Minister. see more
Japan is now the biggest investor in Vietnam , with total registered investment capital of 4.33 billion USD, accounting for 51.1 percent of total FDI in the country, according to the Foreign Investment Department under the Ministry of Planning and Investment.It is followed by Samoa with a total capital of 889.8 million USD of FDI, while the Republic of Korea ranks third with 654 million USD. see more
Germany’s Bosch on Friday announced that it will double investment in its auto components plant known as the gasoline systems factory in the southern province of Dong Nai from $73 million to $132.6 million by 2015. see more
The Vina-Mazda Company officially opened its factory for manufacturing and assembling Mazda cars on October 21 at the Chu Lai Open Economic Zone in Quang Ngai province.It also launched its newly assembled Mazda 2CKD automobiles, which have won more than 50 international awards. see more