Vietnam has denied using exchange rates to gain an export advantage over the U.S, its central bank said in a statement on Tuesday.
Heineken made full payment of the tax demand promptly after a valid assessment issued by the Vietnam tax authority, company said in a statement.
Vietnam reported a wider trade deficit with China in 2019 at $34 billion, up 42% from $24 billion of a year earlier, data from the General Customs Department shows.
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Vietnam’s General Department of Taxation urged Heineken to pay VND917 billion ($39 million) in tax arrears after it completed a transferring deal at Heineken Hanoi in 2018.
_101537210.jpg?w=350&h=216 "Vietcombank’s 2019 pretax profit jumps 26% to $1 billion, beating target")
Vietcombank on Friday reported a 26% year-on-year jump in 2019 pretax profit at about $1 billion, exceeding whole-year goal by 12%, lender’s CEO Pham Quang Dung told a streamlined conference.
Coca-Cola Vietnam has confirmed a combined fine and tax arrears of over $35 million requested by the General Department of Taxation while saying it “made a small mistake”.
Vietnam’s growth is forecast to decelerate to 6.5% this year while the global growth is expected to slightly accelerate to 2.5%, lower than previous forecast 2.7%, World Bank says.
Chairman of Hoang Anh Gia Lai Group Doan Nguyen Duc has cooperated with NutiFood to open a joint-stock coffee company with a charter capital of $4.3 million.
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