income

Smarthome market revenue to hit 453 million USD by 2026

April 28, 2022 | 17:07

The revenue of Vietnam’s smarthome market is expected to reach nearly 240 million USD this year and 453 million USD by 2026.

Techcombank champions 15 consecutive quarters of revenue growth

July 31, 2019 | 16:53

Techcombank has cemented its position as a leading bank in Vietnam by reporting $247.8 million pre-tax profit and $395.6 million revenue for the first half.

VIB's 2018 pre-tax profit rose four-time in two years

January 19, 2019 | 08:49

Vietnam International Bank (VIB) has just announced its annual financial results of 2018 with before-tax profit jumping to VND2.741 trillion ($119 million), growing by 95 per cent against 2017 and 37 per cent higher than the projected plan.

Growing purchasing power buoyed up retail stores

August 13, 2018 | 17:13

Vietnam’s growing retail service revenue and the huge number of newly-established enterprises mirror the uptrend in local purchasing power and retail stores.

Lack of steady income a worry, say freelancers

March 20, 2018 | 21:59

Huy Phat, a 30-year-old translator based in Ho Chi Minh City, has been working as a freelancer for five years since it gives him the flexibility for scheduling his leisure activities that an eight-to-five job cannot.

Bank execs’ income in spotlight

March 15, 2018 | 22:53

At the AGM season, bank leaders’ incomes are coming into focus, with figures touching millions of dollars, even at banks that will not pay dividends this year.

It pays to look at small tax print

January 15, 2013 | 10:59

Foreign-invested businesses operating in Vietnam can encounter trouble if they fail to pay close attention to the nation’s evolving tax rules and other business laws as authorities work to advance the objectives of market-oriented socialism in a globalised economy.

Lowly paid workers to escape PIT

October 31, 2012 | 14:23

The latest proposal to revise the Personal Income Tax law has just been submitted to the National Assembly, with taxpayers with an income of VND9 million per month will no longer have to pay tax.

PIT is short of the mark

September 15, 2012 | 15:42

Deputy Minister of Finance (MoF) Vu Thi Mai maintains that the proposed personal income tax threshold of VND9 million ($428) and taxpayer dependent deduction of VND3.6 million ($171)/person remains low against those in other regional countries.

Houses out of reach for capital buyers

April 16, 2012 | 09:56

While most Vietnamese people dream of owning a place to live in a big city, only 5 per cent of the people who live in Hanoi can afford to buy a home.

Workers struggle to make ends meet

November 28, 2011 | 08:10

Low incomes and the insecurity of a life away from home force many local workers to consider taking temporary jobs at foreign-invested enterprises.

Vietnam downgraded in competitiveness index

September 09, 2011 | 11:18

Global Competitiveness Report (GCR) 2011 - 2012 announced by the World Economic Forum (WEF) ranked Vietnam at the 65th position on a total of 142 countries surveyed. The country dropped six spots from last year.

Rural training reaps rich harvest for locals

April 04, 2011 | 08:55

“Skills and knowledge are engines of economic growth and social development, and it is through skills and knowledge that women and men can enjoy equal access to decent work and productive employment”