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Lower VAT urged for key exports

(15:29 - 06/03/2014)(View: 222)

Reduction of the value added tax for agro-forestry-fishery products should be made to help producers and exporters cope with low market demand and financial difficulties, recommended the Agro-Forestry Processing and Salt Industry Department. 

 

It suggested that a value added tax reduction be applied to sectors whose proportion of exports is more than 80 per cent. 

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Poster: Xuân Đào
Source: fis.com

 

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News in brief

1. Japanese businesses want to invest in Vietnam

Around 30% of Japanese businesses that are intent on investing overseas consider Vietnam as their prime choice, according to a recent survey by Japan External Trade Organisation (JETRO). 

2. Lower VAT urged for key exports

Reduction of the value added tax for agro-forestry-fishery products should be made to help producers and exporters cope with low market demand and financial difficulties, recommended the Agro-Forestry Processing and Salt Industry Department. 

 

3. Cold weather affects Vietnam’s shrimp production

Cold weather in southern Vietnam has affected thousands of hectares of shrimp production, as farmers have to delay their new season of cultivation. 

4. Value Added Shrimp index on 02/05/2013

The Value Added Shrimp Index is $5.233 +.032

5. Black tiger shrimp index 01/24/2013

The Black Shrimp Index is $6.2979 +.0050

 

 

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