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Wed, 05/08/2024 - 12:12
Submitted by ngoctu on Tue, 09/04/2012 - 12:24
Nearly 2000 enterprises returned operation in June and July, according to the Deputy Finance Minister Do Hoang Anh Tuan.

He cited some positive signals as a 5.5 percent increase in their payment of VAT in July compared to the previous month and a rise in the number of profit-making enterprises from 2.42 percent in the first quarter to 2.8 percent in the second quarter.

Tuan said the financial sector has decided to extend the time for income tax and VAT payment by nearly 100,000 enterprises, estimated at VND11,000 million.

A three-percent reduction in income tax has applied to both small and medium sized businesses as of July, he added.

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