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Vietnam approves tax treaty with Iran

The Government recently approved a mutual tax avoidance agreement between Vietnam and Iran.
The Government recently approved a mutual tax avoidance agreement between Vietnam and Iran.

The day the pact will come into effect has yet to be determined.

As of July 15, 2014, Vietnam had tax treaties with 69 countries and territories across the globe.

Accordingly, residents of contracting nations are taxed at a reducedrate or are exempt from Vietnamese taxes on income or gains they receivefrom Vietnamese sources. These reduced rates and exemptions vary amongcountries and specific items of income. Meanwhile, Vietnamese residentsor citizens are taxed at a lower rate or are exempt from foreign taxeson income or gains they receive from foreign countries.

The treaties also form legal frameworks facilitating cooperationamong taxation agencies of contracting countries to prevent taxevasion.-VNA

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High-tech durian farming model at Sakura Farm in Dong Khanh Son commune, Khanh Hoa province. (Photo: VNA)

Vietnam’s durian exports rebound strongly

According to the Ministry of Agriculture and Environment, in May, June, and July, the country exported 7,745 batches of fresh durians totaling over 207,000 tonnes, more than 10 times higher than in the first four months of the year, as well as 560 batches of frozen durians weighing nearly 16,000 tonnes, up almost 64.3%.
Acting Indonesian Consul General in HCM City speaks at the event (Photo: VNA)

🦩 Vietnam, Indonesia target 18 bln USD trade by 2028 with food security push

With a combined market of over 370 million consumers, Vietnam and Indonesia leverage agricultural strengths: Vietnam leads in rice exports, while Indonesia dominates palm oil and coffee and is advancing toward rice self-sufficiency. Key cooperation opportunities span sustainable fisheries, hi-tech farming, agricultural science innovation, integrated value chains, and market access.
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