Vietnam's Finance Ministry proposes new tax on pickups

Submitted by VNA on

Hanoi, August 17 (VNA) - The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with

PV Power raises share-for-sale IPO ratio to 20 percent

Submitted by VNA on

Hanoi, August 17 (VNA) –The PetroVietnam Power Corporation (PV Power), the country’s second-biggest power provider, will offer 20 percent of its total shares for sale at an initial public offering

Ringgit Ends Lower Against US Dollar

Submitted by BERNAMA on

KUALA LUMPUR, Aug 16 (Bernama) -- The ringgit ended lower against the US dollar Wednesday in tandem with most emerging currencies as investors shifted interest towards the greenback, a dealer said.

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