The VAT rate increase in Russia
On June 14, 2018, Russian Prime Minister Dmitry Medvedev announced at a government meeting a plan to raise the VAT rate in Russia from 18% to 20%. These changes will presumably come into force on January 1, 2019 and will be aimed at increasing revenues to the budget in order to finance new social programs. In this article we will des...
Bakr Id in India
Bakr Id which is also known as Eid al-Adha or Id-ul-Adha in Arabic is a festival celebrated by the Muslim community all around the world. The festival is based on the mythological story of a command from Allah to Ibrahim to sacrifice his own son Ishmael, Ibrahim subsequently went on to follow God's orders, but at the very last mome...
The origins and traditions of the Italian holiday of Ferragosto
Ferragosto is a traditional Italian holiday with very ancient origins, which is celebrated on the 15th of August. With this article, we would like to introduce our followers to the origins of this holiday and the meaning of the traditions accompanying this recurrence.
The origin of the term “Ferragosto” de...
Real Estate Investment: A Promising Trend for FDI in Vietnam
Since the Vietnamese government has decided to pursue an open-market economy, the country has seen significant improvements in all of its business sectors, this is also thanks to various investment incentives, an abundant labor force as well as promising business opportunities.
According to recent research, in 2017, industry and c...
Army Day——Historical Origin
On the 1st August 1927, the Chinese Communist Party launched the Nanchang Uprising , which marks the 1st shot of the armed resistance against the kuomintang reactionaries which started a new era in the creation of the People’s Army.
On the 11th July,1933, upon the decision of the provisional cent...
The extent of facilitation of doing business in India under Modi
Prime Minister Narendra Modi has recently completed four years in office and elections are soon approaching. He has used his time in office to recapitalize the banks, overhaul century old insolvency laws, put stale projects in force and to implement a central tax system, the results of which are only surfacing now. In the previous qu...
The forms of investment in Italian state bonds
Government Bonds are financial instruments issued by national governments in order to face their respective nations needs and to deal with different institutional activities. To invest in Government Bonds is an opportunity that many savers do indeed enjoy, thanks to the risk-factor being perceived as low/mild on these kinds of invest...
FDI in Vietnam 2018: statistics and main challenges
Vietnam has been evaluated as a business-friendly environment among the ASEAN community and the world, thanks to its significant GDP growth, stable society and the effort of its government to become a trustworthy partner. Foreign Direct Investment (FDI) in this country is considered remarkable despit...
How US – China potential trade war impacts on Vietnam?
Earlier this month, the US imposed 25% tariffs on $34 billion worth Chinese goods. The Chinese government immediately hit back with tariffs on US goods worth the same value. From then on, both sides have threatened to take more serious actions on the issue which could possibly turn into an unpredictable trade war, damaging the e...
Will the revision of Individual Income Tax Law reduce our tax?
Since the law of the People's Republic of China on individual income tax law amendment (draft) was published on June 29, 2018, it has since gained a heated social response and people from all walks of life have developed positive discussions. Here, we have chosen several personal related issues to discuss and share with you all.