Vietnam plans cuts in fuel taxes as inflation rises

HANOI: Vietnam’s finance ministry on Friday (Sep 23) said it is proposing to the legislature cutting the special consumption tax and value-added tax on fuels to keep inflation under 4 per cent this year. The move will follow this week’s decision by the central bank to raise policy rates andContinue Reading

One dead, 21 missing as boat capsizes off Cambodia

PHNOM PENH: One person died and more than 20 are missing at sea after a boat carrying Chinese nationals sank off the coast of Cambodia, an official said Friday (Sep 23). The boat with 41 Chinese people on board got into difficulties off Sihanoukville on Thursday, Preah Sihanouk provincial spokesman Kheang PhearomContinue Reading