Both corporate and personal income tax collections shrunk in the financial year 2020-21 by 18 per cent and 2.3 per cent, respectively, data from the Controller General of Accounts suggests
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In next 5 years, we plan to touch 25 mn/year revenue Founded with an investment of 12 million USD in 2005, Viet Hong Textile is a major denim fabric manufacturer in Vietnam today. In an interview with
Fibre2Fashion,
Quinn Hang, Vice Director of Viet Hong, discusses the strengths of the Vietnamese denim market, the government policies which are leveraging the textile industry at large and how Viet Hong managed to stay afloat even during the pandemic. How big is the market for denim fabric in Vietnam? What percentage is exported annually?
In 2020, the total export value of Vietnam amounted to Free On Board (FOB) US $29,810B (garment and textile), in which around US $1.875 billion was generated from locally manufactured denim fabric.
The presidency has rolled out a 45 page catalogue of the Muhammadu Buhari administration achievements as it clocks six years today Femi Adesina said the catalogue showcased the impact of the administration in different sectors of national life. “From infrastructure, to finance, education, healthcare, sports, anti-corruption, human development , housing, oil.The Advocate