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Beijing is determined to shape a global order in which its interests are respected because of its disproportionate power relative to its neighbours, says James R Keith.

What will a new global order look like, from China’s perspective? (Photo: AFP/Karim Jaafar)
By James R Keith

25 Nov 2017 04:55PM (Updated: 25 Nov 2017 05:00PM)

WASHINGTON: The essential question of leadership in Asia comes into focus as we reflect on China’s ambitious aspirations enunciated at the 19th Communist Party Congress and on the heels of President Donald Trump’s long trek through Asia this month.

The question was put succinctly by Singapore Prime Minister Lee during his visitto the United States, when he asked an American business audience: “Do you still believe that you have the most to gain from an interdependent world, open exchanges, and multilateral roles?”

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Last update 08:00 | 04/12/2017  vietnamnet

VietNamNet Bridge – A total of VND35.3 trillion of corporate income tax has been exempted for foreign-invested enterprises (FIEs), according to the Ministry of Finance.

Vietnam offers big investment incentives to foreign investors

The ministry said that by 2016, the total value of tax incentives and revenue from land use in all economic sectors had reached VND64.278 trillion, or nearly $3 billion.

This includes VND46.829 trillion worth of incentives in corporate income tax (CIT), VND394.9 billion in personal income tax, VND7.875 trillion in land and water surface leasing fees and VND3.802 trillion in land use fees.

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