phil03
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Vietnam’s growth climbs, resisting global downturn

HANOI, Vietnam — Vietnam’s economic growth picked up in the third quarter, boosted by a rally in exports as the country slowly emerges from a virus-induced slowdown. Vietnam has long been one of Asia’s fastest growing economies, and it is heavily reliant on exports, particularly after reaping the benefits of a trade spat between Washington […]

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Vietnam PM enacts 30% cut in 2020 corporate income tax

The Hanoitimes – Under the decree, enterprises’ revenue would be the main criteria to assess whether they are qualified for such a tax reduction. Prime Minister Nguyen Xuan Phuc on September 25 signed off government Decree No.114/2020/ND-CP, stipulating a cut of 30% in the corporate income tax (CIT) for enterprises having their revenue of less than […]

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FTSE Russell keeps Vietnam at secondary emerging market level

Vietnam remains a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell. FTSE Russell had listed Vietnam in its watchlist for potential re-classification since September 2018. The latest result, made on late September 25, had been widely expected by local securities firms. According to Bao Viet […]

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