Vietnam’s economy has recently received many optimistic signals from the business community, which are fuelling expectations of a stable and rapid recovery after a long disruption due to the COVID-19 pandemic. At the press conference on Monday, Nguyen Van Lam, Deputy Director of the HCM City’s Department of Labour, Invalids and Social Affairs said nearly 135,000 workers had returned to work […]
Read MoreAlthough global coal prices have reached a record high, Vietnamese coal mining enterprises have still failed to increase revenue and profit, and some of them have even suffered losses. According to the International Energy Agency (IEA), the world average coal price has reached the highest level in history with a year-on-year hike of 110 per cent in […]
Read MoreExperts have warned that workers say they will only return to HCM City after Tet, leaving a labor shortage at many businesses. “My workers all have left for their hometowns,” said Nguyen Hoang, the owner of a restaurant on Bui Vien Street, pointing to tables and chairs covered with dust after a long period of […]
Read MoreThe country still faces several obstacles to fully unlocking the benefits of digital technologies. Digital transformation can unlock VND1.7 trillion (US$74 billion) worth of annual economic value in Vietnam by 2030, equivalent to about 27% of the country’s GDP in 2020. It is the predication stated in the latest report “Unlocking Vietnam’s Digital Potential” conducted by […]
Read MoreVietnam’s growth prospects remain much dependent on the effectiveness of vaccination programs, restriction measures, and the implementation of supporting policies. Vietnam’s GDP is likely to expand by 1.8% in 2021 following the recent fourth Covid-19 outbreak that forces major cities in the country into lockdown for months. Construction and industry would be the main driving […]
Read MoreThe General Department of Taxation directly administers taxes on overseas suppliers and is responsible for granting tax identification numbers to overseas suppliers in accordance with Vietnamese regulations. The Vietnamese Minister of Finance has issued Circular 80/2021/TT-BTC guiding the Law on Tax Administration and Decree 126/2020/ND-CP. According to Circular 80, platforms such as Facebook, Google and […]
Read More
Thailand
