If the National Assembly approves the Government’s proposal, enterprises will benefit from corporate income tax and value-added tax cuts by 30%. Businesses struggling with Covid-19 impacts may be subject to various support in a new rescue package under the form of waiving and reducing tax payments worth VND21,300 ($936 million). The move was revealed during […]
Read MoreMany business owners have found major partners after joining international B2B marketplaces. Vihaba is a small and medium enterprise that exports and distributes agricultural products, handicrafts and garments. Since the enterprise began selling products on Alibaba, its revenue has increased by 55 percent over the last two years. Vietnam’s products are exported to many big […]
Read MoreAlthough car manufacturers have cut prices deeply to stimulate demand, the Vietnamese auto market witnessed a record decrease in monthly sales over the past five years when fewer than 9,000 cars were sold in August 2021. According to the Vietnam Automobile Manufacturers Association (VAMA), a total of 8,884 vehicles were sold in August, a drop […]
Read MoreCambodia’s hospitality industry is up in arms after Vietnam and Thailand partially open for tourists, under strict conditions, but the Kingdom remains firmly shut to such trials despite being more in control of the pandemic. This comes as news broke that Vietnam’s Phu Quoc Island will be open for “fully vaccinated” tourists from the beginning […]
Read MoreThe country’s GDP this year is expected to reach 3.5-4 per cent if the COVID-19 pandemic is controlled in September and a ‘new normal’ achieved from the fourth quarter, said Minister of Planning and Investment Nguyen Chi Dung. Viet Nam’s exports this year would increase by 10 per cent while State budget revenue will exceed […]
Read MoreVietnam’s commitment for success of FDI companies and foreign investors can be seen through the Government’s efforts to improve the investment climate over the last few years. During a virtual conference on May 9th 2020, after successfully containing the pandemic, former Prime Minister of Vietnam told the business circle that the shift in the value […]
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