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Vietnamese agricultural products sold on e-commerce platform

The event, starting from this week, is underway on the Vietnamese e-commerce platform Sendo. Vietnamese agricultural products are sold on Vietnam’s e-commerce platform Sendo.vn from this week, as part of the Vietnam E-Pavilion program jointly conducted by the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade and Vietnamese e-commerce platforms. Consumers buying agricultural products […]

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Vietnam: Gov’t keeps minimum ownership of 65% in major areas

The seven major areas include finance, banking, and aviation industries. The Government will keep at least 65% stake in State-owned enterprises (SOEs) in seven sectors, including the finance, banking, and aviation industries after completing privatization or divestment of State capital. The information was revealed in the Government’s decision No.22/2021/QD-TTg stipulating criteria for the classification of […]

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Vietnam: VAMC bad debts platform facilitates market options

The upcoming bad debt exchange platform from Vietnam Asset Management Company is being viewed as a promising legal intermediary which can effectively deal with sour loans,  as well as help lenders simplify procedures for collateral disputes while enhancing transparency. In late June the company (VAMC) announced that it will register a new branch to operate as […]

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Vietnam: Construction materials at risk of oversupply

After a period of rapid development, some construction material products are facing the risk of oversupply. Offering discount to reduce inventory Cement, tiles, and construction glass are three products that the Ministry of Construction listed on the red alert category because of oversupply. Up to now, the total number of cement production lines has reached […]

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Electric vehicles to be subject to tax incentives in Vietnam

The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam. As electric vehicles remain unpopular among Vietnamese consumers, the two ministries are studying possible amendments to the Law on Special […]

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Vietnam: Pilot Mobile Money service to be licenced next month

Local telecommunications network providers have been approved to pilot several Mobile Money services next month after more than two years of waiting. These services will allow the use of mobile phone credit to pay for small-value goods and services. Tran Duy Hai, Deputy Head of the MIC’s Telecoms Department told Đầu tư (Vietnam Investment Review) that during those two […]

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