HANOI (XINHUA) – Vietnam’s Ministry of Justice has put forward a plan to increase tax rates on non-biodegradable plastic bags and packaging, as well as impose new excise taxes on single-use food and drink containers made from polystyrene foam, local newspaper Vietnam News reported yesterday. A draft proposal, to be submitted to the National Assembly, […]
Read MoreWhile newly registered businesses are getting smaller in scale, foreign companies and funds are growing in investment capital. In 2020, the average registered capital was VND28 billion per business. The figures were VND 17 billion in 2021 and VND10.6 billion in 2022. Meanwhile, in the first two months of 2023, it was just VND7.4 billion, […]
Read MoreVietnam ranked third among Laos’ export markets in January with a total value amounting to about 65 million USD. Vietnam ranked third among Laos’ export markets in January with a total value amounting to about 65 million USD, while China remained the top export destination for the country and was followed by Thailand, with 156 […]
Read MoreBanks are maintaining a cautious approach in dealing with the current crisis in the real estate market. Although real estate enterprises would like the banking industry to reconsider solutions such as rescheduling debts, reducing interest rates, and loosening monetary policy. Real estate loans Risk coefficient in loans for real estate businesses increased from 150 percent […]
Read MoreAfter great success in 2022, Vietnam’s coffee exports may face challenges this year as the fluctuations of the US dollar have been unpredictable. 2022 was a successful year for Vietnam’s coffee exports. According to statistics from the Vietnam General Department of Customs, the country exported 1.78 million tons of coffee, with a total turnover of […]
Read MoreIn February alone, total export revenue is estimated at $25.88 billion, up 9 per cent over January and 11 per cent year on year. HÀ NỘI — Total import-export revenue is estimated at US$96.06 billion in the first two months of this year, down 13.2 per cent year on year, with a trade surplus of $2.82 […]
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