The Hanoitimes – While global FDI is projected to decline by 40% year-on-year in 2020, FDI commitments to Vietnam in the first eight months dropped 13.7% year-on-year to US$19.54 billion. At a time when countries around the world are competing for high quality foreign direct investment (FDI) as investors look to diversify their global supply chains, […]
Read MoreThe 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 […]
Read MoreEnterprises from a number of EU member countries have already made efforts to take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and make moves into the Vietnamese market. Stimulating flows of trade and investment In contrast to a decline in imports from major markets such as the Republic of Korea (RoK), which reached […]
Read MoreVietnam 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 […]
Read MoreOverlapping laws and contradictory regulations are causing problems for many businesses and individuals. Capital disbursement gets stuck On October 2, 2019, Prime Minister Nguyen Xuan Phuc signed a decision on the establishment of the National Innovation Center (NIC). The Ministry of Planning and Investment (MPI) plans to set up the center at Hoa Lac Hi-tech […]
Read MoreThe Hanoitimes – Total food losses in Vietnam are estimated at 8.8 million tons or US$3.9 billion in 2018, equivalent to 2% of Vietnam’s GDP or 12% of the country’s agriculture value. The Danish Embassy in Hanoi and the Vietnamese Ministry of Agriculture and Rural Development (MARD) on Saturday jointly launched the campaign ‘Actions against Food […]
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