Vietnam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency. But the figure was much higher than that in the same period in 2018 and 2017, when FDI […]
Read MoreThe Import and Export Department under the Ministry of Industry and Trade has set up different working groups to implement the the EU-Viet Nam Free Trade Agreement (EVFTA). The department said it will deploy 25 tasks into five key working groups for the agreement. The first group includes building and issuing legal documents. In detail, […]
Read MoreChina this month started testing its sovereign digital currency, the so-called Digital Currency Electronic Payment (DCEP), putting pressure on Vietnam to research cryptocurrency in the context of international integration. Commenting on the move, Bao Dau Thau (Bidding) online newspaper quoted Nguyen Tri Hieu, a banking and financial expert, as saying that digital currencies were a […]
Read MoreIncreasing ceiling rates for airfares would bring more chances for the local aviation firms to have flexible and suitable price policies on the… Increasing ceiling rates for airfares would bring more opportunities for local aviation firms to have flexible and suitable price policies in the domestic aviation market. Domestic aviation firms made the statement after […]
Read MoreThe Ministry of Finance has proposed that the Government reduce corporate income tax by 30% for small and micro enterprises in 2020 to help them overcome difficulties caused by the Covid-19 pandemic. Data collected by the ministry show that small and micro enterprises accounted for 93% of 760,000 businesses operating in Vietnam as of late […]
Read MoreThe Land Law disallows the issuance of land use rights certificates to aliens, Minister of Natural Resources and Environment Tran Hong Ha told reporters on the sidelines of the National Assembly session on May 25. In response to the Ministry of National Defense’s concern over the large number of prime land lots in Danang City […]
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