The COVID-19 pandemic is a huge challenge for businesses irrespective of sector and size in all regions and countries, including Vietnam. To ride it out and recover once the pandemic is controlled, Vietnamese businesses are seeking support from the Government, including tax breaks like value-added tax (VAT) reduction. Many businesses and business groups have urged […]
Read MoreA number of high-profile international organisations including the Asian Development Bank (ADB), the World Bank, and the International Monetary Fund (IMF), and Standard Chartered have released forecasts that Vietnam will succeed in controlling inflation in 2020, at below 4 per cent as planned by the National Assembly late last year. “Especially, the success may come […]
Read MoreThe Hanoitimes – FDI will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average of above 7% over the next decade, supported by strong macroeconomic conditions and favorable demographic […]
Read MoreThe Hanoitimes – One quarter of banks in Vietnam will actively pursue modern digital core platforms by 2025. Mobile transaction volume in Vietnam is expected to increase by 400% by 2025, according to the latest report conducted by a US-headquartered company. The information was released on May 11 in the Fintech and Digital Banking 2025 – […]
Read MoreMANILA, Philippines — The Philippines has secured enough rice supply as Vietnam, its biggest source of imports, has resumed its export policy amid the coronavirus disease 2019 or COVID-19 pandemic. In a letter to the Philippine government, Vietnam Industry and Trade Minister Tran Tuan Anh assured the country of the delivery of 400,000 metric tons […]
Read MoreThe Hanoitimes – Vietnam would be among a handful of nations maintaining positive economic growth this year, according to a World Bank expert. Vietnam’s highly effective Covid-19 countermeasures would help the country’s economy recover from the pandemic much faster than regional peers, according to David Hutt, a journalist specializing in Southeast Asian politics. During the outbreak […]
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