The Hanoitimes – The agreement’s new rules of origin will make it easier to trade products tariff-free when they include inputs from other countries the EU has trade agreements with. Vietnam’s new-generation free trade agreements, the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have helped Vietnam-based foreign […]
Read MoreCambodia and Vietnam are optimistic that they will reach $5 billion in bilateral trade by 2020 as pledged by their governments. For in depth analysis of Cambodian Business, visit Capital Cambodia That optimism was evident during a meeting last week between Prak Sokhonn, Cambodia’s Minister of Foreign Affairs, and Nguyen Quoc Dung, Vietnam’s Vice Minister of […]
Read MoreThe Hanoitimes – Following the sale, the state ownership in BIDV would reduce from the current 95.28% to over 80% of the bank’s charter capital. State-run BIDV, the country’s second-largest lender by assets, on July 22 announced it would offer 603.3 million of shares, or 15% of stake worth VND20.29 trillion (US$868 million) in a […]
Read MoreThe Hanoitimes – In June alone, a total of 10,540 cars were imported to Vietnam with value of US$254 million, up 26.5% month-on-month. Vietnam imported 75,437 cars worth US$1.95 billion in the first six months of 2019, increasing 6-fold in quantity and 12.9% in value year-on-year, according to the General Department of Vietnam Customs (GDVC). […]
Read MoreThe Hanoitimes – VAFI estimated that around 80 percent of existing business lines with foreign ownership caps should be removed. The Ministry of Planning and Investment’s latest draft bill on the amendments of the Law on Investment and the Law on Enterprises is designed to further advance the country’s investment environment for firms, including foreign […]
Read MoreThe Hanoitimes – The tax exemption could reduce the state budget revenue by VND9.2 trillion (US$396 million) per year, but lay a foundation for micro and small enterprises to develop in the long term. Vietnam’s Ministry of Finance (MoF) is proposing a regulation that exempts the corporate income tax for micro and small enterprises in […]
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Thailand
