Vietnam is likely to complete its target of 6.5 percent in economic growth for 2022, but the goal of keeping the inflation rate under 4 percent is tough, according to Assoc. Dr. To Trung Thanh from the National Economics University (NEU). The increase in commodities’ prices as well as the hike in power prices due […]
Read MoreDeputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to study policies to promote the development of the domestic automobile industry, in line with the growing global trend towards electric cars. The request was to response to the proposal of the Vietnam Automobile Manufacturers’ Association (VAMA). VAMA said that Vietnam […]
Read MoreEarly this month, the State Bank of Vietnam (SBV) announced a new draft decree providing a controlled testing mechanism (sandbox) for fintech activities in the banking industry. This is the second draft that has been built to gather public opinions for this sector. One content which has been drawing big attention is regulatory sandbox for […]
Read MoreCambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. The meeting, co-chaired by Cambodian secretary of state of the Ministry of Commerce Sok Sopheak and Tran Quoc Khanh, deputy minister of Industry and Trade, was […]
Read MoreAccording to the Decision No. 508/D-TTg approving the Strategy for Tax System Reform to 2030 signed by Deputy Prime Minister Le Linh Khai, Vietnam will have a road map to increase excise taxes on tobacco, and alcohol products. One of the solutions for implementing the strategy is tax policy reform. Specifically, regarding value-added tax, the […]
Read MoreIn the context of instability in the world, Vietnam needs to develop its domestic market with the “Vietnamese people giving priority to using Vietnamese products” campaign. So said Vice President of the Vietnam Fatherland Front Central Committee Truong Thi Ngoc Anh said at the workshop promoting growth and efficiency in implementing the “Vietnamese people give […]
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