The tax cut period will last between April 1, 2022, and December 31, 2022. The Standing Committee of the National Assembly (NA) has given its approval to the Government’s proposal to cut the environmental protection tax on petroleum products by 50%, starting April 1. At a hearing held today [March 23], Minister of Finance Ho […]
Read MoreA recent suspected scam involving local businesses exporting cashew nuts to Italy has raised alarm bells for exporters amid increasing transnational trade fraud. Risks from payment methods A total of five cashew exporters, through brokerage company Kim Hanh Viet, signed a contract to ship approximately 100 containers of cashew nuts to a number of partners […]
Read MoreMany hotels have not reopened to welcome guests, though Vietnam reopened the market to foreign investors on March 15. Located on Tran Phu street, the ‘backbone’ route in Nha Trang City of Khanh Hoa province, a 5-star hotel has been quiet for many months. The hotel had always been fully occupied with most of the […]
Read MoreVietnam has asked the government to expand a shipping navigation route between its Phu Quoc island and Thailand as part of a coastal shipping lane cooperation deal previously agreed by the two countries and Cambodia. The request was made at a meeting between Phan Chi Thanh, the Vietnamese ambassador to Thailand, and Transport Minister Saksayam […]
Read MoreThe official reopening of international tourism this month offers hope to tourism businesses who have been hit hard in the pandemic. The Ministry of Culture, Sports and Tourism announced a plan to reopen tourism activities under the “new normal” state. Tourism businesses are hoping for recovery after 2 years of difficulties. The financial report of the […]
Read MoreVietnam’s FLC Group and Laos’ Petroleum Trading Lao Public Company (PetroTrade) have signed a memorandum of understanding on developing the Vientiane-Vung Ang railway project. The signing took place in the Lao capital of Vientiane, with the ministers of Planning and Investment of the two countries witnessing. FLC and PetroTrade will jointly prepare to construct a railway […]
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Thailand
