The Government has proposed cutting value added tax (VAT) from the current 10% down to 8% for services and goods that are subject to a 10% VAT, according to a scheme on fiscal and monetary policies to support the socioeconomic recovery recently sent by the Government to the National Assembly. The draft resolution on the program […]
Read MoreIn order to address current issues in investment and manufacturing activities in Vietnam, the National Assembly is now considering the project ‘One Law to Amend 8 Laws’ in its extraordinary session from January 4-11, 2022. Former Chairman of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung talked with Saigon Giai Phong regarding this […]
Read MoreWith a vibrant economic climate, Vietnam remains a strong candidate for investment from the Association of Southeast Asian Nations (ASEAN) and beyond, according to the Vietnam Briefing newswire. FTAs and RCEP The newswire said Vietnam’s free trade agreements (FTAs) are another pull factor that investors can bank on. Vietnam has used its participation in FTAs […]
Read MorePandemic developments remain complicated. Hundreds of thousand of businesses faced difficulties in 2021 after resuming production after lockdown. The General Statistics Office (GSO) reported that 52,000 enterprises had to suspend their business for certain periods in the first 11 months of the year, while 39,500 stopped operation and followed procedures for dissolution, and 14,900 completed […]
Read MoreInternational transport through rail carriage to European countries via China grew rapidly in 2021. However, the advantages of this transport have not been fully exploited because of poor infrastructure. According to the Vietnam Railways Corporation (VNR), cargo international transportation, especially to Europe, grew well despite the Covid-19 pandemic. It’s estimated that international transportation via the […]
Read MoreiPhone is in the group of smartphones that bring in the highest revenue for Vietnamese retailers. Of the 10 smartphones that brought in the highest revenue for FPT Shop in 2021, eight were iPhones. Apple’s best-selling phones consist of models in all segments, from iPhone 11 to 12 and 13, and the more affordable iPhone […]
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