The world economy is speeding up while Vietnam’s growth is slowing down. Economists believe that the VAT (value added tax) should be reduced to stimulate demand, because it could result in immediate benefits. Small and medium sized enterprises in Vietnam account for 98 percent of total enterprises, making up 40 percent of GDP every year […]
Read MoreHO CHI MINH CITY (BLOOMBERG) – Masan Group said it plans to ramp up technology acquisitions and partnerships as the conglomerate aligns operations to increasingly meet Vietnam’s e-commerce demands. The Ho Chi Minh City-based company – its services range from a retail network of supermarkets and mini marts, to food production and financial services – […]
Read MoreReports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system. The US Department of the Treasury earlier this month submitted to Congress its semi-annual report on macroeconomic and foreign exchange policies of major trading partners of the US during […]
Read MoreVietnam has many opportunities to enhance exports to the European and American markets but logistic issues are causing bottlenecks to this potential. Deputy Minister Ministry of Industry and Trade Do Thang Hai addressed a conference yesterday, entitled “Development of Viet Nam’s logistics industry with Europe – America region”. He said that the local logistics industry […]
Read MoreVietnam has set goals on industrialization. The question is what is an industrialized country and who can realize the goal of industrialization. What does the state do, what do businesses do? What are the characteristics of an industrialized country? In fact, developed countries did not have goals and plans for an industrialization economy in advance. […]
Read MoreHÀ NỘI — Việt Nam will not develop coal-fired power plants after 2030 to meet its international commitments on achieving net-zero carbon emissions by 2050. Accordingly, the Government has assigned the Ministry of Industry and Trade (MoIT) to study and implement the National Power Development Plan for the 2021-30 period with a vision to 2045 (PDP8) so […]
Read More
Thailand
