The Hanoitimes – Optimism about economic growth, however, is inversely proportional to respondents’ working position. A recent report from recruitment firm Navigos suggested more than 50% of workers are optimistic about Vietnam’s economic prospects this year, while 31% say the economy will decline. However, the report, which was conducted base on a survey on 6,000 employees […]
Read MoreThe Hanoitimes – The 4th protocol amendment is expected to create a stable and predictable climate for trade and services and prepare for the integration and liberalization of the services sector in the future. The Vietnamese government has approved the 4th protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA), aiming to push for greater regional […]
Read MoreBusinesses may have several additional months before they have to pay income tax and land use fees, said a proposal by the Ministry of Finance (MoF) to the Government. The ministry purposed a five-months extension for business VAT tax, a three-month extension for income tax (for certain businesses only) and land use fees, which may […]
Read MoreVietnam’s economy with high level of openness could be susceptible to rising inflation as a result of growing global commodity prices. Rising global commodity prices could lead to the return of inflation in Vietnam with an estimated rate of 3.5% year-on-year in 2021, 0.3 percentage points higher than the 3.2% inflation rate last year, but […]
Read MoreCredendo Group’s offices in Germany and Austria have published a study to evaluate the level of risk in Vietnam. The study emphasised that the Southeast Asian country is continuing its successful economic story after its good performance in controlling the COVID-19 pandemic. The article quoted the latest country study of Credendo, saying that Vietnam has been one of the […]
Read MoreDespite being on the same street as three convenience stores, the grocery store owned by Nguyen Ngoc Dung on Yen The Street in HCM City’s Tan Binh District is always crowded, especially during peak hours. Tran Hanh Huong, who lives nearby, says she buys most items her family needs everyday like soap, cooking oil, instant […]
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