The Hanoitimes – The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021. The International Monetary Fund (IMF) has revised down its forecast for Vietnam’s GDP growth to 1.6% in 2020 from a previous estimate of 2.7% in June. Vietnam, […]
Read MoreIndividuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved. Enterprises founded under the provisions of the Law on Enterprise would be exempt from the ruling. The regulation aimed at preventing individuals from investing in real estate in […]
Read MoreThe government on October 1 released a report on legal documents, showing many overlapping, contradictory, inadequate, and impractical regulations. The report says the legal system is cumbersome and complicated with a huge number of by-law documents, especially legal documents released by ministries and ministry-level ones. Many regulations have been found as overlapping and contradictory with […]
Read MoreMost enterprises say they are still experiencing a sharp decrease in revenue, cash flow imbalance and decline in confidence. Chu Tien Dung, chair of the HCM City Business Association, said a recent survey by the association found that only 5 percent of businesses have regained the normal situation and 9 percent have initially overcome difficulties, […]
Read MoreA majority of European businesses in Viet Nam expect to increase their operations in the country, the sixth Business Sentiment Survey of the EU-ASEAN Business Council released on Thursday shows. A total of 72 per cent of respondents in Viet Nam have plans to expand, while 63 per cent of respondents in the country are […]
Read MoreThe Hanoitimes – Assuming there is no further massive outbreak domestically, it is expected the recovery to extend further in the fourth quarter. Despite lowering Vietnam’s GDP forecast in 2020 from 3.5% to 2.8%, Singapore-based United Overseas Bank (UOB) has raised its prediction for the country’s economic growth in 2021 from 6.6% to 7.1%. While the […]
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Thailand
