As car sales continue to reduce, local importers have asked authorised agencies to apply a 50% reduction in registration fees for imported cars in order to remove discriminatory tax reduction currently used for only locally-assembled vehicles. The European Chamber of Commerce (EuroCham) noted in its newly-released Whitebook on the year’s investment issues affecting the business […]
Read MoreThe Hanoitimes – The retailer intends to expand presence to 55 of Vietnam’s 63 provinces and nationally run cities, up from the current 39. Thailand’s Central Retail plans a larger presence in Vietnam, looking to reach nearly 90% of the country’s provinces in the next five years, as the company aims to reduce dependence on its home market, Nikkei […]
Read MoreThe Hanoitimes – Hanoi and Ho Chi Minh City have contributed to the country’s higher rank in the 2020 index. Vietnam has becomes a ‘semi-transparent’ real estate market for the first time, being listed among top 10 biggest improvers globally, according to JLL. In JLL’s biennial Global Real Estate Transparency Index (GRETI) 2020, Vietnam’s position has […]
Read MoreThe Hanoitimes – Vietnam’s exports to key markets such as the US and EU sharply rebounded across many sectors. With a trade surplus of US$5.5 billion in the first half of the year, exceeding the estimate of the General Statistics Office at US$4 billion, there is possibility that the country’s 2020 trade surplus could surpass the […]
Read MoreAs the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow. According to a study by Jones Lang Lasalle Vietnam Co, Ltd (JLL), traditional brick-and-mortar retail outlets have suffered as countries implement stay-at-home and social distancing policies “Certainly, the dependence on e-commerce will explode and will change […]
Read MoreThe electronics industry in the last six months of the year is forecasted to be still greatly affected by the COVID-19 pandemic, which reduces demand in the US and European markets. The report on industrial and commercial production in the first six months of the Ministry of Industry and Trade showed that the production index […]
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Thailand
