The Hanoitimes – Vietnam’s trade turnover is likely to have reached US$238.4 billion in the first half this year, down 2.1% year-on-year. Vietnam reported an estimated trade surplus of US$500 million in June, expanding the country’s trade surplus to US$4 billion in the January – June period, compared to a US$1.7-billion surplus recorded in the same […]
Read MoreVietnamese apparel companies will not enjoy immediate tariff cuts after the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, as they have to overcome strict rules of origin. Under the deal, Vietnam’s footwear, textile and garment industries will have to make changes to meet the conditions of origin and take advantage of preferential tariffs. For […]
Read MoreVietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic. Gross domestic product rose 0.36% from a year earlier, compared with a revised 3.68% in the first quarter, the General Statistics Office said Monday in Hanoi. The median estimate […]
Read MoreVietnamese transport firms wherein foreign investors contribute over 51% of the chartered capital will not be licensed, according to the Ministry of Transport. Recently, some transport firms with over 51% of foreign stake had questions about the investment in vehicles for the road transport business. In response, the Ministry of Transport stated in a document […]
Read MoreStudies have found that Vietnam’s taxation system offers many incentives to foreign invested enterprises (FIEs), but puts an increasingly heavy burden on Vietnamese enterprises and people. The 2020 annual economic report released by VEPR (the Vietnam Institute for Economic and Policy Research) on June 17 drew the public’s attention to the tax collection system. The […]
Read More[HANOI] Vietnam reported gross domestic product growth of 0.36 per cent in the second quarter from a year earlier, versus a 6.73 per cent expansion in the same period last year, the General Statistics Office (GSO) said on Monday. The South-east Asian country’s GDP in the first half of this year grew 1.81 per cent […]
Read More
Thailand
