The Hanoitimes – It is difficult to have a specialized law governing all sharing economy activities, due to its fast-changing nature in practice, requiring the availability of specific regulations to address separate issue in each sector. Vietnam must support the development of sharing economy, instead of prohibiting new business models for fear of it getting out […]
Read MoreThe Hanoitimes – Vietnam’s food delivery market is valued at US$33 million and is forecast to reach US$38 million in 2020. South Korea’s new unicorn Woowa Brothers, operator of the country’s leading food delivery platforms Baedal Minjok, has acquired Vietnam’s food delivery company Vietnammm, Deal Street Asia reported. In 2015, Vietnammm acquired Foodpanda’s Vietnam operations from […]
Read MoreThe Hanoitimes – The country’s overall score has increased by 2.2 points, with a sharp increase in fiscal health and higher scores for investment freedom and judicial effectiveness outpacing a decline in monetary freedom. Vietnam is ranked 128th out of 180 countries and territories with score 55.3 in Heritage Foundation’s latest report on 2019 Index of […]
Read MoreHanoi (VNS/VNA) – The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars. The request is part of a ministry document (655/BTC-CST), which supplements and revises several articles of another document […]
Read MoreThe Hanoitimes – With the current context, the experts believed Vietnam has a golden opportunity to streamline its laws and policies to make a leap. Vietnam is having golden opportunities to lure foreign investors in the wake of the new trade deal adoption, but the government should streamline regulatory conditions further for the investment inflow to […]
Read MoreThe Hanoitimes – Recent GDP calculations have not fully reflected Vietnam’s economic performance, due to the unavailable statistics of the informal economic sector. The inclusion of informal economic sector into GDP calculation is a necessary step to review Vietnam’s economic of scale and position the country’s development path, according to Prime Minister Nguyen Xuan Phuc. Recent […]
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