The Hanoitimes – However, if China joins the CPTPP, Vietnam and the rest of the CPTPP countries will face fierce competition because China is the top ranked global textile exporter in both volume and value. Special tax preferential commitments under new-generation free trade agreements (FTA) will offer Vietnam huge opportunities to boost its textile and garment […]
Read MoreThe Hanoitimes – The country’s internet economy is projected to reach US$33 billion by 2025, at a compounded annual growth rate (CAGR) of 25% in 2015 – 2025. Vietnam’s internet economy has made a turnover of US$9 billion in gross merchandise value (GMV) in 2018 across online travel, e-commerce, online media and ride hailing, which is […]
Read MoreThe Hanoitimes – High-growth firms in emerging economies, including Vietnam, account for more than 50% of all new jobs and sales despite making up less than 20% of all firms in manufacturing and services. Vietnam’s policy makers should encourage the establishment of more highly-performing firms, which are the engine of jobs and output growth, to boost […]
Read MoreThe Hanoitimes – It would be challenging to fulfill the government’s plan of selling SOEs in 2018, in which at least 85 state firms must complete the transference to private hands by the end of this year. Hanoi and Ho Chi Minh City have plans to sell 14 and 39 state-owned enterprises (SOEs) in 2018, respectively, […]
Read MoreThe Hanoitimes – Thanks to this policy, the number of foreign visitors to Vietnam has been growing fast over the past three years. Vietnam’s National Assembly on November 20 decided to extend the implementation of a pilot scheme to issue electronic visa (e-visa) for foreigners entering Vietnam for another two years starting February 1, 2019, in […]
Read MoreNational Assembly deputies at a discussion on the draft amendment of the law on tax administration said tax collection from technology-based business operations such as ride-hailing service and online sale is tough due to the lack of regulations governing these new types of business, Dan Tri news site reported. Speaking at the discussion, deputy Huynh […]
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