The Hanoitimes – In 2014, on average, each Vietnamese firm spends 872 hours paying taxes and the tax costs account for 40.8% of profits, according to the World Bank’s (WB) annual report on the global business environment. Compared to some countries in the region, Vietnamese enterprises have an unfavorable tax payment period. In Laos and […]
Read MoreHANOI — A report on imports and exports in 2016 was officially launched for the first time yesterday in Hanoi, with an aim to successfully implement the import-export strategy in the 2011-20 period with a vision to 2030. “The report will be published annually to provide an overall view of accurate and adequate information on the […]
Read MoreThere is great potential for organic food production in Viet Nam, but the industry faces a number of challenges, experts said. “International customers expect a very high quality of Vietnamese shrimp and other products, and prioritise organic products,” Christian Henckes, programme director of the Integrated Coastal Management Programme implemented by the German Development Agency (GIZ) […]
Read MorePrime Minister Nguyen Xuan Phuc last month issued Decision No 168/QD-TTg approving a five-year (2016-20) restructuring plan for the electricity sector. Dinh Quang Tri, deputy general director of Electricity of Vietnam (EVN), tells Vietnam News Agency that the plan envisages increased transparency and competition in the sector. What is the role of EVN in the […]
Read MoreHANOI (Reuters) – Vietnam’s economy grew at its slowest pace in three years in the first quarter, government data showed yesterday, as production was weak in agriculture, mining and manufacturing. The General Statistics Office (GSO) said annual growth in January-March was 5.1 percent. That was the slowest expansion for any quarter since the first three […]
Read Moregained a year-on-year increase of 7.6 per cent in total export value of agro, forestry and fishery products in the first quarter of this year to US$7.6 billion. This included $2.9 billion in March, according to the Ministry of Agriculture and Rural Development. Of the total figure for Q1, export value of main farming products […]
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