Vietnam recorded an additional 52 new domestically-transmitted COVID-19 cases in the past 12 hours to 6am on May 30, according to the Ministry of Health (MoH).
Born in the Year of the Buffalo
'Buffalo' represents hard work, persistence and stability in the Vietnamese people's conception, and these characteristics are considered to apply to people born in the Year of the Buffalo [according to eastern zodiac].
Exporters to identify risks of trade defence measures in the US
Local exporters need to proactively identify risks and work closely with state management agencies to respond to trade remedies in the increasingly complicated imported markets,
Vietnam eyes strong recovery from pandemic this year
Vietnam's economy is likely to experience a strong bounce back in 2021 with GDP growing at 6.9% in the best-case scenario
Government considers additional support policies for industrial sector
The Ministry of Planning and Investment (MPI) said it had advised the Government to implement a number of policies to support Viet Nam's industrial sector, especially the support industry.
VN to set new regulations for overseas investment
Individuals will no longer be allowed to invest in real estate abroad if a new draft decree issued by the Ministry of Planning and Investment is approved.
Businesses unable to access Govt support package, experts call for simpler application procedures
Procedures for accessing the Government’s credit package for enterprises and individuals affected by the COVID-19 pandemic must be made simpler and more rational, experts have said.
VN customs watchdog to focus on origin frauds
The General Department of Customs will focus on cracking down origin frauds and illegal transhipment as violations are becoming more rampant and complex as Viet Nam integrates more deeply into the global economy.
Vietnam to increase rice exports to EU under EVFTA
Rice quotas for Vietnam under the EVFTA are expected to push Vietnam’s rice exports up from the second half of this year, according to the Ministry of Industry and Trade (MoIT).
Guiding decrees needed to fight with transfer pricing in Vietnam
Anti-transfer pricing measures were included in the Law on Tax Administration for the first time, but a guiding decree has not yet been written. Experts said this could mean the rules are less effective.
P2P firms in Vietnam waiting for a sandbox
Peer-to-peer (P2P) lending companies expect that the sandbox for fintech would eliminate unscrupulous businesses and help the market grow significantly.
VN records positive growth amid gloomy global forecasts
Vietnam’s gross domestic product (GDP) expanded 1.81 per cent year-on-year during the first half of this year, the lowest six-month growth pace since 2011, according to the General Statistics Office (GSO).
Vietnam lures US$6 billion FDI into industrial parks
Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).
Circular about origin rules in EVFTA issued
Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT about rules of origin in the European Union – Viet Nam Free Trade Agreement (EVFTA).
Suitable tiered pricing mechanism urged for Vietnam's electricity sector
The Ministry of Industry and Trade (MoIT) is proposing reducing power price tiers from the current six to five levels.
FDI into electronics should promote local companies
The electronic industry of Vietnam is heavily dependent on FDI.
Resolutions on highway projects, corporate income tax cut approved
The National Assembly on Friday approved a resolution that will turn three public private partnership (PPP) sub-projects of the North-South Highway to public-invested.
Vietnam Airlines proposes Gov’t financial support to overcome difficulties
Vietnam Airlines has proposed the Government to lend a minimum of VND4 trillion (US$172 million) or maximum of VND12 trillion at the lowest preference interest rate to help the firm overcome serious impacts caused by the COVID-19 pandemic.
More Vietnamese use livestream, says e-commerce company
Vietnamese consumers, across ages, are tending to use livestream as a way to connect with sellers and gather information about products while shopping from home, e-commerce giant Shopee said in a report.
Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel
The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VND3,000 to VND2,100 per litre.