Experts have urged Vietnam to prepare accommodations to get ready to receive so-called "eagles" to Vietnam.
The prices of domestically assembled automobiles are expected to go down once the luxury tax policy is amended. Strategic small-capacity and fuel saving models will be given priority.
The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam.
Vietnam needs to be more selective when receiving foreign direct investment (FDI), and should set requirements, just as foreign investors do in exchange for being able to invest in Vietnam, experts say.
Company presidents Tran Dinh Long and Dang Thi Hoang Yen have time to go to cafés and don’t attend shareholder meetings.
The Ministry of Finance (MOF), after analyzing the 2019 finance reports of foreign invested enterprises (FIEs), has found a contrast in the business performance of the enterprises.
Studies 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.
Shrimp prices have plummeted in the Mekong Delta since global demand has been hit severely by the COVID-19 pandemic.
Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association.
The difficulties in the global pandemic are opportunities for Vietnam to expand its role in the global supply chain.
The human mortality rate due to Covid-19 is 3.4 percent worldwide. For businesses, the vulnerability rate is believed to be much higher.
Vietnam still has to import car parts for domestic assembling. As a result, the production cost is high and domestically made products remain less competitive than imports.
VinFast, the automobile manufacturer belonging to Vingroup, said it is selling cars at a loss.