ASEAN countries should stop offering aggressive tax incentives in order to attract foreign funds, as it could create an unfair business climate among enterprises and lead to an acute state budget deficit.

Nearly five years have elapsed since the ASEAN Economic Community was established, and businesses in the region have gradually taken advantage of the bloc’s import tariff cuts to expand exports to Vietnam.

Deputy Minister of Industry and Trade Tran Quoc Khanh, speaking at a recent conference, expressed his concern about the indifference shown by many Vietnam’s enterprises to EVFTA (EU-Vietnam Free Trade Agreement).

As Vietnam is attracting high-quality foreign inflows, domestic firms now have an even greater opportunity to draw technology transfer to improve added value in its manufacturing industry.

The government is planning to raise the country’s public debt in an aim to spur on the economy’s aggregate demand, creating opportunities for international organisations to offer loans.

“Patience and love will bring wonderful things in life."

Night-time economy key to stimulating tourism in Da Nang

Southeast Asia’s over-the-top media market remains a tough arena for both foreign and Vietnamese players due to fierce competition and the sheer number of companies involved.

The sixth Hanoi International Film Festival (HANIFF VI), originally scheduled for this November, has been postponed until next year due to the novel coronavirus (COVID-19) pandemic.

Covid-19, which has caused disruptions in cash flow, has created many changes in businesses’ marketing strategies.

In spite of numerous difficulties, the investors of four thermal power plant projects under the build-operate-transfer (BOT) model are rushing to start operation and begin generating power for the national grid.

Hundreds of border soldiers and militiamen are still been on duty 24 hours a day, battling the COVID-19 pandemic.

Driven by new encouraging policies and motivations, more fresh opportunities will be coming for Japanese investors in Vietnam, expecting a new investment wave ahead.

International pharma giants are expected to be strongly hit soon by a price cut under Vietnam’s new tender rules for branded drugs, enabling local patients to receive an increase in pharmaceutical access at affordable prices. 

Da Lat City "has what it takes" to become an urban heritage site of the Central Highlands province of Lam Dong, experts have said.

Fashion designer Hoang Hai will introduce his latest collection called Thương (Love) in HCM City this weekend.  

Following a long break due to COVID-19, creative spaces have now reopened in Hanoi, offering local people and tourists cool getaway venues.

Big heaps of waste that have appeared beside roads in Hanoi’s inner districts for several days are expected to be cleared up by Friday, as people living around the Nam Son landfill agreed to stop blocking the way to the city’s biggest dump.

The seafood industry is making all-out efforts to meet this year’s U$$10 billion export target whilst dealing with recommendations from the European Commission (EC)

In a photo taken on the occasion of the closing of the academic year, students in one class can be seen holding high their certificates of merit except for one boy.