The Politburo has issued Resolution No.50/NQ-TW on August 20, 2019, outlining directions to perfect institutions and policies to improve foreign investment efficiency and cooperation until 2030.

Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the hardest-hit industries, experts said.

Vietnam has for the first time witnessed businesses making high profit of $1 billion. Reaching new heights, Vietnamese businesses now cherish more ambitious plans.

Vietnam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports.

Covid-19 may weigh on Vietnam banks’ performance: Fitch Ratings

Some large private corporations have had to withdraw their capital from many projects and take out new loans.

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.

In addition to promulgating legal documents to ensure the enforcement of the amended Securities Law, the State Securities Commission (SSC) will put the new transaction system into operation and consolidate the corporate bond market.

The US Trade Representative (USTR) has decided that it will classify developed and developing countries in accordance with its own criteria and consider the trade ratio of the countries when classifying.

SCIC to sell all shares of Cienco 5

Many shops and restaurants in Hanoi and HCM City have closed or are looking for new owners due to Covid-19 fears.

Quang Nam calling for investment in Chu Lai International Airport

Analysts say banking will be one of a few sectors to benefit from Covid-19 as the central bank may loosen the monetary policy to support the economy in crisis.

According to Pham Dinh Thi, director of the MOF’s Tax Policy Department, the family circumstance deductions are defined in accordance with the amended PIT (personal income tax) Law.

Enterprises have begun changing their production. Three or four enterprises which specialize in exporting woodchips have bought equipment to make MDF

VN’s agro-forestry-fishery exports drop 2.8 per cent in first two months

Chinese supplies of input materials for the auto industry have been interrupted due to the Covid-19 epidemic, and may run out by the end of the month.

Businesses now have bigger choices for retail premises as the rent has decreased significantly.

The policy under which enterprises’ managers are paid based on the enterprises’ scale and numbers of workers is unreasonable, according to experts.

A VCCI (Vietnam Chamber of Commerce and Industry) report released in late 2019 showed that the privileges to ‘crony’ businesses have decreased, but not enough to ensure equal competition among businesses.