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Update news vietnam economy
The past two years have seen capital flows into Vietnam continue to steadily increase, as well as some of the country’s biggest mergers and acquisitions deals to date.
Vietnam’s resources are scarce and are not being used efficiently, experts say.
Despite numerous risks, Vietnam’s agro-forestry-fishery sector is expected to reap bigger fruits in 2019 with more investments implemented, making it one of the key drivers of economic growth. Thanh Dat reports.
The Vietnamese animal feed market is considered very promising with the value of $6 billion a year. However, feed producers have faced difficulties because of African Swine Fever (ASF).
The high production costs, taxes and fees all make automobile prices in Vietnam much higher than in other countries in the region.
The stock market these days is beset with anxiety and cautiousness. Investors cannot predict how the stock prices while foreign investors sell more than buy.
Khang Dien, Phat Dat, Dat Xanh and Nam Long are the most powerful realtors thanks to their big capitalization value.
While Vietnamese goods have become more popular in the domestic market, there's still a long way to go before local products rule the roost.
Only nine state-owned enterprises (SOEs) were given the green light from government for their equitisation plans this year, reported the Ministry of Finance (MoF).
Cocobay's breaking its commitment of 12 percent profit has lowered the confidence of condotel investors.
Under the current PIT law, pho sellers and taxi motorbike taxi drivers have to pay tax.
The target of exporting $40 billion worth of textiles and garments this year may be unattainable.
These policies not only introduce new tax treatments such as e-commerce transactions, re-auditing or the application of penalties, but also introduce new regulations of tax compliance and audit management.
The business results of listed companies in the first nine months of the year were fairly positive. But the unpredictability of the negotiations related to the US-China trade still exists.
The new regulation on certificate of origin (C/O) makes it more for Vietnam to obtain $11 billion in woodwork exports this year as planned.
The National Assembly is working on an investment law on public-private partnerships (PPP) which investors hope will settle legal conflicts.
Thai groups have invested in many business fields in Vietnam, from goods production to retail.
“We think that in 2020-2022, Vietnam may face negative impact from the trade war instead of short-term positive impact, ” said Tran Toan Thang from the Centre for Socio-Economic Information and Forecast (NCIF).
The number of aircraft in Vietnam and Asia Pacific is expected to double in the next 20 years, increasing demand for aviation services.
Vietnam could drop out of the Top 20 economies of global growth. Is this because Vietnam is going more slowly or the world is going faster?