Vietnam’s exports face plenty of challenges in year ahead (03/04/2023)
Inflation is still high in many countries, leading to the trend of monetary tightening and interest rates which are expected to continue to increase in the first half of the year.
Inflation is still high in many countries, leading to the trend of monetary tightening and interest rates which are expected to continue to increase in the first half of the year.
HCM City sees over 22% rise in FDI inflows in Q1 (03/04/2023)
Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.
Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.
Vietnamese retail market appealing to foreign investors (03/04/2023)
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.
Gains feasible through large-scale FDI (03/04/2023)
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.
Capital poured into HCM City’s export processing, industrial zones up 21% in Q1 (31/03/2023)
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.
Digital transformation paves way for agro exports (31/03/2023)
Given the decline of many traditional raw export markets, agro businesses have been actively promoting technology transfer and application in production, focusing on deep processing to diversify export markets.
Given the decline of many traditional raw export markets, agro businesses have been actively promoting technology transfer and application in production, focusing on deep processing to diversify export markets.
Vietnam expected to export 7 million tonnes of rice this year: Ministry (31/03/2023)
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s Q1 trade of agro-forestry-fisheries products exceeds $20 billion (31/03/2023)
The import-export revenue of agro-forestry-fisheries products in the first quarter of this year was estimated at 20.63 billion USD, down 11.2% year on year, according to the Ministry of Agriculture and Rural Development (MARD).
The import-export revenue of agro-forestry-fisheries products in the first quarter of this year was estimated at 20.63 billion USD, down 11.2% year on year, according to the Ministry of Agriculture and Rural Development (MARD).
New tax gives Vietnam incentive to adjust (31/03/2023)
Businesses in Vietnam want preparations to be intensified for the upcoming introduction of a global minimum corporate tax rate.
Businesses in Vietnam want preparations to be intensified for the upcoming introduction of a global minimum corporate tax rate.
ASEAN, Japan reaffirm commitment to take partnership to new heights (31/03/2023)
Senior officials of ASEAN and Japan attending the 38th ASEAN-Japan Forum in Tokyo on March 28 reaffirmed their commitments to further advance the partnership and strengthen cooperation, as both sides are marking the 50th Anniversary of Dialogue Relations this year.
Senior officials of ASEAN and Japan attending the 38th ASEAN-Japan Forum in Tokyo on March 28 reaffirmed their commitments to further advance the partnership and strengthen cooperation, as both sides are marking the 50th Anniversary of Dialogue Relations this year.
Global minimum tax should not impact investors’ benefits: Conference (31/03/2023)
Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.
Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.
Energy-intensive industries urged to approach decarbonisation objectives (31/03/2023)
Cement, plastic, and steel industries in Vietnam are being expected to actively participate in Vietnam’s circular economy as decarbonisation will be key to ensure their sustainable development.
Cement, plastic, and steel industries in Vietnam are being expected to actively participate in Vietnam’s circular economy as decarbonisation will be key to ensure their sustainable development.
EPR clarity sought to keep costs low (31/03/2023)
The business community has called for clearer criteria regarding extended producer responsibility in Vietnam that considers international standards and legal status.
The business community has called for clearer criteria regarding extended producer responsibility in Vietnam that considers international standards and legal status.
Vietnam expected to export 7 million tonnes of rice this year: Ministry (30/03/2023)
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam runs trade surplus of 4.07 bln USD in Q1 (30/03/2023)
Vietnam ran a trade surplus of 4.07 billion USD in the first quarter this year, with 79.17 billion USD in export revenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually, respectively, reported the General Statistics Office on March 29.
Vietnam ran a trade surplus of 4.07 billion USD in the first quarter this year, with 79.17 billion USD in export revenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually, respectively, reported the General Statistics Office on March 29.
Vietnamese, Malaysian economies boast similarities, complementations: trade counselor (30/03/2023)
The Vietnamese and Malaysian economies are of a similar size and complement each other, Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia has said.
The Vietnamese and Malaysian economies are of a similar size and complement each other, Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia has said.
HCM City to host international paper, coatings, rubber, and plastic expos (30/03/2023)
Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in Ho Chi Minh City from June 14 to 16.
Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in Ho Chi Minh City from June 14 to 16.
Don’t rely on tax incentives for FDI: analysts (30/03/2023)
Analysts say Vietnam should stop depending on tax incentives to attract FDI and instead focus on improving the business environment and quality of labor as a minimum corporate tax looms.
Analysts say Vietnam should stop depending on tax incentives to attract FDI and instead focus on improving the business environment and quality of labor as a minimum corporate tax looms.
Action plan approved to implement foreign investment cooperation strategy (30/03/2023)
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.
Foreign SMEs pour capital into Vietnam (30/03/2023)
Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
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