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Việt Nam’s trade surplus reaches nearly $14 billion in first eight months

Corporate income tax reduction comes into effect

Resolution 116/2020/QH14 granting a reduction of 30 per cent on corporate income tax (CIT) for eligible enterprises officially has come into effect since Monday.

'One-trillion-đồng profit club' led by Vinhomes JSC

Twenty-five companies have entered the “one-trillion-đồng profit club” for January-June, despite the economic ravages of the COVID-19 pandemic.

ETFs attracts capital despite COVID-19 resurgence

Despite the COVID-19 resurgence, exchange-traded funds (ETFs) still attracted hundreds of billions of đồng in the second half of July.

Wooden plank exporters struggle with higher tax rates

The Việt Nam Timber and Forest Product Association (Viforest) has sent an urgent petition to the Ministry of Finance and the Ministry of Agriculture and Rural Development and Ministry of Industry and Trade about congestion of wooden planks set for export at ports.

Local businesses slow in preparing to enjoy preferential tariffs in EVFTA

Experts have raised concerns that Vietnamese businesses are slow in preparing conditions to enjoy preferential tariffs in the Việt Nam-EU Free Trade Agreement (EVFTA).

More than 50 years of remarkable transition of ASEAN

On August 8, the Association of Southeast Asian Nations (ASEAN) will celebrate the 53rd anniversary of its establishment. Along this remarkable growth journey, ASEAN has undergone significant transitions.

VN shares advance on hopes for virus block

Vietnamese shares posted the second biggest gain in the last month following the Government’s intention to block the spread of coronavirus across the country.

Industrial production expands at the lowest rate in many years

Industrial production struggled in July, expanding at just 3.6 per cent over June and 1.1 per cent over the same same period last year, the lowest rates since 2013, latest updates of the General Statistics Office (GSO) revealled.

Vietnam Airlines, ACV suffer heavy losses due to COVID-19

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.

Hà Nội ensures supply of essential goods

Deputy Minister of Industry and Trade Đỗ Thắng Hải worked with some supermarket systems in Hà Nội on ensuring the supply of essential goods and preventing the COVID-19 pandemic on Sunday.

Textile and electronics hardest hit in pandemic: official

Textile and electronics were the two among mostly affected export-oriented sectors during the COVID-19 pandemic, said an official.

Pacific Airlines launches flight attendant uniform and new brand identity

Budget airline Pacific Airlines, a member of Vietnam Airlines Corporation formerly known as Jetstar Pacific Airlines, launched its new flight attendant uniform and brand identity after changing the name and reservation and ticketing system on Friday.

Infrastructure system, administrative reforms important to attract FDI

Hà Nội should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Việt Nam amid the global production shift, experts have said.

PM asks for COVID-19 prevention and economic recovery

Prime Minister Nguyễn Xuân Phúc has urged ministries and agencies to continue taking measures to control the COVID-19 pandemic while preventing negative economic developments.

F&B businesses prepare for possible second round of social distancing

Though local F&B businesses don't want social distancing to return in August, the experiences they had in April are helping them prepare.

Việt Nam fulfills international commitments as EVFTA takes effect

Việt Nam will continue to fulfill its international commitments so that it can take full advantage of the EU-Việt Nam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19.

Ministry seeks to further open petroleum retail market

The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.

Maximum $130,700 fine for listing violations: draft decree

Public companies may receive a penalty of VNĐ2-3 billion (US$87,120-130,700) for falsifying share listing and trading documents under a proposal from the Ministry of Finance.

VCCI Cần Thơ launches website to explain EU free trade deal

The Việt Nam Chamber of Commerce and Industry's Cần Thơ branch has launched an online portal and consultancy on the Europe-Vietnam Free Trade Agreement for the benefit of businesses in the Cửu Long (Mekong Delta).

Ministry of Construction eyes building low-cost housing

The Ministry of Construction (MoC) is completing a draft resolution to encourage the development of low-cost commercial apartments to submit to the Government in the third quarter of this year.