Việt Nam News

Car companies are offering new door-to-door services and digitised shopping experiences to boost consumption amid the latest outbreak of the COVID-19 pandemic in Viet Nam.

The Philippines’s move to lower tariffs on imported rice will open opportunities for Việt Nam to maintain stable supply of the product for the country and help it stabilise the domestic market, the Vietnamese Ministry of Industry and Trade has said.

This change is expected to have a strong impact on enterprises whose export activities are enjoying GSP incentives from the EAEU markets, especially the Russian market. 

The Sherpa Company Limited, a subsidiary of Masan Group Corporation, announced on May 24 the signing of an agreement to acquire 20 per cent of Phúc Long Heritage Joint Stock Company for US$15 million.

The General Department of Taxation under the Ministry of Finance is studying a proposal on increasing the threshold of taxable revenue for landlords renting out houses.

Investments in HCM City’s industrial parks and processing zones have risen by nearly 23 per cent year-on-year so far this year to US$236.1 million.

SP Group has signed a memorandum of understanding with BCG Energy Joint Stock Company, a wholly owned subsidiary of Bamboo Capital, that provides it exclusive rights to purchase 49 per cent of the latter’s subsidiary, Skylar Joint Stock Company.

Experts from securities companies said although the market may experience corrections early this week, it will soon return to an uptrend thereafter.

Bình Dương Province approved nearly US$1 billion worth of new foreign investment on May 21.