Experts urge caution over proposed sugary drink tax in Việt Nam

At a forum on SCT held in Hà Nội on April 4, hosted by the Việt Nam Beer–Alcohol–Beverage Association (VBA), concerns were raised that a sudden imposition of the tax could deliver a “shock” to producers, disrupt business operations, and burden consumers.

Hưng Yên's leader commits full support to US investors

Secretary of the Hưng Yên provincial Party Committee Nguyễn Hữu Nghĩa promised full support in terms of land access, taxation, and legal procedures to US firms eager to invest in the province, at a working session with US Ambassador to Việt Nam Marc E. Knapper on April 4.

Taxing times

The US has imposed a 46 per cent tariff on Vietnamese goods, significantly impacting textiles, footwear, and seafood. With Vietnam's export market to the US, accounting for nearly 30 per cent of its total turnover, businesses are facing rising costs and competitive disadvantages. While the government has responded swiftly with plans to negotiate a better tariff rate, companies adjust their strategies as they await further discussions.

Việt Nam's foreign investment surges 35% in Q1

Foreign investment disbursement grew 7 per cent year-on-year, reaching nearly $4.96 billion in the period. This increase underscores sustained confidence from international investors, reaffirming Việt Nam's position as a key investment destination.

HCM City economy grows at fastest pace in five years

Việt Nam’s largest economic hub, HCM City, is seeing a robust economic recovery, with its Gross Regional Domestic Product (GRDP) rising over 7.5 per cent year-on-year in the first quarter, marking the highest growth rate since 2020.

Việt Nam to launch KRX trading system on May 5

The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day.

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