Việt Nam's fiscal deficit will stay high at 5.7 per cent (including interest repayment) in 2019 due to delays in the divestment of State-owned enterprises (SOE) and lower import tax revenues, according to Fitch Group’s Fitch Solutions forecast.
The execution of guarantee for customs clearance will be piloted in 2021-22 in an effort to enhance trade facilitation, a customs official said.
Việt Nam’s tra fish (pangasius) industry has been urged to strongly improve its quality so as to compete with not only traditional rivals, but also its biggest tra fish importer – China.
Shares declined further on Thursday amid rising investor caution, but foreign investors took the chance to increase their holdings.
The State Treasury of Việt Nam mobilised more than VNĐ2.1trillion (US$90.17 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) on Wednesday.
The Việt Nam National Petroleum Group (Petrolimex) plans to make a 26 per cent dividend payout for its performance in 2018.
Vietnamese enterprises need good trademarks to succeed in the global market, according to Lê Doãn Hợp, former minister of Information and Communications.
Việt Nam is one of Asia’s most vibrant property markets and a long-term strategic area for Savills. Mark Ridley, newly appointed Group CEO for Savills, spoke to Việt Nam News correspondent Thu Hằng about how to attract foreign investment into the Vietnamese real estate market during a visit to HCM City last week.
Deputy Prime Minister Vương Đình Huệ has asked agencies to enhance linkages between cities and provinces nationwide and other countries to form a global network for the One Commune, One Product (OCOP) programme.