Việt Nam News

After months of challenges, Việt Nam is witnessing a resurgence in foreign investment, with LG Inotech's whopping $1 billion deal leading the way. With a 4.5% increase in FDI registrations this year, experts predict even more positive trends. Yet, the global minimum tax looms large, and Việt Nam's response will be crucial for future investments.

The EU - Việt Nam Free Trade Agreement that took effect in 2020 cuts tariffs on certain Vietnamese spices and herbs such as ground and crushed pepper, chilli, vanilla, and cloves to zero when exporting to the EU, but remains largely untapped.

With a total area of ​​131.74 hectares, the project boasts a capacity of 1,200 MW, making it a large-scale project in the northern delta region.

Hà Nội is promoting agricultural exports by developing a chain from production to consumption of export agricultural products, according to the Hà Nội Department of Agriculture and Rural Development

Despite the difference in policies of the State Bank of Vietnam (SBV) and the US Federal Reserve (Fed), the USD/VNĐ exchange rate has remained stable to date thanks to a trade surplus and a bright economic outlook of Việt Nam.

Việt Nam's furniture market has been said to be among some of the fastest growing in the Pacific region, attracting major international brands to enter the country in recent years, said industry experts.

In the best scenario, seafood exports in the remaining five months of 2023 may reach over US$4 billion, bringing the total export value in 2023 to $9 billion.

Layoffs might seem like a quick and effective short-term solution but will come at higher costs in the long run, especially in terms of employee loyalty and productivity.

The recovery of profit growth in the last two quarters and supportive government policies are a solid foundation for the stock market to maintain a stable uptrend in the medium and long term.

Latin America is also an important source of raw materials for the Vietnamese processing industry with such products as corn, soybean, and animal feed, experts said.

The HCM Stock Exchange (HOSE) on Friday officially put 5.1 million fund certificates of BVFVN DIAMOND ETF into the transaction.

Accordingly, MoIT requested EVN to review, synthesise and propose economic solutions for 14 solar power projects that have been enjoying the incentive price mechanism (FIT) which are not consistent with the content of Resolution No 115/NQ-CP dated August 31, 2021.

Up to now, MIC has licensed five businesses to provide virtual mobile network services in Việt Nam.

The insurance sector is attracting the attention of investors when it comes to investment portfolios because businesses in this group have also recorded positive results in recent years.

Experiences from other countries, including the US and the EU, showed that the development of big data on e-commerce would be critical to ensure efficiency in tax management on cross-border IT services providers.

The State will remove difficulties to achieve the export target of timber and forest products this year

The Government Standing Committee has agreed that, in the near term, special consumption tax will not be levied on online games.

The programme is completely free for registering from August 1 to October 31, 2023.