Việt Nam News

The Việt Nam e-Commerce Association (VECOM) has said that a proposal that e-commerce platforms declare and pay taxes on behalf of sellers is unreasonable and should be removed from the draft amended Law on Tax Management.

By leading the way in implementing credit card issuance on the electronic identification and authentication platform (VNeID), VIB not only ensures a swift and convenient credit card application process for users but also guarantees data security for both citizens and banking operations.

To date, the province has 588 foreign-invested projects, with a total registered capital of over US$7.6 billion.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed at 1,285.46 points, down 1.06 points, or 0.08 per cent.

The pre-tax profit exceeds the annual target by 20 per cent.

The EU offers diverse online platforms benefitting Vietnamese businesses, especially SMEs. Major EU e-commerce markets like Germany, France and Italy are witnessing a surge in cross-border online trade.

The produce, totalling 21.6 tonnes and 110,000 Chinese yuan (about US$15,000), hailed from the Mekong Delta province of Bến Tre.

The Ministry of Finance is developing an amended Law on Special Consumption Tax which intends to impose tax of 10 per cent on drinks with sugar content over 5g per 100ml.

Amending tax policies related to the real estate market will be among solutions to prevent speculation and swing trading in an effort to stabilise land and housing prices, the Ministry of Construction said at a press conference on Thurday.

Việt Nam is 99th out of the 165 countries in the Economic Freedom of the World ranking by Canada’s Fraser Institute, up four places from last year.

The 10th international exhibition on food, beverages, food processing and packaging technology equipment - Vietfood & Beverage - Propack Vietnam 2024 - will take place in Hanoi from November 6 – 9.

VIB said in a statement that this represents a significant breakthrough in its strategic roadmap to lead the market in delivering personalised customer experiences. This allows clients to showcase their distinctive style and personal brand through customised credit card designs.

Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Việt Nam’s economic growth.

Vietjet's first two flights using sustainable aviation fuel (SAF) have been refueled in Việt Nam and departed from Tân Sơn Nhất International Airport in HCM City.

On Thursday, the State bank revealed that the Vietnam Construction Bank (CB) will be absorbed by the Commercial Bank for Foreign Trade of Vietnam (Vietcombank), while the OceanBank will merge with the Military Commercial Bank (MB).

Việt Nam's plastics market is set to experience significant growth, with projections indicating an increase from 10.92 million tons in 2024 to 16.36 million tons by 2029, representing a compound annual growth rate (CAGR) of 8.44 per cent.

The mini car market in Việt Nam is poised for significant evolution, driven by changing consumer preferences, emerging trends and favourable macroeconomic conditions, according to car experts.

The amendments underway to the law on electricity are expected to remove the bottlenecks and create a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.