Việt Nam News

Low electricity prices were believed to be good for production and daily lives but posed a significant problem to electricity producers as they might struggle to have capital for reinvestment and caused difficulty in attracting new capitals in electricity generation, transmission and distribution, which might cause severe power shortage.

In the context that major FDI investors such as Singapore, Japan and the Republic of Korea are adopting the global tax policy from next year, allowing these countries to collect top-up taxes on MNEs which are enjoying tax rate of below 15 per cent for their investment in a jurisdiction,  applying global minimum tax will be a must for Việt Nam to gain the right of collecting the top-up taxes.

National Assembly deputies voiced their concerns over poor planning and preparation, which have resulted in bottlenecks slowing down the disbursement of public funds.

Analysts believe that the recent support news will improve market sentiment and boost the recovery of benchmark indices.

Quảng Ninh Province is reported to attract over US$3 billion in foreign direct investment (FDI), temporarily securing its position as the leading province nationwide in attracting FDI.

Việt Nam's participation in CIIE contributes to promoting the country's image in economy, investment and tourism, and fulfilling its economic goals such as increasing exports to China via the official channel and in a sustainable fashion.

The potential remains huge for Việt Nam as it has only about 20 kinds of products exported to the Halal market.

Emily Hamblin, the British consul general in HCM City, said the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.

Revenue from the hardware and electronics industry in the 10 months is estimated to reach nearly VNĐ2.55 quadrillion, about $106 billion, a growth of 0.6 per cent over the same period last year.

Household businesses annually contribute about 30 per cent to GDP and creating millions of jobs.

The starting price of the 2500 - 2600 MHz band block for 15 years of use is nearly VNĐ4 trillion (US$166.7 million).

In recent years, Bình Định has always been in the group of localities with the best performance in the Provincial Competitiveness Index (PCI).

Việt Nam is chosen as one of three "focus countries" with a pavilion covering 200 sq.m at World Food India (WFI) 2023.

Japanese enterprises operating in Hà Nam highly value the local investment climate as provincial authorities have always provided favourable conditions for production and business activities of foreign companies, especially those from Japan.

Six best solutions of the programme “Inno Vietnam – Japan Fast Track Pitch 2023” (Vietnam – Japan Innovation: The Road to Success) were announced at a ceremony in Hà Nội on Friday.

In Việt Nam, KBTG has adopted generative AI and chatGPT as assistants to ease the coding efforts for its programmers. It is clear that accelerating Agile adoption helps the company deepen its penetration in the Vietnamese market.

The E-Commerce Week is taking place from November 27 to December 3, while the Việt Nam Online Shopping Day - Online Friday is scheduled to last from December 1 to 3.

Vietnamese Prime Minister Phạm Minh Chính and Dutch Prime Minister Mark Rutte attended the Green Economy Forum (GEF) 2023 in Hà Nội on Thursday. During the event, delegates engaged in discussions on various topics including how to create opportunities and address challenges in pursuing economic sustainability, energy security and sustainability, Việt Nam's position as a leader in green energy development in Southeast Asia, transparency and resilience of the financial system, efficient use of resources, as well as how Việt Nam can continue reducing its carbon footprint by lowering demand through optimised design and processes.