Việt Nam News

Many major foreign network service providers such as Facebook, Microsoft, TikTok, Netflix have directly registered, declared and paid taxes online into the Vietnamese budget.

The EU has always been the most important partner of Việt Nam as the latter has always been an attractive investment destination for European firms.

HCM City is seeking to attract investment in infrastructure under public-private partnerships (PPP) as part of a commitment to creating a fair and flexible mechanism to harmonise the benefits of both the administration and investors, a city official said.

Việt Nam's exports of timber and wood products have decreased due to the impact of high inflation in the export market.

Fuel prices decreased by more than VNĐ3,000 (US$0.13) per litre on July 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The seminar, held by NEU's International School of Economics and Management, provides managers in enterprises, CEO and founders of start-up businesses with practical, up-to-date, breakthrough business/management tools.

BUSINESS BEAT

The risk of a coal shortage and high input material prices have affected thermal power businesses, while hydropower enterprises are expected to benefit from the higher power selling prices compared to last year.

To deal with fuel prices, the Civil Aviation Authority of Vietnam (CAAV) just proposed raising air service prices on domestic routes to the Ministry of Transport (MoT).

A rising affluent class, more nuclear families, the booming development of digital technology, and an increasing demand for personalisation among consumers will offer opportunities and challenges for FMCG brands in the coming years, according to Kantar Worldpanel Vietnam.

Authorities in the Cửu Long (Mekong) Delta are taking measures to help farmers cope with declining coconut prices.

Prime Minister Phạm Minh Chính stressed the need for a joint mechanism to manage the development of the southeastern region and the southern key economic region.

Even though the market benchmark rebounded in the last two sessions of the week, low liquidity showed that investors remained cautious about the stock market’s outlook.

The first six banks have provided accounts for users to make online tax payments via the eTax Mobile application.

Rapid digital transformation is considered the best way for the Mekong Delta agricultural sector to overcome difficulties and recover in the post-pandemic period, a seminar heard in Hậu Giang Province on Thursday.

The potential to boost trade and investment ties between Thailand and HCM City is huge since economic linkages between the two countries has been expanding rapidly, a forum has heard.

Trade between the two countries has showed significant growth despite the impact of the COVID-19 pandemic, a year after the UK-Vietnam Free Trade Agreement (UKVFTA) came into effect in early 2021.