Việt Nam News

The advice came from Dr Trần Du Lịch, a member of the Prime Minister’s Economic Advisory Group, in an interview with Công Thương (Industry and Trade) newspaper.

Investors from the UK were showing significant interest in investing in renewable energy projects in Việt Nam, especially wind power, expecting the Vietnamese Government to introduce long-term support policies as well as simplification of procedures for project implementation.

In a bright spot, however, FDI disbursement saw a slight increase of 2 per cent to an estimated $2.5 billion, it said, attributing this encouraging figure to business recovery of foreign companies and their efforts in ensuring their productions amid the impact of COVID-19 pandemic.    

Việt Nam is predicted to record a positive growth this year, especially in the context of US-China trade tensions that may take a long time in the coming years.

Shares bounced back on Thursday on the back of large-caps, banking and energy stocks.

The Ministry of Planning and Investment (MPI) has summited the Government  a draft decree on amending  Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership Agreement (CPTTP).

Businesses may have several additional months before they have to pay income tax and land-use fees, per a proposal from the Ministry of Finance (MoF) to the Government. 

Nguyễn Văn Phụng, director of the Department of Tax Administration at Large Enterprises from the General Department of Taxation, spoke with Viet Nam News about incentive tax policies for Indian corporations investing in the Vietnamese pharmaceutical industry

Strengthening digital transformation in the logistics industry was an important solution to enhance capacity and competitiveness of logistics companies as well as service quality in Việt Nam.

Statistics from the General Department of Việt Nam Customs showed that exports to Australia grew 62.08 per cent over the same period last year, hitting $392 million last month.

Social distancing and strict control at hospitals, and economic recession due to COVID-19 resulted in lower sales of both prescription and non-prescription drugs. However, many companies still witnessed outstanding performance.

Farming households in the Cửu Long (Mekong) Delta need to apply high-tech practices to develop value-added agricultural products that can enter global value chains, Lê Minh Hoan, deputy minister of Agriculture and Rural Development, has said. 

Shares reversed to downtrend momentum after cutting early gains in morning session on Wednesday, with market struggling most of the trading time.

Invested by Western Pacific Infrastructure JSC, the IP will cover 151.27 ha in Tam Giang and Hòa Tiến communes in Yên Phong District.

The Regional Comprehensive Economic Partnership, the world’s largest trade pact, offers Vietnamese agricultural exporters an excellent opportunity to increase their participation in global value chains, experts said.

Food company KIDO Group has reported a 100 per cent year-on-year jump in revenues in January to VNĐ1.1 trillion (US$48 million).

As the COVID-19 pandemic continues to disrupt global activities, some industries and businesses have applied technology and new working practice to limit its influence.

Revenue hit VNĐ12.21 trillion in the period, meeting 37 per cent of the plan.