Local gold prices kept soaring this morning to pass the historic high on July 6, reaching VNĐ50.32 million (US$2,172) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.
The Government’s new growth target of 4 per cent this year, though ambitious, could still be achieved if policy implementation is organised well.
The central bank’s statistics showed loan payment deadlines were restructured for nearly 260,000 customers with outstanding loans worth nearly VNĐ18 trillion (US$775.8 million)
With the EU - Việt Nam Free Trade Agreement coming into effect in August and eliminating most tariffs, agriculture, forestry and aquaculture businesses need to be aware of the EU’s stringent regulations, experts have said.
Although the COVID-19 pandemic has been controlled in Viet Nam, its long-term effects will continue to be felt.
Corporate bond issuance in June was estimated at VNĐ31 trillion (US$1.34 billion)
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.6 per cent to close at 861.16 points.
Anti-transfer pricing measures were included in the law on tax administration for the first time, but a guiding decree has not yet been written. Experts said this could mean the rules are less effective.
The growth was lower than in the same period last year at 7.2 per cent.
Việt Nam exported 955,000 tonnes of coffee, worth US$1.6 billion in the first six months of 2020, according to the Department of Import and Export under the Ministry of Industry and Trade.
VinSmart Research and Manufacturer Joint Stock Company, an affiliate of Vingroup, on Monday announced smartphone Vsmart Aris 5G, marking its trial manufacture of the first domestic terminal incorporating 5G technology in Việt Nam.
The ACV estimated it would record total revenue of VNĐ11.3 trillion (US$489.3 million) and total profit before tax of more than VNĐ2 trillion.
Many segments of the real estate market are soon expected to benefit from the EU-Việt Nam Free Trade Agreement, which takes effect in August.
Vietnam International Bank (VIB) aims to earn pre-tax profit of VNĐ4.5 trillion (over US$193 million) in 2020, up 10 per cent year-on-year.
Peer-to-peer (P2P) lending companies expect that the sandbox for fintech would eliminate unscrupulous businesses and help the market grow significantly.
Tax policies are being specified while customs procedures simplified to improve the legal framework to facilitate the European Union – Việt Nam Free Trade Agreement (EVFTA) enforcement.
Online shopping has become increasingly popular, especially when social distancing measures were put in place.
The European Chamber of Commerce in Việt Nam (EuroCham) proposed the Government to apply the 50 per cent registration fee reduction to all automotive assembly firms, importers and dealers of new vehicles.