PM targets powerful, prosperous status for southern key economic region by 2035 The southern key economic region is the largest foreign direct investment magnet of the country, a leading economic driver, and a gateway for Việt Nam’s trade with the world.

Tax and customs officials suspended for alleged bribery at Tenma Vietnam Eleven Vietnamese officials involved in tax and post-customs clearance inspections at Tenma Vietnam have been suspended from work for being implicated in alleged bribery.

Five tax officials suspended for alleged bribery at Tenma Vietnam

Five Vietnamese officials involved in tax and post-customs clearance inspections at Tenma Vietnam have been suspended from work for being implicated in alleged bribery.

Finance Ministry wants to cut corporate income tax for small and micro businesses The Ministry of Finance has proposed the Government cut corporate income tax for small and micro businesses by 30 per cent this year.

Environment ministry proposes solutions to control pollution caused by transport The Ministry of Natural Resources and Environment has proposed supportive policies to encourage environmentally-friendly means of transport which run on electric engines and use renewable fuels.

S&P maintains stable outlook for Việt Nam’s sovereign credit rating S&P Global Ratings has announced it has retained Việt Nam’s sovereign credit rating at BB, with a stable outlook, in its latest report released late last week, according to the Ministry of Finance.

VN ready to be world’s factory, but is the world?

Việt Nam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency.

PM calls for urgent action on drought, saltwater intrusion Prime Minister Nguyễn Xuân Phúc has asked authorities in the central region to take action to deal with the prolonged heat wave, drought and saltwater intrusion in the region.

Ministry proposes road maintenance fee cut for transport firms

The Ministry of Transport (MoT) recently asked the Ministry of Finance (MoF) to exempt and reduce the road maintenance fees for transport vehicles and firms affected by the COVID-19 pandemic.

Government actions not enough to revive business sector: academic

The Government needs to do more to revive the business sector, Dr Trần Hùng Sơn, deputy president of the the Institute for Development and Research in Banking Technology under the Việt Nam National University HCM City has said.