Danang makes global connection with festival

Danang makes global connection with festival

Returning to Danang this summer from June 8 to July 13, the Danang International Fireworks Festival (DIFF 2024) is entertaining visitors from all over the world.
No plain sailing for eco-IP conversion

No plain sailing for eco-IP conversion

The creation of eco-industrial parks should increase competitiveness, but the implementation process is leaving developers with prolonged headaches.
Trade sector encouraged to go green

Trade sector encouraged to go green

Vietnam is facing great pressure in greening its exports as consumers are paying bigger heed to environmentally friendly products, while advantages from free trade agreements are not being fully taken for the country to expand its offerings.
Businesses wary of rising deposit rates

Businesses wary of rising deposit rates

Although deposit interest rates are increasing, lending rates will remain at current levels as regulatory bodies and commercial banks strive to support businesses in accessing capital.
Thai Nguyen sets industrial development example

Thai Nguyen sets industrial development example

The province of Thai Nguyen has continued to achieve high industrial growth, playing the role as a key driving force for the northern province’s development as well as creating a boom in imports and exports.
Steady ship anticipated for monetary policy to 2025

Steady ship anticipated for monetary policy to 2025

Despite an uncertain global economic environment, Vietnam’s overall macroeconomic situation is forecast to remain stable in the second half of 2024. Suan Teck Kin, head of research at UOB, shared with VIR’s Thuy Van the outlook of Vietnam’s economy and how the country positions itself to capitalise on opportunities for economic growth and investment.
Origin rules hinder non-compliant firms

Origin rules hinder non-compliant firms

Despite the EU-Vietnam Free Trade Agreement’s removal of tariffs for many export items into the EU market, meeting stringent rules of origin may be a burden for businesses to cash in on the deal’s benefits.
Direct impact of exchange rates on business operations

Direct impact of exchange rates on business operations

Duong Bui, FX Trading Associate director for Markets & Securities Services at HSBC Vietnam, shared with VIR’s Nhue Man how upcoming exchange rate fluctuations may affect import-export businesses.
MoF proposes a 10 per cent special consumption tax on sugary drinks

MoF proposes a 10 per cent special consumption tax on sugary drinks

The Ministry of Finance (MoF) has maintained its view that sugary drinks should be subject to a special consumption tax (SCT) of 10 per cent.
Germany's Ziehl-Abegg Vietnam inaugurates new production facility in Dong Nai

Germany's Ziehl-Abegg Vietnam inaugurates new production facility in Dong Nai

Ziehl-Abegg Vietnam announced the opening of a new production facility in Dong Nai on June 12, a significant addition to its global operations.
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