Vietnam rising as a global financial hub: why not?

Vietnam rising as a global financial hub: why not?

For many observers, Vietnam becoming a true financial hub seems an unrealistic vision. But why shouldn’t a bustling business metropolis like Ho Chi Minh City be able to develop into an international financial centre?
Keeping an eye on the economic dangers still ahead

Keeping an eye on the economic dangers still ahead

It has been nearly three months since Vietnam implemented a VAT reduction from 10 per cent to 8 per cent with Decree No.15/2022/ND-CP dated January 28 on prescribing tax exemption and reduction, together with a corporate income tax (CIT) deduction for companies.
End of the Merkel era ushers in new journey for German leaders

End of the Merkel era ushers in new journey for German leaders

The Social Democratic Party (SPD) is the strongest force in the newly-elected Bundestag with 25.7 per cent. The party improved its results by 5.2 per cent compared to four years ago.