Mixed fortunes likely from US tariff fallout

Mixed fortunes likely from US tariff fallout

Although the decision of the United States to impose new tariff levels on Vietnam is not as harsh as the rates suggested in April, they may still pose various challenges for Vietnamese exporters as well as economic growth.
Capital’s e-motorbike market to surge amid looming ban

Capital’s e-motorbike market to surge amid looming ban

A proposal to ban petrol-powered motorbikes in inner Hanoi is expected to boost demand for electric motorbikes, but concerns remain around charging infrastructure and the need for a broader product range.
Hiccups felt during counterfeit crackdown

Hiccups felt during counterfeit crackdown

The increased oversight and crackdown on counterfeit goods, goods without invoices, and those of unknown origin are causing anxiety and the temporary suspension of operations among household businesses.
Household businesses hesitant in using e-invoices

Household businesses hesitant in using e-invoices

A period of raising awareness and adapting to new technologies and processes should help household businesses get to grips with e-invoicing systems.
Infrastructure undertakings unlocked via private funding

Infrastructure undertakings unlocked via private funding

More private enterprises are eager to participate in the nation’s crucial transport infrastructure projects, helping to push such undertakings forward and help the state save money.
Modern industrial system targeted

Modern industrial system targeted

The upcoming merger of provinces is to be synchronised with land use planning and simplified admin procedures to quickly form industrial metropolises and enhance high-tech manufacturing supply chains.
Private sector clarity of regulations a must

Private sector clarity of regulations a must

Despite the government’s efforts to cut and simplify administrative procedures, the private sector – considered the key for Vietnam to achieve outstanding growth – is still struggling with a slew of hurdles.
Pilot policy to set up digital asset tax framework

Pilot policy to set up digital asset tax framework

Amid the complexity of tracking transactions on digital asset exchanges, Vietnam is drafting policies to collect personal income tax on such traders.
Investment required to exploit AI potential

Investment required to exploit AI potential

Semiconductor production and AI are expected to become strategic drivers for Vietnam’s long-term economic development.
Tax extensions could support sustainable growth

Tax extensions could support sustainable growth

Continued fiscal support is expected to benefit individuals and businesses in production activities.
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