Chinese tourism set to influence Vietnam’s targets

Chinese tourism set to influence Vietnam’s targets

The future of Vietnam’s tourist business is about to shift as China finally reduces the degree of pandemic control and opens its borders.
Funds required for Vietnam’s petroleum reserves

Funds required for Vietnam’s petroleum reserves

Vietnam’s plan to raise its crude oil reserves to 2.2 million tonnes by 2025 will be an uphill task, even though the country’s production output is currently reaching 340,000 barrels per day.
Increasing demand for rice points to favourable year

Increasing demand for rice points to favourable year

Vietnam’s rice is in a good position to bolster its status as one of the major export goods of the nation on the back of global restrictions due to supply issues and trade tariffs, as well as changing trends in wheat-consuming countries.
New balance required in exploitation of fossil fuels

New balance required in exploitation of fossil fuels

With global challenges on climate change as well as international commitments on emission reduction, Vietnam will require a strategy to effectively use coal power and follow suit with its goals.
Rubber producers continue to brood over tough prices and tax complexities

Rubber producers continue to brood over tough prices and tax complexities

Vietnam’s rubber industry is facing difficulties from the global market and internal problems in tax policy, with farmers, associations, and businesses alike waiting for much-needed funds.
Wood manufacturers on alert for unpredictable new year prospects

Wood manufacturers on alert for unpredictable new year prospects

While the United States is nearing a stance on imported wood that will affect Vietnam, domestic producers are being urged to modernise to survive.
VAT refund delays cause fear of bad debt for wood groups

VAT refund delays cause fear of bad debt for wood groups

As VAT refunds represent a crucial part of the cash flow of timber processors, the current delay is throwing a wrench in the operations of woodchip, furniture, and other timber-based producers, leading related associations to call for easier regulations.
Amendments to Law on Petroleum can go some way to help attract funds

Amendments to Law on Petroleum can go some way to help attract funds

Vietnam wants to introduce mechanisms and policies to attract more investment in oil exploration and production activities on the back of the amended Law on Petroleum, with experts, businesses, and legislators pointing out several core issues.
High inflation dragging down Vietnamese wood exports

High inflation dragging down Vietnamese wood exports

Associations and businesses have acknowledged that the wood processing industry is struggling as exports to the United States decline.
Temporary interest rate package requiring second look

Temporary interest rate package requiring second look

The reach of the 2 per cent lending rate support policy has been lower than expected after banks applied common credit standards to businesses that wanted to benefit from the scheme – leading to both sides asking for more assistance in improving the situation.
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