standards and remedies place pressure on exports

Standards and remedies place pressure on exports

With a lower-than-expected export windfall in 2023, Vietnam’s export landscape for 2024 is expected to face plenty of challenges caused by global demand.
incentives abound for minimum tax adoption

Incentives abound for minimum tax adoption

Vietnam has been urged to create more incentives for foreign investors following the country’s decision to apply a new international corporate income tax top-up.
endorsements made for vietnams cop28 pledges

Endorsements made for Vietnam’s COP28 pledges

Vietnam has made a closer step towards international assistance for its energy transition by announcing its net-zero emission implementation plan on the grand stage of the COP28 climate summit.
export turnover on track on back of global recovery

Export turnover on track on back of global recovery

Vietnam’s large trade surplus mirrors a gradual recovery in exporter performance and global demand, with hopes that new trade goals can be accomplished next year.
inflation putting pressure on myriad of sectors

Inflation putting pressure on myriad of sectors

A rise in prices of medical and education services, as well as expansion in domestic consumption, contributed largely to the consumer price index in November.
state owned group reform failing to meet expectations

State-owned group reform failing to meet expectations

Slow-paced reform of a series of state-owned enterprises is continuing to undermine the country’s competitiveness and investment environment.
business support to boost 2024 goals

Business support to boost 2024 goals

With economic growth this year forecast to fall below the set target, the government has devised a new growth goal for next year, which will be realised by greater support for businesses.
government looks ahead to financial security via debt plan

Government looks ahead to financial security via debt plan

Vietnam’s plan for borrowing and paying public debt for 2024 has been revealed, with public debt set to stay within the permissible limit and ensure the nation’s financial security.
state budget revenues under pressure amid tough economy

State budget revenues under pressure amid tough economy

The state budget has recorded a deficit for the first time so far this year, largely caused by a rise in public investment disbursement, with a lower-than-expected state budget revenue due to difficulties across the economy.
vietnam and mercosur bloc inching to trade tie boost

Vietnam and Mercosur bloc inching to trade tie boost

Vietnam is working closely with Brazil to boost its investment and trade with both the nation and the Southern Common Market, via an upcoming free trade agreement.
solutions required for competitiveness conundrum

Solutions required for competitiveness conundrum

Vietnam is under sustained pressure to lift enterprises out from the gloom in order to reach desired economic growth goals over the next few years.
chip cooperation to underpin us capital

Chip cooperation to underpin US capital

Vietnam and the US are building new ties in high technology, innovation, and investment, with a deal on cooperation in the semiconductor industry clinched.
vietnam stepping up efforts for growth

Vietnam stepping up efforts for growth

The Vietnamese government has made an urgent order to spur on industrial production and boost administrative reforms to fuel economic growth.
rcep states already looking to expand trade participation

RCEP states already looking to expand trade participation

Just a few months after it came into being, the Regional Comprehensive Economic Partnership has decided to expand its membership, with Vietnam expected to be a big trade beneficiary.
brits join the pacific club with vietnam set to benefit

Brits join the Pacific club with Vietnam set to benefit

An additional door is now available for enterprises from Vietnam and the United Kingdom to enter their respective markets on the back of a multilateral free trade agreement, alongside the bilateral one already taking effect.