digital solutions are crucial for vietnams tax future

Digital solutions are crucial for Vietnam’s tax future

Technology is transforming tax management in Vietnam, enhancing transparency and compliance. The adoption of advanced data analytics and digital tools is essential for efficient tax administration and fraud prevention. As businesses navigate these changes, it is crucial to stay informed and adapt to new regulatory landscapes effectively.
draft revised land law must ensure space for tourism goals

Draft revised land law must ensure space for tourism goals

According to the 2017 Law on Tourism, tourism is related to activities of people travelling outside their regular place of residence for a period of less than one year for sightseeing, relaxation, entertainment, learning, exploring, or other eligible purposes.
defining soe priorities vital

Defining SOE priorities vital

To achieve remarkable achievements in nearly 40 years of renovation, the Vietnamese business community as a whole, and state-owned enterprises (SOEs) in particular, have made relentless efforts, overcoming numerous challenges. They have reaffirmed their role in guiding the economy.
building on cooperation towards common prosperity

Building on cooperation towards common prosperity

With open and transparent attraction policies and a favourable, stable, and constantly improving business environment, Vietnam has gained many achievements in attracting foreign investment.
mb redirects funds towards economic revival with new credit extension

MB redirects funds towards economic revival with new credit extension

Recently authorised an extended credit limit by the State Bank of Vietnam (SBV), the Military Commercial Joint Stock Bank (MB) is swiftly disbursing the allocation, concentrating on lending to priority sectors to aid economic recovery. Vu Thanh Trung, a member of the board at MB, discusses the bank’s extra credit line and its preferential loan packages for businesses with VIR’s Luu Huong.
anti dumping lawsuits looming over exporters

Anti-dumping lawsuits looming over exporters

Trade protectionism is on the rise around the world, as governments attempt to limit the economic damage from the coronavirus pandemic. Chu Thanh Trung, deputy director of the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, told VIR’s Phuong Thu the potential risks for Vietnamese products and how actively local businesses should acknowledge the new context.
increased chinese investment in vietnam more than a phenomenon

Increased Chinese investment in Vietnam: More than a phenomenon?

More than just a phenomenon, Chinese investment in Vietnam has grown into a trend, fitting earlier forecasts.
leadership philosophy on sustaining and improving life at abbott

Leadership philosophy on sustaining and improving life at Abbott

Abbott is a leading global healthcare company with the mission to create possibilities for people through the power of health. With a 25-year local history, Vietnam is one of the key emerging markets for the company and an example of sustained business growth as well as collaboration with the government and organisations to impact people’s health through healthcare initiatives. The positive impacts of what the company has done so far for the community are partly rooted in its leadership mindset. Douglas Kuo, general manager of Abbott Vietnam, talks about Abbott’s leadership philosophy and its journey to bring breakthrough innovations to improve the health of people in Vietnam.
vietnam anticipates new wave of outbound investment

Vietnam anticipates new wave of outbound investment

Economists call for Vietnam to step up outbound investments to maximise advantages from outside resources and contribute to bolstering the country’s position and status in the regional and international arena.
controversial hong kong resort relocated

Controversial Hong Kong resort relocated

World Shine-Hue International Resort, which was delayed in construction due to protests from residents, will be relocated to a new site and renamed Minh Vien-Lang Co. International Resort project.
petroleum and gasoline firms halve tet bonuses

Petroleum and gasoline firms halve Tet bonuses

Many petroleum and gasoline firms had to reduce their Tet bonuses by half due to the decrease in oil prices, according to datviet.vn
ho chi minh city peoples committee closes phuoc hiep landfill

Ho Chi Minh City People's Committee closes Phuoc Hiep landfill

The Ho Chi Minh City People's Committee is considering closing the Phuoc Hiep landfill, prompting protests from Ho Chi Minh City Urban Environment Company Limited (Citenco), according to tuoitre newswire .
lotte becomes the main shareholder of bibica

Lotte becomes the main shareholder of Bibica

Lotte Confectionery Co., Ltd. (Lotte) is now the main shareholder of Bibica Corporation (BBC) after its main counterweight SSI sold its entire holding.
masan buys 328 per cent of competing seasoning maker

Masan buys 32.8 per cent of competing seasoning maker

Masan Food Corporation, a subsidiary of Masan Consumer, recently announced it had bought 2.66 million shares, or 32.8 per cent, of Cholimex Food JSC.
multilateral aid grant to boost sustainable development

Multilateral aid grant to boost sustainable development

The US Agency for International Development (USAID), the United Nations Development Programme (UNDP) and the European Union (EU) have announced plans to grant $3.9 million to Vietnam to help the country carry out a project promoting sustainable development.