import export heads in right direction

Import-export heads in right direction

Vietnam’s export-import landscape is regain momentum on the back of recovering demands from many foreign markets, with a large trade surplus recorded.
government keen to push ahead of initial growth targets

Government keen to push ahead of initial growth targets

Following the positive economic performance since early this year, the government is expecting higher-than-expected growth for the rest of the year, spurred on by an increase in production and disbursement of public investment.
state budget balance needed following vat decision

State budget balance needed following VAT decision

Businesses in Vietnam will continue to enjoy an 8 per cent VAT rate until the year’s end following an extension to the rate cut, which will cause a decrease in state budget revenues.
origin rules hinder non compliant firms

Origin rules hinder non-compliant firms

Despite the EU-Vietnam Free Trade Agreement’s removal of tariffs for many export items into the EU market, meeting stringent rules of origin may be a burden for businesses to cash in on the deal’s benefits.
confidence boost priority for business

Confidence boost priority for business

The poor performance of the business community has prompted the National Assembly to urge the government to amplify its policies to support struggling enterprises.
support adjusted for effectiveness

Support adjusted for effectiveness

The slow-paced implementation of a large-scale socioeconomic development package introduced in 2022 is getting a boost into next year, with enterprises being offered more assistance.
government commits to wide support towards 2025

Government commits to wide support towards 2025

The government will continue to expand the fiscal policy in a bid to assist those struggling and to achieve the desired economic growth target for the year.
myriad of benefits already clear with uk vietnam pact

Myriad of benefits already clear with UK-Vietnam pact

Vietnam and the UK are boosting ties in agri-food and drink sectors backed by slashed tariffs under free trade agreements.
public debt plan laid out towards 2026

Public debt plan laid out towards 2026

Vietnam’s scheme for borrowing and paying public debt has been outlined, with diverse sources of loans in the pipeline and public debt set to stay within the permissible limit.
upcoming na bears extra significance with elections

Upcoming NA bears extra significance with elections

The National Assembly is set to elect the country’s new state president and the legislature’s chairman this month, following leaders stepping down from the posts.
accelerated public investment the backbone to new growth

Accelerated public investment the backbone to new growth

Vietnam is being advised by economists to have a bigger focus on boosting the expansion of fiscal policy to fuel domestic production and business activities.
fdi takes on innovation focal point

FDI takes on innovation focal point

Nearly 40 years since opening the doors to the wider world, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which is now leaning into new priorities such as semiconductor manufacturing and AI.
regional cooperation advances boosted through asean future forum network

Regional cooperation advances boosted through ASEAN Future Forum network

For the first time in the history of ASEAN, Vietnam will hold the ASEAN Future Forum this week as the country’s largest multilateral event with an aim to further boost intra-bloc in economic, trade, and investment cooperation. Deputy Minister of Foreign Affairs Do Hung Viet talked with VIR’s Nguyen Dat about how important the event is to regional cooperation.
public investment progress requires a stronger thrust

Public investment progress requires a stronger thrust

High-profile international organisations are urging Vietnam to quicken its public funding as an effective fiscal policy move to attract more funding from private investors, who bemoan a lack of high-quality infrastructure works in the country.
asean strength to be built on with trade reforms

ASEAN strength to be built on with trade reforms

Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on upgrading a regional agreement on trade in goods.