equitisation pace thwarts robust growth

Equitisation pace thwarts robust growth

The government has been urged to clear up the status of equitisation and divestment of state-owned enterprises, which has remained slack over recent months.
tough nut to crack for businesses to embrace esg

Tough nut to crack for businesses to embrace ESG

Enterprises in Vietnam are being advised to apply environmental, social, and governance principles as soon as possible, as an effective tool to ensure their competitiveness.
tax and fee support hinges on mpi proposal approval

Tax and fee support hinges on MPI proposal approval

Lingering woes in domestic production have sparked a need for new or extended policies to fuel enterprises, regardless of state budget revenue dents.
asean encouraged to embrace global flows

ASEAN encouraged to embrace global flows

Vietnam and other ASEAN member states have been advised to create a more favourable environment with a shared digitalised bloc to woo more funding amid global investment flows changing.
current vat rate may remain for foreseeable future

Current VAT rate may remain for foreseeable future

The government is to ask the National Assembly to continue with its current VAT rate of 8 per cent until the year’s end as part of the country’s efforts to assist enterprises currently facing operating obstacles.
softening demand to limit 2024 trade

Softening demand to limit 2024 trade

A slowdown in Vietnam’s trade is expected to undermine the nation’s current account, which is projected to remain positive this year on account of waning global demand and domestic production difficulties.
downside risks being felt on vietnams growth path

Downside risks being felt on Vietnam’s growth path

Vietnam is forecast to face massive difficulties in domestic production recovery and external demand, which remain feeble, with lower-than-expected economic growth this year.
vietnam uae trade boost imminent

Vietnam-UAE trade boost imminent

Vietnam and the United Arab Emirates are set to benefit from an economic cooperation deal slated for inking this year, with trade and investment forecast to improve.
israeli free trade pact to build on existing ties

Israeli free trade pact to build on existing ties

A bilateral free deal between Vietnam and Israel, slated for ratification early this year, is expected to provide new trade and investment opportunities for the two nations currently seeking to expand their agricultural development cooperation.
investment intensified through german activities

Investment intensified through German activities

Vietnam and Germany have intensified their investment cooperation on the back of the Vietnam-EU free trade deal, with the industrial sector of particular interest.
export expansion at centre of growth plan

Export expansion at centre of growth plan

The government has requested new measures to assist Vietnam in maintaining its growth outlook and ensuring it meets export targets this year, via its annual resolution covering the general economic situation.
pro business landscape heads industrial production wishlist

Pro-business landscape heads industrial production wishlist

Despite a slowdown in industrial production, confidence among the business community is expected to continue climbing, which is backed by government efforts to provide a more friendly business environment.
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.