Special consumption taxes must be designed to suit Vietnam’s specific needs

Special consumption taxes must be designed to suit Vietnam’s specific needs

The draft amended Law on Special Consumption Tax has more clearly defined the subjects of tax, not subject, and taxpayers. The draft has also expanded the subjects and increased the tax rate for some beverage products that are considered harmful to health.
Lawmakers make case for consumption tax additions

Lawmakers make case for consumption tax additions

The Ministry of Finance’s plan to inflict a special consumption tax on air conditioners and sugary drinks has received mixed responses from many lawmakers and experts.
The rise of industrial real estate M&A

The rise of industrial real estate M&A

Vietnam’s industrial real estate mergers and acquisitions market is experiencing unprecedented growth, fuelled by improving infrastructure, revised laws, and increasing demand from foreign investors.
Wide M&A prospects for ASEAN players

Wide M&A prospects for ASEAN players

Supported by an influx of capital from developed economies, Southeast Asia now stands as a strategic hub for international investors exploring growth opportunities.
Adapting through strategic deals

Adapting through strategic deals

Vietnam in 2024 has witnessed cautious investor sentiment when it comes to big deals, but key traditional sectors continued to demonstrate resilience and engage interest.
Guidelines will help businesses manage climate change risks

Guidelines will help businesses manage climate change risks

Vietnamese businesses face growing pressure to address climate risks and comply with international environmental regulations.
An ecosystems approach for boosting productivity

An ecosystems approach for boosting productivity

The Vietnamese government has adopted important productivity frameworks, including Resolution No.06/NQ-CP adopted in 2023, aimed at modernising the labour market and accelerating labour productivity growth to 6.5 per cent annually.
Areas identified as pillars of a sustainable economy

Areas identified as pillars of a sustainable economy

Carbon credits, green real estate, and e-commerce should be the focus for Vietnam's sustainable efforts, a VIR conference heard on November 12.
Targeted policy support is crucial in order to navigate economic uncertainty

Targeted policy support is crucial in order to navigate economic uncertainty

Super Typhoon Yagi made headlines when it hit Vietnam in September. Torrential rains, flooding and landslides caused substantial casualties and extensive damage to roads, agricultural areas, factories, and ports in northern Vietnam, including Hanoi and major ports in the northern port city of Haiphong.
Impacts on VAT fertiliser rate rise considered for farmers

Impacts on VAT fertiliser rate rise considered for farmers

The National Assembly Standing Committee has fixed a 5 per cent VAT rate on the draft amendments to the existing VAT law, which, if becoming true, will affect millions of farmers in Vietnam while likely benefiting fertiliser producers.
The key to digital investment is a human mindset

The key to digital investment is a human mindset

Digital transformation helps businesses remain competitive in a logistics market challenged by unpredictable economic and political shifts worldwide.
Coordination can ease logistics issues

Coordination can ease logistics issues

It is time for logistics companies to embrace green transition, digital transformation, and business model restructuring. Dao Trong Khoa, chairman of the Vietnam Logistics Business Association, shared with VIR’s Bao Giang about the emerging directions for logistics companies.
Logistics infrastructure can enjoy a bright future

Logistics infrastructure can enjoy a bright future

Vietnam’s logistics industry needs to address bottlenecks such as congestion, delays, and high costs to create a breakthrough. Tran Thanh Hai, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, spoke with VIR’s Hai Yen about the keys to reducing logistics costs.
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