No handouts to big firms to offset global tax, OECD tells Vietnam
The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of tax rules would be problematic, a person familiar with the discussions said
Vietnam exports high volume of products, but pockets low amount of money
Experts have warned that without thorough preparation for global integration, Vietnam will turn into a playing field for imports from all over the world
Vietnam’s first official-channel lychee shipment arrives in UK
The first official-channel shipment of Vietnamese lychee imported by the UK’s TT Meridian Ltd has arrived in the UK.
ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
ASEAN members have agreed to increase the use of local currency transactions and push for a better regional payment connectivity, in a move that could be seen as a continuing shift in de-dollarization in the region
Canada becomes fifth most important export market for Vietnamese goods
With a number of key export items recording a double-digit growth rate, Canada has become Vietnam’s fifth most important export market behind the United States, China, the Republic of Korea, and Japan, according to the General Department of Vietnam Customs.
CEPA Agreement: Leverage to promote Vietnam-UAE economy, trade
The formation of long-term cooperation frameworks such as Comprehensive economic partnership agreement (CEPA) between Vietnam and United Arab Emirates (UAE) will provide the necessary foundations for the two sides to promote future cooperation, a Vietnamese official has said.
China, Peru hold 5th round of negotiations over FTA upgrade to tap further potential
China and Peru held their fifth round of talks over the upgrading of their bilateral free trade agreement (FTA) in Beijing from May 30 to Friday, the Ministry of Commerce (MOFCOM) announced in a statement on Monday.
Prime Minister calls for greater Việt Nam-UAE economic cooperation
Prime Minister Phạm Minh Chính has called for greater economic cooperation between Viet Nam and the United Arab Emirates (UAE), particularly in the conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations.
Vietnam does not face challenge from Cambodia pepper exports to China: experts
Vietnam's pepper exports are not challenged by Cambodia being issued a licence to export its pepper to China directly, according to experts.
Vietnam emerges as a major motorcycle market and manufacturing hub
Vietnam's motorcycle market has been among some of the fastest-growing markets in the world in the last decades despite setbacks brought by the COVID-19 global pandemic, according to the Vietnam Association of Motorcycle Manufacturers (VAMM)
Only 30-40% of real estate brokerages stay afloat – VARS
HCMC – The sluggish real estate market has left adverse impact on property brokers and developers nationwide, with operational real estate brokerages accounting for 30-40% of the total in late 2022. A market report released on June 6 by the Vietnam Association of Realtors (VARS) said 554 real
PouYuen Vietnam’s assistance for laid-off workers totals VND690 billion
HCMC – PouYuen Vietnam, the most labor-intensive company in Binh Tan District, HCMC, has offered financial assistance totaling VND689 billion to around 5,700 workers whose contracts were terminated in June and July this year. The Taiwan-invested footwear maker previously decided to lay off around