Việt Nam will continue to be prime destination for FDI: VinaCapital
The global corporate minimum tax is unlikely to impede Viet Nam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Viet Nam, Michael Kokalari, chief economist at investment fund VinaCapital, said.
Global minimum tax: An opportunity for Vietnam to reform its investment environment
It is expected that from 2024, some countries will apply the global minimum tax rate, including Vietnam. According to Nguyen Van Toan, Vice Chairman of the Association of Foreign Investment Enterprises (VAFIE), without reasonable and timely reforms on investment incentive policies to adapt to the
FTA to offer big opportunities for Vietnamese exports to Israel: Insiders
The conclusion of negotiations towards the signing of the Vietnam - Israel Free Trade Agreement (VIFTA) has opened up new and potential opportunities for Vietnam's exports, and now is time for businesses to understand Israeli people’s needs and tastes to promptly enter this new market, according to
Vietnam’s exports fall further in first half of May
HCMC – Vietnam reported only US$23.9 billion in foreign trade in the first half of May, down 10.8% from the second half of April, official data showed. Exports plunged 21.3% from the second half of April to US$11.5 billion, which is US$988 million lower than import spending. The falling export
Bien Hoa-Vung Tau expy likely behind schedule due to slow site clearance
HCMC – Work on three components of the first-phase Bien Hoa-Vung Tau expressway project is scheduled to begin by June 30, but site clearance for components 1 and 2 in the Dong Nai Province area has yet to be completed. Dong Nai authorities have requested relevant units to speed up site clearance
Floor domestic airfares likely to be abolished
HCMC – A majority of National Assembly (NA) deputies have agreed to maintain the airfare cap but remove floor prices of domestic air tickets. The NA Standing Committee said that removing the floor prices of domestic air tickets is necessary to encourage competition, reduce service prices, protect
Long An, Dong Nai seek to attract Indian businesses
HCMC – Multiple Indian businesses have visited Dong Nai and Long An provinces to sound out business opportunities there. On May 23, at the Indian – Vietnam Business Cooperation event, an Indian delegation of 10 businesses in logistics, construction materials, electrical and medical equipment
First Vietnam ASEAN furniture fair to be held in HCMC
HCMC – The first Vietnam ASEAN International Furniture and Home Accessories Fair (VIFA ASEAN) will be held between August 29 and September 1 at the Saigon Exhibition and Convention Center in District 7, HCMC. Under the theme “Gathering all the best Southeast Asian furniture”, the event will
Economic recovery program extension proposed
HCMC – A National Assembly (NA) deputy has proposed extending the economic recovery and development program until 2024-2025. Le Quang Manh, new head of the NA Finance and Budget Committee, said public capital disbursements were slower than planned while the program would end after six months,
Deposit interest rates have passed their heyday
Despite a further reduction of 0.2-0.4%, even a 1% reduction within just 1 month, bank deposit interest rates will decrease further in the coming time.
20+ spots included: Top best things to do in Ha Giang Province, Vietnam (2)
It is nice to have an exciting journey to Vietnam with a lot of things to do in Ha Giang. Together with the nice climate, a wide range of landscapes will give you nice memories of the land. Read the article to have a detail list of Ha Giang things to do.
Waiting for the revised date, visa application in Vietnam is still time-consuming for international visitors
At the 5th session, the 15th National Assembly will consider and approve a joint resolution on many changes in visa policy. However, travel companies reflect that they still take a long time with visa procedures for international visitors.