Economy and commerce

The 23rd ASEAN Finance Ministers’ Meeting (AFMM) and the fifth ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) took place in Chiang Rai, Thailand, on April 5 under the chair of Thai Finance Minister Apisak Tantivorawong and Governor of Thai Central Bank Veerathai Santiprabhob.Officials welcomed ...

The second Asia Pacific Youth Co:Lab Summit opened in Hanoi on April 4, attracting the participation of more than 500 delegates, including hundreds of young people, partners and government officials from 20 countries.Co-created in 2017 by UNDP and the Citi Foundation, Youth Co:Lab aims to ...

The Ministry of Finance has proposed cutting corporate income tax (CIT) rates on small and micro businesses from the current 20 percent to 15-17 percent.The idea was raised in a National Assembly draft resolution which the ministry recently published for comments.The move aims to promote ...

Vietnam’s cheap workers might not be the country’s stars for much longer: low wages helped to propel the communist nation to some of the fastest growth rates in the world, but analysts say it needs a new economic model now.Keep reading ...

Vietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest.Keep reading ...

Việt Nam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.Keep reading ...

Over the past 20 years Việt Nam has embraced trade and successfully integrated into key global value chains. Việt Nam’s gross exports have expanded at an average rate of 18 per cent over the past decade, when overall global trade expanded at just 3.5 per ...

Việt Nam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and sustainable economic growth.Keep reading ...

Vietnam’s demand for highly-skilled workers will continue growing steadily in the wake of increasing foreign investment inflow, causing a severe shortage of highly-qualified human resources in the time to come, expert have warned.Keep reading ...

It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports.Keep reading ...