Economy and commerce

Vietnam ranks high in digitalisation: research

Companies in Vietnam ranked higher than the global average in taking a strategic, consistent or radical approach to digitalising customer experience and engagement, said Singapore-based financial services group DBS.The research said that about 63% of Vietnamese companies were satisfied that digital transformation was helping them achieve overall profitability, followed ...

Analysts: Vietnam needs to prepare for global minimum corporate tax

Global minimum corporate tax expected to take effect from next January.The global minimum tax rate is a key element of a program to combat tax base erosion and profit shifting, initiated by the Organization for Economic Cooperation and Development (OECD) and now embraced by more ...

Anh Tuyet

Ample room for rice exports

Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.According to Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA), Vietnam’s ...

Trung Chanh

FDI attraction amidst global minimum tax policy

Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed.It is assumed that foreign investors choose Vietnam as an FDI destination ...

Phan Dinh Manh

Concern over global minimum tax

The global minimum corporate tax policy is poised to take effect early next year, which may adversely affect Vietnam’s attraction of foreign direct investment (FDI) as the country has over the years offered tax incentives to lure investors.From a global perspective in terms of economic ...

Quoc Hung

Green economy needs no rush

For Vietnam, it is a good opportunity for domestic enterprises to become companions, to grow alongside and to develop. From a wider perspective, it should be the lifeline for the planet.The 2022 FDI report with the key topics of green growth and digital transformation released ...

Hoang Hanh, Thanh Tam

The reverse side of export growth

In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies.In the eyes of Vietnamese businesses, the signings of 15 FTAs have minimized the use of tariff barriers for free flow trade, but it has paradoxically ...

Hung Le, Ngoc Nguyen

Annual report on foreign investment for 2022 released in Vietnam

The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.The report is authored by Prof., Dr. Nguyen Mai – President of Vietnam’s Association of Foreign-Invested Enterprises (VAFIE), with reference to documents of many prestigious international organisations ...

Vietnam improving legal framework to attract green finance, green technology

Vietnam is actively implementing a roadmap for an improved legal framework for better attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.Speaking at the event, Ha emphasised that considering the green economy and green transformation ...

Viet Nam SDGs Investor Map makes debut

The UNDP in Viet Nam has launched the Viet Nam Sustainable Development Goals (SDGs) Investor Map, presenting 14 investment opportunities, all of which contribute to a more sustainable and inclusive Viet Nam.This map aims to secure the interest of international and domestic investors in sustainable ...

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