Economy and commerce

Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders. It is noteworthy that a lot of localities are ...

The application of the global minimum corporate income tax policy in Vietnam is expected to serve as a catalyst to expedite policy reforms and promote international integration efforts of the country, according to insiders.According to the Ministry of Finance, there are 1,015 foreign direct investment ...

Strong disbursement of public investment, especially from the second quarter of this year, has helped increase demands and promote growth of economic sectors, thus contributing to boosting economic growth in the second quarter and the first half of 2023, said General Director of the General ...

The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said. The reasons behind the decline include a lack of expansion of big projects, ...

From August 8, households in disadvantaged areas will be eligible for getting loans up to VND100 million each with an interest rate of 9 percent a year.Deputy Prime Minister Le Minh Khai has just signed the Decision 17/2023/QD-TTg amending and supplementing a number of articles ...

Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”.According to the Foreign Investment Agency under ...

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 ...

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 ...

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 ...

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 ...