Concern grows over Tet price hikes Business

Concern grows over Tet price hikes

The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tet (Lunar New Year) holidays, experts said.
Experts discuss draft decree on auto transportation business Business

Experts discuss draft decree on auto transportation business

State management bodies need to consider the market in terms of the development of new technologies and business methods, rather than using administrative procedures to intervene in the operation of auto transport businesses, said Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung.
Experts optimistic on Vietnam’s M&A scene Business

Experts optimistic on Vietnam’s M&A scene

Mergers and acquisitions have become a popular investment channel and a crucial factor in restructuring companies to improve their efficiency and competitiveness and that of the economy, a conference heard in HCM City on August 8.
Vietnam advised to make full use of sharing economy Business

Vietnam advised to make full use of sharing economy

Vietnam is in a favourable position to take advantage of development opportunities brought by the sharing economy, Chargé d’Affaires at the Australian Embassy in Vietnam Rebecca Bryant stated at a conference on this kind of economy in Hanoi on July 12.
Agricultural land use market needs updated legal framework Business

Agricultural land use market needs updated legal framework

Farming land transfer and renting activities, motivated by the transition of the agricultural economy towards larger scale modernisation, have become busy recently, initiating the development of the agricultural land use market in Vietnam. However, the Land Law 2013 has yet to catch up with the trend, leading to many difficulties in the market.
 Experts’ reactions to MoF tax plan mixed Business

Experts’ reactions to MoF tax plan mixed

Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.
Bright economy dimmed by public debt: report Business

Bright economy dimmed by public debt: report

Vietnam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR).
Foreign firms dominate VN electronics Business

Foreign firms dominate VN electronics

Though Vietnam is the world’s 12th largest exporter of electronics and the third-largest in ASEAN since 2015, up to 95 percent of the country’s electronics output comes from foreign-owned enterprises