NA discusses amended draft laws on medical check-up and treatment, cinematography Politics

NA discusses amended draft laws on medical check-up and treatment, cinematography

Continuing the working agenda of the 15th National Assembly (NA)’s third session, deputies on May 25 morning discussed in groups the supplementary assessment of the implementation of the socio-economic development plans and the state budget in 2021 and in the first months of 2022, the 2020 State budget balance, and the practice of thrift and wastefulness prevention in 2021.
NA Standing Committee’s 11th session wraps up Politics

NA Standing Committee’s 11th session wraps up

The National Assembly (NA) Standing Committee’s 11th session closed on May 13 after three days of sitting, scrutinising socio-economic reports, allocation of State budget in 2021 - 2025, and investment plans for highway construction projects.
Vietnam striving for higher sovereign credit ratings by 2030 Business

Vietnam striving for higher sovereign credit ratings by 2030

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.
PVEP exceeds numerous set targets in Q1 Business

PVEP exceeds numerous set targets in Q1

The PetroVietnam Exploration Production Corporation (PVEP) has fulfilled its yearly profit target for 2022 by the end of the first quarter of the year, earning an estimated 5,892 billion VND (nearly 258 million USD) in pre-tax profit, up 117 percent year-on-year and surpassing the yearly plan by 2 percent.
VAT reduction: impacts and problems in implementation Business

VAT reduction: impacts and problems in implementation

Vietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8 percent earlier this month – a move that cost the State budget 49.4 trillion VND (2.2 billion USD) but, along with other support, is expected to help boost the pandemic-hit economy.