Indonesia announces 8.1 bln USD stimulus package to fight COVID-19 World

Indonesia announces 8.1 bln USD stimulus package to fight COVID-19

The Indonesian government announced on March 13 that it will allocate 120 trillion rupiah (8.1 billion USD) from the state budget to stimulate the economy by providing tax incentives and subsidies for workers, businesses and families affected by the COVID-19 outbreak.
Tan Thanh border gate in Lang Son resumes operation Business

Tan Thanh border gate in Lang Son resumes operation

Dozens of trucks carrying exports to China, mainly dragon fruit, watermelon and mango, went through customs clearance as Tan Thanh border gate in the northern province of Lang Son resumed operation on February 20.
Vietnam takes measures to prevent trade frauds Business

Vietnam takes measures to prevent trade frauds

Vietnam resolutely prevents and strictly handles trade and origin frauds in the domestic market as well as export-import activities in a bid to protect legitimate interests of local businesses and consumers, Foreign Ministry spokesperson Le Thi Thu Hang said on August 8.
National one-stop shop mechanism’s operation in 2018 reviewed Business

National one-stop shop mechanism’s operation in 2018 reviewed

Deputy Prime Minister Vuong Dinh Hue, who is also Chairman of the National Steering Committee on the National One-Stop Shop (OSS) Mechanism, the ASEAN One-Stop Shop Mechanism and Trade Facilitation (Committee 189), chaired a conference in Hanoi on February 19 to review the implementation of the tasks by the committee in 2018 and discuss its operation orientations for 2019.
State budget collection up 14.3 percent in H1 Business

State budget collection up 14.3 percent in H1

The total state budget revenue reached 651.7 trillion VND (28.7 billion USD) in the first half of this year, equivalent to 49.4 percent of the estimate and up 14.3 percent year-on-year, Deputy Minister of Finance Huynh Quang Hai reported at a meeting in Hanoi on July 18.