US companies planning to expand investment in Vietnam Business

US companies planning to expand investment in Vietnam

An online discussion took place recently in Washington D.C. to look into post-COVID-19 investment opportunities throughout ASEAN, with some companies saying they will soon announce investment and business expansion plans in Vietnam.
Vietnam promising market for US investors Business

Vietnam promising market for US investors

Country General Manager of IBM Vietnam Tan Jee Toon still remembers the first time he set foot on Vietnam seven years ago for his challenging tenure (2013-2015). It was in the final stage of the global financial crisis and at that time Vietnam’s macro-economy dropped to the lowest level.
PM lauds media for contributions to COVID-19 fight Politics

PM lauds media for contributions to COVID-19 fight

Prime Minister Nguyen Xuan Phuc has lauded the media for its important contributions to the fight against the COVID-19 pandemic, saying that it has produced practical works to mark the 95th anniversary of the Vietnam Revolutionary Press Day.
Ca Mau forecasts growth of 5.28 percent this year Business

Ca Mau forecasts growth of 5.28 percent this year

The COVID-19 outbreak and the severe drought will make it difficult for the southernmost province of Ca Mau to achieve this year’s growth target of 7 percent but a figure of 5.28 percent is certainly achievable, local authorities have said.
Four-month State budget revenue drops as Gov’t offers tax relief Business

Four-month State budget revenue drops as Gov’t offers tax relief

The State budget revenue in January – April was estimated to total 491.38 trillion VND (21.05 billion USD), representing a drop of 5.9 percent against the same period last year, as the Government offered tax relief to support those affected by the COVID-19 pandemic, according to the Ministry of Finance.
Vietnam should prepare to welcome investment wave: official Business

Vietnam should prepare to welcome investment wave: official

Transnational businesses are considering shifting their facilities, which is a challenge but also a good opportunity for Vietnam, and the country should prepare to welcome a wave of investment, Minister – Chairman of the Government Office Mai Tien Dung said on May 5.
Free trade agreements increase tax collection Business

Free trade agreements increase tax collection

The signing and implementation of free trade agreements has increased Vietnam's tax collection this year, said Luu Manh Tuong, director of Import-Export Tax Department under Vietnam Customs.
Ba Ria-Vung Tau selective about investments, prioritises high-tech Business

Ba Ria-Vung Tau selective about investments, prioritises high-tech

Ba Ria-Vung Tau province, one of eight provinces and cities in the Southern Key Economic Zone, has for many years been an ideal destination for foreign investors thanks to its natural advantages and comprehensively developed infrastructure in addition to attractive incentives.