Vietnamplus

News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.

Vietnam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts.

A seminar was held in Hanoi on October 11 to raise public awareness of the city’s efforts to improve air quality and the community’s involvement in the process.

The World Bank (WB) has said the Malaysian government needs to diversify and increase its revenue resources, including widening coverage of the sales and services tax (SST) to rebuild fiscal buffers. ​

Vietnam Electricity's (EVN) long-term foreign-currency issuer default rating stands at 'BB' with a positive outlook, according to Fitch Ratings.

Vietnam's digital economy was valued at 9 billion in 2018 and is expected to reach 30 billion by 2025, according to Open Gov Asia.

The Indonesian Government has announced several tax incentives for oil and gas industry given the contracted exploitation in the country.

Chairman of the Hanoi People’s Committee Nguyen Duc Chung committed all possible support for Japanese enterprises via tax incentives, workforce training and housing for workers, during a reception on August 20 for chief of Japan’s Kawakami village Fujihara Tadahiko.

High-ranking officials from the central province of Quang Tri and the Lao provinces of Savannakhet and Salavan agreed to sign a cooperation agreement for the 2020 – 2022 period during their talks in Quang Tri on August 16.

A draft circular on "Made in Vietnam" products is expected to help genuine businesses avoid accusations of fraud, said a representative of the Ministry of Industry and Trade.

With the number of cars and bikes on the rise, Hanoi should accelerate planning for underground parking, experts have said.

Foreign investors have been encouraged to take advantage of the double benefits Vietnam is offering through its commitments in the many trade pacts signed with other countries.

Vietnam is an important trade partner and a strategic destination of businesses from the Republic of Korea (RoK), experts said at a workshop held in Ho Chi Minh City on July 16.

Vietnam, as the first country to sign a free trade agreement with the Eurasian Economic Union, and Russia may discuss any cooperation projects, both bilaterally and multilaterally, said an official of the United Russia Party (ER).

Concerns are growing over whether supermarket chain Big C’s temporary suspension of Vietnamese apparel purchases could spread to other products and retailers.

The ratio of cashless payments in Vietnam remains low, standing at only 11.49 percent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).

Preferential export taxes offered by CPTPP are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade.

The State Bank of Vietnam (SBV) must take action to ensure 90 percent of the Vietnamese population over the age of 15 have bank accounts by 2030.

The private sector of Thailand has called on the country’s Government to introduce economic stimulus packages to support economic growth in the remainder of 2019 amid growth slowdown, local media reported.

The Finance Ministry of Thailand will propose extra fiscal measures to boost the domestic economy that has been adversely affected by falling exports.