PM tells authorities to investigate tax evasion Business

PM tells authorities to investigate tax evasion

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Finance (MOF) and General Department of Taxation (GDT) to study media reports on transfer pricing of foreign direct investment (FDI) enterprises and tax policy.
Vietnam-Korea FTA gives boost to two-way trade, investment Business

Vietnam-Korea FTA gives boost to two-way trade, investment

The Vietnam-Korea Free Trade Agreement (VKFTA), which took effect on December 20, 2015, has played an important role in attracting investments from the Republic of Korea (RoK) to Vietnam and helping the Southeast Asian nation integrate deeper into the regional economy, said a local official.
Foreign goods puts pressure on domestic businesses Business

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.
Central Highlands attractive to more investors Business

Central Highlands attractive to more investors

The Central Highlands provinces, mostly Lam Dong, Dak Lak and Gia Lai, have attracted more and more investors, according to the Standing Board of the Steering Committee for the Central Highlands.
VINPA asks for petroleum protection Business

VINPA asks for petroleum protection

The Vietnam Petroleum Association (VINPA) has proposed to establish commercial barriers to protect local firms once import duties on fuel products are gradually reduced to zero percent.
Vietnam EXPO 2017 opens in Hanoi Business

Vietnam EXPO 2017 opens in Hanoi

The 27th International Trade Fair – Vietnam EXPO 2017 themed “Enhancing Regional and Global economic links” started in Hanoi on April 19.