E-commerce contributes $7 million in taxes during 2022-23

E-commerce contributes $7 million in taxes during 2022-23

A number of solutions have been implemented to enhance the tax management on e-commerce, including the
Standard Chartered revises down Vietnam’s  GDP growth forecast in 2024 to 6%

Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%

Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Investor confidence gains traction on improved business climate

Investor confidence gains traction on improved business climate

Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
Vietnam

Vietnam's exports to Canada lead among CPTPP countries

VCN - Ms. Tran Thu Quynh, Commercial Counselor, Vietnam Trade Office in Canada shared with Customs Magazine about the picture of Vietnamese goods in Canada with a lot of potential that can be further exploited, and recommendations for businesses, along wi
Many new regulations aim to drastically remove the IUU "Yellow Card"

Many new regulations aim to drastically remove the IUU "Yellow Card"

VCN - Many new regulations against illegal, unreported, unregulated (IUU) fishing have been issued to help Vietnam complete the legal framework and soon remove the IUU "Yellow Card" in 2024.
PM chairs meeting of national committee for digital transformation

PM chairs meeting of national committee for digital transformation

Prime Minister Pham Minh Chinh chaired the eighth meeting of the National Committee for Digital Transformation on April 24, which aims to assess digital transformation efforts and development of the digital economy in recent times and discuss tasks and solutions for accelerating the work in 2024.
Seize the golden opportunity as retail giants look for supplies in Vietnam

Seize the golden opportunity as retail giants look for supplies in Vietnam

VCN - Although they have huge purchasing plans in the Vietnamese market, foreign retail giants also point out many limitations that Vietnamese manufacturers and suppliers need to improve in the near future.
Government’s action programme cracks down on illegal fishing

Government’s action programme cracks down on illegal fishing

A raft of measures to deal with illegal, unreported and unregulated (IUU) fishing is included in the Government’s freshly issued action programme as the country is striving to clamp down on illegal fishing, or else it will be hit by the European Commission (EC)’s warning card.
PM calls on ASEAN to pen strategic development vision

PM calls on ASEAN to pen strategic development vision

The Association of Southeast Asian Nations (ASEAN) should have a strategic and comprehensive vision, and improve its resilience capacity to grasp opportunities and handle global headwinds for stable and sustainable development, Prime Minister Pham Minh Chinh said on April 23.
Forum to discuss new initiatives on ASEAN future vision: Deputy FM

Forum to discuss new initiatives on ASEAN future vision: Deputy FM

The ASEAN Future Forum 2024 (AFF 2024), which will take place in Hanoi on April 23, is expected to create a platform for stakeholders to contribute ideas and initiatives on the Association of Southeast Asian Nations (ASEAN)’s future vision, Vietnamese Deputy Minister of Foreign Affairs Do Hung Viet has said.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial par
Green transformation and ESG practice to participate in the global competition

Green transformation and ESG practice to participate in the global competition

Vietnam is in a transition period from encouraging to mandating green and sustainable criteria so as not to fall behind or be excluded from the green transformation trend
Factors influencing Vietnam’s FMCG market

Factors influencing Vietnam’s FMCG market

Economic outlook, demographic transformation and changing consumer trends are among macro shifts reshaping Vietnam’s fast-moving consumer goods (FMCG) landscape, according to marketing data and analytics company Kantar Worldpanel.
Shrimp exports to major markets bounce back

Shrimp exports to major markets bounce back

Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
Quang Ninh aims to become international tourism hub

Quang Ninh aims to become international tourism hub

Quang Ninh aims to become an international tourism hub and a world leading destination by 2050 through establishing the brand of Ha Long Bay - Bai Tu Long Bay as a landscape paradise and harmonising the development of economic-social-environmental ecosystems, along with raising the quality of life of local residents to meet international standards.
Measures sought to boost Vietnam - Russia digital economic cooperation

Measures sought to boost Vietnam - Russia digital economic cooperation

The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.
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Rising middle class pushes wealth management potential in Vietnam

Rising middle class pushes wealth management potential in Vietnam

The personal financial assets market in Vietnam is forecast to reach hundreds of billions of US dollars in the next few years, providing significant opportunities for wealth management services.
The carbon credit market opens up many opportunities for businesses

The carbon credit market opens up many opportunities for businesses

VCN - According to experts, the world carbon credit market has been vibrant in the past few years. Dr. Nguyen Phuong Nam, UN greenhouse gas inventory assessment expert, said that Vietnam currently has about 1,912 establishments conducting greenhouse gas e
Quang Ninh: Administrative reform, improving infrastructure, promoting import and export

Quang Ninh: Administrative reform, improving infrastructure, promoting import and export

VCN - In recent years, Quang Ninh province has promoted administrative reform activities, improved the business investment environment, and supported businesses.
National Assembly opens 7th session

National Assembly opens 7th session

The 15th National Assembly (NA) convened its 7th sitting in Hanoi on May 20 morning, with the opening session broadcast live by several national and NA television and radio channels.
The quality of economic management at the provincial level continues to improve

The quality of economic management at the provincial level continues to improve

VCN - In production and business activities, support from local authorities plays a very important role. The good news is that in a context of economic pressure, businesses have appreciated the positive efforts of provincial and city governments in improv
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