European firms" confidence in Vietnam highest since last COVID-19 outbreak

European firms" confidence in Vietnam highest since last COVID-19 outbreak

European firms' confidence in Vietnam has reached the highest level since the fourth COVID-19 outbreak in April last year, according to EuroCham's latest Business Climate Index (BCI) report.
Attracting FDI in the midst of Vietnam

Attracting FDI in the midst of Vietnam's 4th Covid-19 outbreak

VCN - The results of attracting FDI amid the 4th outbreak in Vietnam have new characteristics, with advantages and disadvantages compared to the previous one.
Vietnam’s manufacturing sees decline in output amid COVID-19 outbreak

Vietnam’s manufacturing sees decline in output amid COVID-19 outbreak

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.
Industrial property segment sees rising FDI despite new COVID-19 outbreak

Industrial property segment sees rising FDI despite new COVID-19 outbreak

Despite a new outbreak of COVID-19 in Vietnam, the industrial property segment saw positive signs with new industrial zones established and key industrial projects beginning operations, according to a report by Savills Vietnam.
HCM City urged to exert every effort to control pandemic by August

HCM City urged to exert every effort to control pandemic by August

Ho Chi Minh City should make every effort to place its current COVID-19 outbreak under control by August, requested Permanent Deputy Prime Minister Truong Hoa Binh at a July 2 meeting with the municipal steering committee for COVID-19 prevention and contr
WB warns of shrinking production amid COVID-19 outbreak

WB warns of shrinking production amid COVID-19 outbreak

Vietnam needs to pay special attention to promoting development of industrial production and retail as both sectors may continue to be affected by COVID-19 outbreaks, according to the World Bank (WB).
Enterprises and organizations donated about VND878 billion to support Covid-19 prevention and control activities

Enterprises and organizations donated about VND878 billion to support Covid-19 prevention and control activities

VCN- The current law on corporate income tax has regulations allowing enterprises and organizations to include deductible expenses when determining taxable income for a number of donations.
Lower interest rates: Help reduce pressure to repay debts

Lower interest rates: Help reduce pressure to repay debts

VCN- According to the SBV, since2016, the operating interest rates have been reduced by 2-2.5%/year, decreasing from 0.8-1.5%/year to the ceiling interest rate for terms below six months and 2.5%/year ceiling lending interest rate for priority sectors.
Despite Covid-19, many logistics enterprises overcome difficulties

Despite Covid-19, many logistics enterprises overcome difficulties

VCN - Some logistics enterprises are still operating well with high revenue thanks to mainly serving loading and unloading and transporting goods at air cargo terminals, which are less affected than transportation of passengers.
Strengthening inspection at tax offices amid complicated developments of COVID-19 outbreak

Strengthening inspection at tax offices amid complicated developments of COVID-19 outbreak

VCN- For the inspection of tax returns, according to the provisions of the Law on Tax Administration No. 38/2019/QH14, the General Department of Taxation requires the acceleration of the application of information technology in checking tax declaration.
Experts believe Vietnam gripping with fresh COVID-19 outbreak

Experts believe Vietnam gripping with fresh COVID-19 outbreak

The recent COVID-19 outbreak to hit Da Nang and Quang Nam is gradually being put under control, leading Vietnamese experts believe, although they warn of further cases of locally transmitted infections and fatalities in coming days.
Trade across Vietnam-Cambodia border remains stable amid COVID-19 outbreak

Trade across Vietnam-Cambodia border remains stable amid COVID-19 outbreak

Trade activities across the Vietnam Cambodia border have been maintained despite the halt of entry and exit of citizens and tourists as a measure to curb the spread of the acute respiratory disease caused by the coronavirus
Businesses propose incentives amid COVID-19 outbreak

Businesses propose incentives amid COVID-19 outbreak

Cutting interest rates and corporate income and added value duties and extending loan payments and tax and social insurance collections were among the proposals raised by businesses at a seminar in Ho Chi Minh City on March 17
Cabinet leader: Vietnam in golden time to combat COVID-19 outbreak

Cabinet leader: Vietnam in golden time to combat COVID-19 outbreak

Prime Minister Nguyen Xuan Phuc has called on the whole political system to work hand in hand in the fight against the epidemic, saying that this is the "golden time" to prevent the novel coronavirus (COVID-19) from further spreading
Socio-economic situation remains stable despite COVID-19 outbreak: PM

Socio-economic situation remains stable despite COVID-19 outbreak: PM

Despite difficulties resulting from the acute respiratory disease caused by the novel coronavirus SARS CoV 2 COVID 19 Vietnam socio economic situation in February basically remained stable said Prime Minister Nguyen Xuan Phuc
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