Trade, services remain bright spot of Da Nang’s economic growth

Trade, services remain bright spot of Da Nang’s economic growth

The gross regional domestic product (GRDP) of Da Nang city in the first half of 2023 was estimated to increase by 3.74% year on year, according to the municipal Statistics Office.
Proposing not to reduce VAT for all goods and services

Proposing not to reduce VAT for all goods and services

VCN - Receiving comments from the Standing Committee of the National Assembly at the meeting on May 13, the Government has just submitted a report to the National Assembly on continuing to implement the value-added tax reduction policy (VAT) of 2% accordi
Many advantages of developing logistics services

Many advantages of developing logistics services

At the Vietnam Logistics Forum for development and transformation organized by the Vietnam Logistics Service Association (VLA) experts pointed out many inadequacies and development advantages
Prioritize investment and strongly apply digital technology in banking activities

Prioritize investment and strongly apply digital technology in banking activities

VCN - Credit institutions have actively implemented the tasks set out in Decision 810/QD-NHNN promulgating the Plan on Bank Digital Transformation to 2025, with an orientation to 2030.
VCCI: Abolishment of list of goods and services subject to conditional business in Decree 59 is appropriate

VCCI: Abolishment of list of goods and services subject to conditional business in Decree 59 is appropriate

VCN – The Vietnam Federation of Trade and Industry (VCCI) said the nature of two lists of goods and services banned from business, restricted from business or subject to conditional business under Decree 59/2006 and Investment Law 2020 is the same.
Banks expect to see drastic revenue increase in 2022

Banks expect to see drastic revenue increase in 2022

VCN - According to the Banking Industry Outlook report for the year 2022 released by SSI Research, service fees went up by 62% in the first half of 2021, then saw a slight decrease by 2% by the third quarter of 2021 due to the impact of COVID-19 in Vietn
Tax management for goods transacted via eCommerce

Tax management for goods transacted via eCommerce

VCN – The draft decree stipulates management of eCommerce goods to prevent abusing tax incentives.
Customers need more understanding about financial services

Customers need more understanding about financial services

The need to increase awareness and understanding of customers' financial services is increasing globally, and Vietnam - an emerging economy, is no exception, according to a report.
Services sector expected to expand by 7-8 percent this decade

Services sector expected to expand by 7-8 percent this decade

Vietnam’s services sector is targeting a growth rate of 7-8 percent in the 2021-2030 period, higher than the economy’s average growth rate, and eyeing to account for 50 percent of GDP by 2030.
Focus on developing logistics services in Vietnam

Focus on developing logistics services in Vietnam

VCN- Vietnam's logistics service industry has a low starting point compared to other countries in the region as well as around the world.
Logistics services to make up 5%-6% of GDP by 2025

Logistics services to make up 5%-6% of GDP by 2025

Vietnam is planning to raise the contribution of logistics services to its gross domestic product (GDP) to 5%-6% by 2025, according to a recent decision signed by the Prime Minister.
Fine logistics services facilitate Vietnam-EU trade: experts

Fine logistics services facilitate Vietnam-EU trade: experts

Optimising quality of logistics services is a requisite measures to boost Vietnam-EU trade amidst the COVID-19 pandemic, experts said at the online business matching forum held on December 9.
Enterprises in pandemic: “Form difficulty emerges wisdom” – Part 2: Find directions for new products and services

Enterprises in pandemic: “Form difficulty emerges wisdom” – Part 2: Find directions for new products and services

VCN- Phan Minh Thong, General Director of the company, stated businesses refused to process goods to focus on developing its private branded products to export and sell domestically.
Services sector to promote IT application

Services sector to promote IT application

The Prime Minister has launched an initiative to restructure the services sector using advanced technology and artificial intelligence to improve competitiveness
2018 inflation will be under pressure

2018 inflation will be under pressure

VCN - Most of the economic experts at the conference on movement of market and prices in Vietnam in 2017,
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