Global minimum tax should not impact investors’ benefits: Conference (31/03/2023)
Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.

Energy-intensive industries urged to approach decarbonisation objectives (31/03/2023)
Cement, plastic, and steel industries in Vietnam are being expected to actively participate in Vietnam’s circular economy as decarbonisation will be key to ensure their sustainable development.

EPR clarity sought to keep costs low (31/03/2023)
The business community has called for clearer criteria regarding extended producer responsibility in Vietnam that considers international standards and legal status.

Vietnam expected to export 7 million tonnes of rice this year: Ministry (30/03/2023)
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).

Vietnam runs trade surplus of 4.07 bln USD in Q1 (30/03/2023)
Vietnam ran a trade surplus of 4.07 billion USD in the first quarter this year, with 79.17 billion USD in export revenue and 75.1 billion USD in imports, down 11.9% and 14.7% annually, respectively, reported the General Statistics Office on March 29.

Vietnamese, Malaysian economies boast similarities, complementations: trade counselor (30/03/2023)
The Vietnamese and Malaysian economies are of a similar size and complement each other, Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia has said.

HCM City to host international paper, coatings, rubber, and plastic expos (30/03/2023)
Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in Ho Chi Minh City from June 14 to 16.

Don’t rely on tax incentives for FDI: analysts (30/03/2023)
Analysts say Vietnam should stop depending on tax incentives to attract FDI and instead focus on improving the business environment and quality of labor as a minimum corporate tax looms.

Action plan approved to implement foreign investment cooperation strategy (30/03/2023)
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.

Foreign SMEs pour capital into Vietnam (30/03/2023)
Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.

Vietnamese banks remain attractive to foreign investors (30/03/2023)
Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.

Fruit and vegetable exports surged by 53.1% in February (29/03/2023)
Vietnam’s export turnover of fruit and vegetable recorded a surge of 53.1% in February to US$324 million compared to the same period in the previous year, the General Department of Vietnam Customs (GDVC) releases.

Customs tightens control over re-exports (29/03/2023)
The General Department of Vietnam Customs has required that customs agencies in localities strengthen the examination and supervision over products in transit, goods temporarily imported for re-export, and commodities stored in bonded warehouses.

US extends investigation of trade remedy evasion of Vietnamese plywood (29/03/2023)
The Trade Remedies Authority of Việt Nam under the Ministry of Industry and Trade said that the US Department of Commerce (DOC) has announced the sixth extension of the deadline for issuing its final conclusion on an anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Việt Nam.

Foreign investment from Asia important to Vietnam: HSBC (29/03/2023)
Although Vietnam always eyes to attract investors from US and Europe, intra-Asian investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

New FDI approvals plunge in Q1/2023 (29/03/2023)
Although the number of new FDI projects approved in the first quarter this year grew over the same period in 2022, their capital pledges edged down.

Việt Nam’s foreign investment plunges 39 per cent in Q1 (29/03/2023)
Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted.

Sanctions hit Vietnamese exports to Russia (28/03/2023)
Vietnam’s exports to Russia fell by nearly 60% year-on-year to US$205 million in the first two months of this year.

Vietnam to reassert its position on the world coffee map (28/03/2023)
Vietnam is the world’s second largest coffee exporter, but its impact on the world coffee market is not commensurate with its position, experts say.

Market prospects and opportunities to boost exports to Israel (28/03/2023)
The signing of the Vietnam - Israel Free Trade Agreement will open up numerous opportunities for Vietnamese businesses seeking to access this potential market, according to the Vietnam Trade Office in Israel.