Việt Nam vows to improve business environment

"The achievements made over the past five years as reported by Government offices and agencies do not truly reflect what has been going on at many enterprises. There are still big gaps between reports and reality. For example, Government agencies claim they have successfully streamlined many business conditions to enable enterprises to operate more easily."

Tax reform crucial for State budget sustainability

Taxes and duties are a very important source of State budget revenue and provide major finance for the Government’s socio-economic development programmes. In Việt Nam, tax revenue is starting to decline while expenditure continues to rise, threatening budget sustainability.

[Da Nang] The 8th Asia Pacific Mediation Forum Conference 2017

Farm produce needs improved quality to unlock EU market

Though Vietnam is strong in producing and exporting agricultural products, it is facing a range of challenges and barriers in Europe due to new stringent food safety regulations.

Mediation and Arbitration: The Differences

Mediation and commercial arbitration are two alternate dispute resolutions (outside courts) recognized by Vietnamese Rules. According to the law, these methods are based on the voluntariness of the agreement between each party and are enforced by number of rules such as: Resolution No.22/2017/NĐ-CP about Mediation and Commercial Arbitration Rules 2010.

Local businesses advised to capitalize on FTAs

Despite its involvement in in numerous Free Trade Agreements (FTAs) and new-generation FTAs, Vietnam has yet to take full advantage of incentivesand opportunities it receives from its participation in FTAs.

Promoting Investment among APEC Economies

“A thorough co-operation in term of economic within APEC is a good sign for development. However, this also leads to the increase of commercial disputes among corporations, businesses in the member countries. Therefore, VIAC will continue to co-operate with other arbitration centres in the region to improve and update its dispute settlement procedure to achieve efficiency and boost the economy within the region”

[Hanoi] FIDIC Asia Pacific Contract Users Conference 2017

Coming to Vietnam! The official FIDIC Asia Pacific Contract Users’ Conference

US-China trade war evolves into battle for power

Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.