Vietnam mulls PPP Law with sovereign guarantees to reassure investors
Oct 26, 2019A proposed new law envisages offering sovereign guarantees to attract private investment in large transport infrastructure projects.
Việt Nam vows to improve business environment
Oct 26, 2019"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
Oct 26, 2019Taxes 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.
Farm produce needs improved quality to unlock EU market
Oct 26, 2019Though 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.
Local businesses advised to capitalize on FTAs
Oct 26, 2019Despite 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.
US-China trade war evolves into battle for power
Oct 26, 2019Last 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.
Tough odds for VN market upgrade
Oct 26, 2019Việt Nam’s securities market has a 25 per cent chance of being upgraded to the “emerging market” status from its current “frontier market” level by 2021, according to Võ Trí Thành, senior economist at the Central Institute for Economic Management (CIEM) cum VIAC arbitrator.
Forgiving tax debts must be done transparently
Oct 26, 2019A recent proposal by the Ministry of Finance to clear over VNĐ26.5 trillion (US$1.16 billion) of tax arrears, accounting for more than a third of all tax arrears and irrecoverable fines, has raised public concern about the fairness and transparency of handling tax debts.
Mine declines: Good news for sustainability
Oct 26, 2019The GSO attributed the slump to the plummet in crude oil and coal exploitation. This consequence is directly related to Việt Nam’s past development strategy, when the mining industry still occupied an important position.