Investing

According to Mousavi, because of the sanctions most of Iran’s exports to Vietnam are being done through Turkey and Oman, while Vietnamese goods are imported through the UAE, which has led to not being mentioned in the official statistics of the two countries.   … [Read more...] about Iran plans to promote investments in Vietnam

Besides, the Vietnamese large market with 95 million consumers and increasingly high number of middle-income earners proves to be attractive to investors. M&A is the fastest way for them to penetrate the Vietnamese market. Buying into Vietnamese enterprises will help foreign investors save time and investment cost. … [Read more...] about HCM City: many businesses fall into foreign hands

Quang Ngai (VNA) - Pham Van Mang, Chairman of Ba Trang commune People’s Committee in the central province of Quang Ngai, remembers the radiant faces and smiles of local people when a new bridge spanning the Tha Stream was opened thanks to the Central Highlands Poverty Reduction Project. The bridge benefits more than 500 households of the commune, contributing to the development of the local economy and infrastructure. More importantly, it saves many lives when the flood season comes. “Before, students walked through the stream to get to school, and it was difficult for people to transport goods. It was very dangerous when the flood season arrived,” said Mang. “Now safety is guaranteed and people are so happy and thankful because they are connected with other communes and transport is more convenient.” It’s a result of the Central Highlands Poverty Reduction (CHPR) Project launched by the Ministry … [Read more...] about Project enriches life in Central Highlands

The country was not well placed in terms of technology infrastructure, standing at 93rd globally. Its business and government investment was also the weakest among seven criteria used in determining the economy’s digital readiness, standing at 127th. … [Read more...] about Vietnam well poised to become digital economy: report

The Vietnam Automated Cargo and Port Consolidated System/Vietnam Customs Intelligence Information System (VNACCS/VCIS) has been deployed at all units under the General Department of Vietnam Customs, helping improve the efficiency of customs clearance activities in detecting and fighting against trade fraud and illegal trade. Customs and tax agencies are operating the single-window mechanism and providing favorable conditions for taxpayers and customs declarants. … [Read more...] about Customs and tax authorities try to make life easier for enterprises