The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Risks in banking sector
Recruitment demand in the second quarter dropped 20 percent over the previous quarter, among both foreign and local companies. Many businesses were still being cautious as the country was in an early stage of reopening and many other countries have not shown signs of recovering from the Covid-19 pandemic yet. … [Read more...] about Firms to recruit more workers in Q3
Budget collection in 2018 exceeded the estimate, budget spending was closely managed, budget overspending and public debt sharply decreased, thus helping to consolidate the national finance and strengthen the country’s capacity in coping with impacts from outside such as the COVID-19 pandemic, he said. … [Read more...] about Finance Minister clarifies socio-economic, budget issues
As Party General Secretary and President Nguyen Phu Trong said the country has now had a higher position, a larger fortune and a bigger power than ever before. In this circumstance, all Vietnamese press and media workers are committed to serving as the “faithful recorder of the contemporary times,” truly reflecting all aspects of life, particularly the socio-economic development of the country. The press and media sector should also serve as the Party’s sharp tool in the ideological and cultural front, and a forum of the people. … [Read more...] about Vietnam’s press and media playing a key role in ideological and cultural front
The news comes after Saigon Gold, Silver and Gemstone joint stock company quoted its gold price this morning at VND49.15 million per tael for selling and VND49.53 million per tael for buying, representing increases of VND110,000 and VND140,000, respectively, in comparison with the previous day’s prices. … [Read more...] about Gold prices climb to new peak of VND49.6 million per tael