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Vietnam economy under Nguyen Tan Dung’s 10-year prime ministerial term
Opening the market widely to foreign investors and developing infrastructure were the two important hallmarks of the Vietnam economy in the last 10 years under the management of the government headed by Nguyen Tan Dung, who has just resigned from the post of Prime Minister.
Government, experts have mixed feelings about export of laborers
Exporting laborers must not be seen as a long term solution to the economy, experts have recommended.
Foreign investors eye Thu Thiem's prime real estate
International investment funds are preparing billions of dollars to hunt for land in Thu Thiem area in HCM City to develop long-term real estate projects.
Japan to sell more goods via convenience stores
Convenience store chains which have been expanded in Vietnam will serve as the important channel for Japanese manufacturers.
Vietnamese toy market valued at US$5 billion
With the number of children aged 0-14 accounting for 40% of the population of 90 million and improved living standards, Vietnam has seen an increase in the world’s famous brands.
US, Russia compete for investment opportunities in Vietnam
The US economic presence in Vietnam has been increasing steadily since the normalization of Vietnam-US relations since the 1990s. Russia, which was once the largest trade partner of Vietnam, has also returned.
Tentative car purchase quota scheme worries Hanoians
Hanoians’ dream of owning cheaper cars after the tax cuts under the ASEAN Free Trade Agreement (FTA) may be dashed as local authorities are considering applying a quota scheme in an effort to restrict the number of cars in circulation.
Protective import tax sends steel prices soaring
A spokesperson for Song Da No2 Joint Stock Company (SD2) called up a magazine to grumble that steel prices have skyrocketed, pushing up costs for his company by billions of dong since the prices started to rise.
Government to stop providing guarantee for loans to SOEs
The state-owned enterprises (SOEs) using foreign loans for production and business fields which bring profits will no longer get a government guarantee for loans.
5,000 tariff lines to go under Vietnam-EAEU FTA
The Ministry of Finance has completed tax tables on preferential import tariffs to prepare for Vietnam’s commitments in the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).