Import and export recovery in 2023 to create momentum for breakthrough in 2024
VOV.VN - Although Vietnamese import and export activities in 2023 have yet to record a strong recovery, the decline has narrowed significantly, a factor which will serve as a premise for prosperity in the year ahead.
Enormous challenges for fisheries industry as export markets shrink
VOV.VN - 2023 proved to be a difficult year for Vietnamese seafood industry due to global high inflation, the prolonged Russia-Ukraine conflict, and instability in the Middle East, according to insiders.
Domestic automobile market experiences hard year
The domestic automobile market has faced both opportunities and challenges in the year 2023. Car experts believe that 2023 is a crucial year for Vietnam to establish itself as an emerging market in the auto industry, with hopes of achieving this status in 2024.
Draft decree on investment support fund put up for public comments
The Ministry of Planning and Investment (MPI) has put up for public comments a draft decree on an investment support fund as a solution to attract strategic investment in the context that Vietnam is adopting the Organisation for Economic Cooperation and Development (OECD)’s global minimum tax.
Bac Ninh aims to integrate into regional semiconductor ecosystem
With a business-friendly approach and an open-door policy, the northern province of Bac Ninh has emerged as a key destination for major players in the electronics and semiconductor industry.
Porsche recalls EVs in Vietnam for battery check over fire risk
VOV.VN - German car manufacturer Porsche has decided to recall its electric vehicle model Porsche Taycan 4S in Vietnam for a battery check.
Largest northern port city attracts US$3.4 billion in FDI in 2023
VOV.VN - Hai Phong, the largest port city in northern Vietnam attracted US$3.4 billion in foreign investment attraction (FDI) in 2023, ranking second in the country, according to the Hai Phong municipal statistics agency.
Japan, Vietnam sign over JPY41 billion loan for HCM City metro project
VOV.VN - The Japan International Cooperation Agency (JICA) has just signed an agreement to lend more than JPY41 billion to the Vietnamese Government for the construction of Metro Line No. 1 (Ben Thanh - Suoi Tien section) in Ho Chi Minh City.
VAT to be reduced by 2% from January 1
The value-added tax (VAT) for most of goods and services will be cut by 2% from January 1, 2024.
Vietnam among countries with high economic growth rates: foreign media
2023 continues to be a tough year for the world economy as COVID-19 pandemic has still taken heavy tolls while a series of new challenges have emerged, including geopolitical conflicts, tight monetary policies in major economies and world economic slowdown.