Tag: Ukraine conflict
Vietnam considers axing additional taxes to lower retail price of petrol
VOV.VN - The Ministry of Finance has submitted a proposal to the Prime Minister in a bid to reduce the excise tax and value added tax, in addition to the environmental protection tax, as it seeks control rising petrol prices.
Cashew industry faces huge challenges
Vietnam exported over 206,000 tonnes of cashew nuts worth US$1.19 billion in the first five months of 2022, down 7.81% in volume and 6.81% in value, the Vietnam Cashew Association (VINACAS) reported.
Garment-textile exports forecast to face challenges in second half
Vietnam’s garment-textile exports are likely to encounter a host of challenges in terms of both market and supply chain in the second half of this year despite positive results in the first half, heard a seminar in Ho Chi Minh City on June 21.
PetroVietnam surpasses oil exploitation plan by 22% in January-May
The Vietnam Oil and Gas Group (PetroVietnam) pumped 4.55 million tonnes of crude oil in the first five months of 2022, surpassing the plan by 22%, contributing to ensuring national energy security and national development.
Fishery export declines in May
Vietnam’s fishery export hit US$1 billion in May, up 27% year-on-year but down from the US$1.1 billion recorded in the previous month, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported.
Rising input costs hit Vietnamese enterprises
Vietnamese enterprises are facing rising costs in fuels and materials for production due to the ongoing Russia-Ukraine conflict, experts have said.
Vietnam attends International Conference on the Future of Asia in Tokyo
VOV.VN - A Vietnamese delegation led by Deputy Prime Minister Pham Binh Minh attended the 27th International Conference on the Future of Asia which officially opened on May 26 in Tokyo.
Vietnamese economy facing new challenges amid global uncertainties
VOV.VN - The Economic Daily of China has recently published an article stating that the Vietnamese economy is currently enjoying rapid development, although it is facing new challenges amid the constantly fluctuating international situation.
Aquatic exports likely to hit record high in second quarter
VOV.VN - With high demand from several major markets, Vietnamese aquatic exports in the second quarter of this year are projected to reach a record high of US$3 billion, according to the forecasts made by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Positive outlook ahead for Vietnamese economy this year
VOV.VN - The Vietnamese economy is anticipated to enjoy positive growth of roughly 6% this year, while inflation is forecast to be at between 4% and 4.5%, according to financial experts.
