The Government has decided to implement a 30% corporate income tax (CIT) cut for certain businesses for the 2020 financial year.

Dozens of French groups and major companies operating in different fields joined an online conference on September 28 that sought ways to promote French investments in Vietnam after the COVID-19.

The ratio of Vietnamese goods imported and used as input materials by foreign countries is decreasing, while the ratio of Vietnam’s import of input materials to produce goods for end-consumption is increasing.

Nearly 270 photos and documents on the life and career of President Ho Chi Minh are on display at an exhibition that opened in the Central Highlands’ province of Dak Lak on September 24.

A shortage of raw materials remained an obstacle that needed to be removed if Vietnamese textiles and garment enterprises want to seize export opportunities in the European Union (EU) under the EU-Vietnam Free Trade Agreement (EVFTA), according to experts.

VOV.VN - The opening eight months of the year witnessed the country’s export and import turnover reach over US$50 billion, whilst its trade surplus hit a record high of approximately US$13.5 billion, according to figures released by the Customs General Department.

The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP).

Experts believe Vietnam this year will reach its export target for timber and wooden products at US$12 billion, despite the impact of the COVID-19 pandemic.

Exports by Ho Chi Minh City companies in the first eight months of the year reached 28.4 billion USD, a 4 percent increase year-on-year, according to the municipal Department of Industry and Trade.

The Vietnam National Textile and Garment Group (Vinatex) aims for an annual growth rate of 8% – 10% in production value, revenue and export value in the period from now to 2025, according to the group’s chairman of the board Le Tien Truong.