VOV.VN -With the European-Vietnam Free Trade Agreement (EVFTA) set to come into force on August 1, many of the country's key commodities such as seafood and wood products are anticipated to enjoy numerous incentives from the trade pact, according to insiders.
Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam should do to make itself more attractive to foreign investors post-COVID-19, according to investment fund VinaCapital.
VOV.VN - In line with the terms of the European Vietnam Free Trade Agreement (EVFTA), the EU will eliminate tariffs on fresh and frozen Vietnamese tuna products once the trade pact comes into effect with a tariff quota of 11,500 tonnes annually for canned tuna.
Hybrid, PHEV and EV engines help reduce harmful emissions and save fuel, but they are not favored in Vietnam because of the lack of encouragement
Tariffs on imported products including fruit and frozen foods from six member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be reduced to zero backdated to January 14 this year to 2022.
In an effort to find parking space, Hanoi is planning to ask people owning downtown properties to find space for parking lots.
Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments.
Rubber businesses should devise sustainable development strategies to maximise opportunities generated by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts said at a workshop in Ho Chi Minh City on June 14.
The National Assembly’s Standing Committee discussed a draft Law on Special Administrative Economic Units on April 16 with a focus on preferential policies to attract investment.
The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment.
To take full advantages of free trade agreements in general and the EU-Vietnam free trade agreement in particular, it’s important that Vietnam’s garment and textile products meet stiff rules of origin.
Vietnam still lacks a complete ecosystem for startups to develop successfully, analysts say.
Visiting Belarusian Deputy Prime Minister Vladimir Semashko has shared his country’s wish to expand links with Hanoi, especially in developing public transport.
Despite eligibility for tax incentives, Vietnamese small and medium enterprises (SMEs) are still exposed to higher tax rates than foreign direct investment (FDI) companies in the country.
Vietnam plans to impose a 17% corporate income tax (CIT) for four years from January 1, 2017, on businesses making less than VND20 billion (US$893,000) in revenue.
Vietnam will provide special tax incentives to enterprises in the science and technology and agriculture sectors.
Vinh Long province, located at the heart of the Mekong Delta – a farming hub of Vietnam, is calling for investment in 43 projects on agriculture and rural areas in an effort to restructure local agriculture.
Fishermen in Tam Giang fishing port, Nui Thanh district in the central province of Quang Nam presented 14 new high capacity offshore vessels on February 25.
The ministries of Agriculture and Rural Development, and Industry and Trade co-hosted a seminar in Hanoi on February 18 to discuss ways to further promote the export of farm produce to foreign markets.
Many goods imported from Laos will enjoy a reduction of 50% of tariffs between February 14, 2016, and October 3, 2020, according to the Ministry of Finance.