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CATEGORY

Vietnam Economy

News

Businesses fret over worsening hardships by year-end

Dat Thanh -
HCMC – Vietnamese enterprises are facing extreme hardships, according to a report sent to the prime minister by the National Private Economic Development Research...
News

Economic recovery program extension proposed

Dat Thanh -
HCMC – A National Assembly (NA) deputy has proposed extending the economic recovery and development program until 2024-2025. Le Quang Manh, new head of the...
News

NA Economic Committee warns of sluggish growth

Do An -
HCMC – The National Assembly (NA) Economic Committee has voiced concerns over the tough challenges which Vietnam’s economy will cope with in the months...
News

Japan to provide Vietnam with nearly US$500 million in ODA

Ngoc Nguyen -
HCMC - Japan will provide Vietnam with JPY61 billion, or nearly US$500 million, in official development assistance (ODA) to fund its projects. Prime Minister Pham...
News

Around 77,000 firms exit market in Jan-Apr

Ngoc Nguyen -
HCMC - The Government has sent a report on the nation's socio-economic performance to the National Assembly, emphasizing that around 77,000 businesses have pulled...
News

Vietnam’s digital economy may reach US$49 billion by 2025

Dat Thanh -
HCMC – Vietnam’s digital economy may take the lead in Southeast Asia with average growth of 31% a year and reach US$49 billion by...
News

Cash-strapped firms sell off assets to stay afloat

Ngoc Nguyen -
HCMC - Cash flow shortages have forced many large companies to sell their assets at half their actual value to stay afloat in tough...
News

HCMC’s CPI drops in April

Dat Thanh -
HCMC – The consumer price index (CPI) of HCMC in April dropped a slight 0.11% month-on-month, but it was still 4.23% higher than the...
News

Registered capital per enterprise in Vietnam declines in Jan-Apr

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HCMC – Though the country saw a rebound in new market entrants in April with nearly 16,000 firms, the average registered capital per enterprise...
News

Government greenlights VAT reduction to prop up economy

Ngoc Nguyen -
HCMC - The Government has approved the Ministry of Finance's proposal to revise down the value-added tax (VAT) from 10% to 8% for certain...

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