Economic recovery and breakthrough growth from e-commerce

Thu, 26 May 2022 16:27:00

According to experts, in the near future, the growth rate of e-commerce will be one of the important driving forces for economic recovery after the pandemic. Customs News spoke with Mr. Nguyen Ngoc Dung, Chairman of the E-commerce Association (VECOM), about this issue.

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Trans-Vietnam highway project lags two years behind schedule

Thu, 26 May 2022 16:20:00

The trans-Vietnam 2,744-km-long Ho Chi Minh Highway Project was planned to open in 2020 but so far only around 86 percent of the work has been completed, Minister of Transport Nguyen Van The told National Assembly deputies on May 24.

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Gov't Extends Excise Tax Payment Deadline for Local Cars

Thu, 26 May 2022 16:20:00

The Government promulgated Decree No. 32/2022/ND-CP, dated May 21, 2022 to extend deadline for payment of excise tax on domestically produced and assembled cars.

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Pharmaceutical industry sees promising prospects

Thu, 26 May 2022 16:07:00

The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation environment.

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Vietnam’s path to emerging market status

Thu, 26 May 2022 16:07:00

For Vietnam to be upgraded to EM status by MSCI and FTSE, it must meet various criteria.

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Key southern economic region a magnet for FDI

Thu, 26 May 2022 16:07:00

With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for foreign direct investment (FDI) flows.

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UK and Vietnam hold talks to strengthen economic ties

Thu, 26 May 2022 16:07:00

The United Kingdom and Vietnam have just organised their first Joint Economic and Trade Committee (JETCO) in three years on May 25.

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Tackling slowing public investment for good of nation

Thu, 26 May 2022 16:07:00

A large proportion of public investment capital in the first four months of this year has not yet been assigned following detailed plans. The capital is aggregated from the central and local budgets and its assignment falls under the responsibility of ministries, sectors, and localities. However, the relatively slow disbursement was caused by poor forecasting and planning.

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JPMorgan Chase, N.A. Ho Chi Minh City Branch announces capital injection into Vietnam

Thu, 26 May 2022 16:07:00

JPMorgan Chase, N.A. Ho Chi Minh City Branch announced a capital injection of $123 million into its branch entity on May 26.

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Masterise Group leads programmes to support the young affected by the pandemic

Thu, 26 May 2022 16:07:00

Masterise Group continues its Build a Better Future journey through a series of programmes to support children and young people affected by the pandemic with a total value of approximately $215,000.

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A race to raise base rates

Thu, 26 May 2022 16:07:00

Major central banks are pushing on with rate hikes and, from what we’ve already been told, the likes of the Fed, BoE and ECB will be unveiling new or further hikes in coming months.

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Banks accelerate digital transformation, retail development

Thu, 26 May 2022 16:07:00

In addition to promoting investment in technology to digitize services, many banks are also trying to find their own way to create an advantage in the increasingly fierce competition of retail banking services.

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Mekong Delta eyes larger premium-quality rice areas to boost exports

Thu, 26 May 2022 16:07:00

Mekong Delta localities are enlarging areas for the cultivation of premium-quality and fragrant rice varieties highly favoured by major markets in an effort to sustainably boost exports.

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Siemens to build one of Europe’s largest shore power connections in Kiel

Thu, 26 May 2022 15:51:00

Seehafen Kiel GmbH & Co. KG has commissioned German industrial giant Siemens AG with the construction of two additional SIHARBOR shore power plants at Kiel’s Ostuferhafen, according to a fresh statement released by Siemens May 25.

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Will Vietnam become a big geopolitical beneficiary?

Thu, 26 May 2022 15:51:00

As long as China continues its current pandemic policy and disruptions such as the Ukraine conflict continues, interest in the China+1 strategy is likely to grow. Kevin Coppel, Asia-Pacific managing director, and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore, explain how Vietnam could well emerge as the greatest beneficiary.

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Danish investors pinpointing rising potential of Vietnam’s green energy

Thu, 26 May 2022 15:51:00

Danish investors are eyeing sectors in Vietnam that support a green transition. Kim Højlund Christensen, Danish Ambassador to Vietnam, told VIR’s Nguyen Thu why establishment of a legal framework that allows companies to document related data can help attract high-quality investment from abroad.

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US institutions here to help local leverage

Thu, 26 May 2022 15:51:00

A number of US-headquartered investment funds and financial institutions are displaying a growing appetite for Vietnam’s market, but regulatory bottlenecks must be expeditiously addressed to realise their ambition.

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Vietnam calls for more Greek involvement

Thu, 26 May 2022 15:51:00

An upcoming agreement on double taxation avoidance between Vietnam and Greece is expected to help the former to lure more investment from the south-eastern European country, with both sides set to increase their bilateral trade.

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