
The number of pharmaceutical manufacturing facilities in Vietnam has increased from 167 in 2016 to 238 in 2023, while the domestic production value of medicines has grown from 20 percent to nearly 50 percent of the total consumer spending on medicines. These numbers reflect the significant growth of the Vietnamese pharmaceutical industry.
Mon, Jul 08, 2024, 03:04:00
Businesses in Vietnam will continue to enjoy an 8 per cent VAT rate until the year’s end following an extension to the rate cut, which will cause a decrease in state budget revenues.
Mon, Jul 08, 2024, 02:47:00
A recently issued government decree permits rooftop solar, waste-to-energy, and biomass projects to engage in direct power purchase agreements (DPPA) without routing through Vietnam Electricity (EVN).
Sat, Jul 06, 2024, 02:47:00
Companies in Vietnam must begin to report their carbon inventory and participate in carbon credit exchanges. Lam Nguyen Hoang Thao, senior associate at Russin & Vecchi, provides deep analysis of the issue.
Sat, Jul 06, 2024, 02:47:00
Phi Huong Nga, head of the Industry and Construction Statistics Department under General Statistics Office (GSO), elaborates the positive signs and hardships in the current development landscape, and the proposals to scale up support for business development.
Sat, Jul 06, 2024, 02:46:00
Fruit and vegetable exports continue to be a bright spot in the overall economic picture for the first half of 2024, with revenues approaching $3.5 billion.
Sat, Jul 06, 2024, 02:46:00

Vibrant innovative and creative activities, ranging from simple to complex, have brought breakthrough business results to many enterprises in Vietnam, Truong Minh Tien, CEO of Viet Research, spoke with VIR’s Tra My.