Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

The Government has just submitted a proposal to the National Assembly to consider and allow the continued implementation of the policy of reducing Value Added Tax (VAT) by 2% for a number of groups of goods and services that are currently subject to a VAT rate of 10% in the last 6 months of 2024 (from July 1, 2024 to December 31, 2024). According to the Government's calculations, applying the policy of reducing the VAT rate by 2% for the last 6 months of 2024 reduces revenue by about 24 trillion VND.

Tue, May 07, 2024, 03:27:00

Hanoi Apartment Prices Unlikely to Ease Soon

During the first four months of 2024, the apartment market in Hanoi witnessed a surprising surge in selling prices. This was primarily attributed to a shortage of mid-range apartments and a dramatic increase in buying demand.

Tue, May 07, 2024, 03:27:00

ESG: Mandatory Credential for Sustainable Business

Environmental, Social, and Governance (ESG) factors are increasingly becoming a non-negotiable component in the investment decision-making process.

Tue, May 07, 2024, 03:27:00

Ha Nam Ninh Customs Holds Talks with Businesses

Ha Nam Ninh Customs Department hosted a regular business dialogue with local importers and exporters. This was an opportunity for the government and relevant authorities to learn about existing hardships, thus promptly instructing, answering or proposing competent authorities to improve appropriate mechanisms and policies.

Tue, May 07, 2024, 03:27:00

PM chairs meeting on southeastern regional development

Prime Minister Pham Minh Chinh, who is also Chairman of the Coordinating Council for the Southeastern Region, chaired the council’s third conference in the southern province of Tay Ninh on May 5.

Tue, May 07, 2024, 03:27:00

Breakthroughs within reach for Haiphong’s development

This year is deemed essential for Haiphong to ramp up efforts towards successful implementation of goals set in the 16th Haiphong Party Congress Resolution for the 2020-2025 tenure.

Tue, May 07, 2024, 03:27:00

Supply chain diversification benefiting Vietnam

Amid a global diversification of supply chains in the manufacturing and processing industry potentially reshaping global trade, Vietnam is becoming a surging hub.

Tue, May 07, 2024, 03:27:00

Pandora to break ground on its $150 million factory in Binh Duong

Danish jewellery maker Pandora will break ground on its $150 million factory inthe southern province of Binh Duong on May 16, according to the Danish Embassy in Hanoi.