Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Korea, Vietnam Boosting Cooperation in Supply Chain and Hi-tech Investment

Korea is the largest FDI partner in Vietnam. So far, the country has invested US$80 billion in Vietnam. In the first seven months of 2022, it was the second biggest investor with nearly US$3.3 billion out of 72 countries and territories investing in Vietnam. The two countries expect to improve FDI project quality by joining IPEF (Indo-Pacific Economic Framework), and boosting cooperation in supply chain and high-tech investment. Our reporter has an interview with Mr. Kim Ki Mun, Chairman of the Korea Federation of SMEs (KBIZ), about investment ties between the two countries.

Tue, Aug 23, 2022, 15:52:00

Increase excise tax on cigarettes: Which option is the best?

The law enforcement agencies should study to develop an appropriate roadmap and level for an excise tax increase on tobacco products, and encourage improving the quality of products, avoiding creating opportunities for smuggled cigarettes, leading to tax revenue loss.

Tue, Aug 23, 2022, 15:52:00

Regulations on auto localisation ratio to be revoked

Regulations on the automobile localisation ratio will be abolished on October 10, 2022 after having been in force for almost 20 years.

Tue, Aug 23, 2022, 15:52:00

Hanoi’s real estate market sees prospects in coming times: Savills Vietnam

The real estate market in Hanoi is gradually recovering and may see a lot of development prospects in the time to come, according to analysts from property consultation company Savills Vietnam.

Tue, Aug 23, 2022, 15:52:00

Firms suggested to stay well-informed to avoid trade remedy risks

Australia is a potential export market but also poses risks of trade remedy investigations, so enterprises should stay well-informed to avoid risks, head a recent seminar held in Ho Chi Minh City.

Tue, Aug 23, 2022, 15:52:00

What impact do many foreign currencies depreciate on import and export of Vietnamese goods?

The Yen and EUR depreciate against the USD, which can cause disturbances in the world currency market and affect the import and export of goods, including Vietnam's seafood.

Tue, Aug 23, 2022, 15:52:00

Prime Minister affirms support for Vietnam-Laos judicial cooperation

Prime Minister Pham Minh Chinh has affirmed his support for cooperation between Vietnamese and Lao Ministries of Justice, saying Vietnam stands ready to further assist the neighbouring country in legal and judicial matters.

Tue, Aug 23, 2022, 15:07:00