The General Statistics Office (GSO) reported an increase of 0.25% in the Consumer Price Index (CPI) for November compared to the previous month, marking a 3.45% rise from the same period last year. The uptick in CPI is attributed to…
The real estate sector is experiencing a resurgence in mergers and acquisitions, marked by several substantial deals this year and a record-high average transaction value. Dang Van Thanh, Chairman of the conglomerate TTC Group, highlighted M&A as a primary focus…
According to data released by the General Statistics Office (GSO), Vietnam has achieved a trade surplus of $24.44 billion as of November 15 this year. The office reported that the total import-export turnover of goods reached $587.68 billion, marking a…
On Wednesday, Vietnam’s parliament made the decision to extend the ongoing reduction in the value-added tax (VAT) on goods and services until the conclusion of June 2024. The VAT reduction, lowering it from 10% to 8%, has been in effect…
Minister of Industry and Trade Nguyen Hong Dien has called on China to expedite the resumption of ornate rock lobster imports from Vietnam. He presented this request on Monday during the 12th meeting of the inter-governmental China-Vietnam Economic and Trade…
The mergers and acquisitions (M&A) market in Vietnam experienced a 23% year-on-year decline in the first 10 months, totaling US$4.4 billion. Despite the challenging global conditions, it is unlikely to match the previous year’s $6.18 billion, as stated by professional…
Prime Minister Pham Minh Chinh is advocating for the initiation of negotiations on a free trade agreement (FTA) between Vietnam and Turkey to strengthen the trade collaboration between the two nations. The Vietnam PM conveyed this proposal during a meeting…
In November, Vietnam welcomed 1.23 million foreign visitors, marking the highest monthly figure since the country reopened its borders in March of the previous year following the onset of Covid. The cumulative number of arrivals for the year has surpassed…
Vietnam’s legislature has decided to increase the effective tax rate for multinational corporations, including Samsung, to 15% starting from January, in alignment with global tax reforms. While the implementation of measures to offset the higher levy has been delayed, additional…
Vietnam’s steel production sector is initiating the transition towards greener practices and emission reduction to meet the criteria set by major markets like the EU. In 2021, Vietnam’s steel industry achieved a record high, exporting steel and iron worth $1.9…