Trade between Việt Nam and Malaysia has increased dramatically in recent years but they still have great untapped potential, a seminar heard in HCM City on Wednesday (May 22).
As the digital economy develops rapidly, e-commerce tax management has faced many problems, requiring Vietnam’s tax agencies to adapt to prevent state budget revenue losses.
With many advantages in labor and infrastructure, as well as making good use of trade agreements, Vietnam is considered an important production base in the global supply chain.
The Ministry of Finance has completed and submitted to the Government a draft of the Special Export Tariff and Preferential Tariff Schedule to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Regional co-operation will be essential in preserving the marine environment and ensuring sustainable fisheries management and food security in the ASEAN region, speakers said yesterday at an international workshop held in the central province of Khánh Hòa.
The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.
Increased trade promotions and geographic proximity are among the factors that could help expedite exports to Thailand.
There remains considerable room for Vietnamese exports to Thailand, regardless of fierce competition from similar products in the Thai market.
Up to now, 131 of 143 surveyed countries and territories have claimed to allow the application of National Accounting Standards or International Financial Reporting Standards (IFRS) in different forms. Vietnam is one of the few countries that has not yet applied IFRS for the preparation and presentation of financial statements. In response to the requirement of national governance reform, management innovation for the national financial sector as well as public finance, the application of IFRS is becoming an urgent issue.
Vietnam wants to promote comprehensive relations with Bhutan, Prime Minister Nguyen Xuan Phuc said at a reception for visiting Chairman of the National Council (Upper House) of Bhutan Tashi Dorji in Hanoi on May 13.
Free trade agreements (FTAs) are when two or more countries agree on the terms of trade between them. They determine the value of tariffs and duties that countries impose on imports and exports. In 2007, with Vietnam’s ascension into the World Trade Organization (WTO) – it took a significant step integrating with world trade and subsequently entering into several free trade agreements.
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