It is expected that from 2024, some countries will apply the global minimum tax rate, including Vietnam. According to Nguyen Van Toan, Vice Chairman of the Association of Foreign Investment Enterprises (VAFIE), without reasonable and timely reforms on investment incentive policies to adapt to the global minimum tax, Vietnam could be “left behind” in attracting foreign investment.
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Along with China's reopening, seafood exports to China are expected to make a breakthrough. However, there are still barriers that exporters must overcome.
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Vietnam's monetary policy is a multi-objective in coordination with fiscal policy. However, the "reversal" of monetary policy in the first months of the year showed flexibility, aiming to effectively control inflation and support the economy.
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The density of Ho Chi Minh City (HCMC) in the national industrial structure is gradually decreasing, demanding supportive policies to foster innovation and enhance value in industrial production.
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The prospect of Vietnam's exports to the Canadian market may be affected by many objective and subjective difficulties.
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Despite impacts caused by the COVID-19 pandemic, foreign direct investment (FDI) is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world.
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In the poor picture of agricultural, forestry and fishery exports in the first quarter of 2023, some items are still emerging as "hopeful stars" of the agricultural industry. Experts also expect that in the second half of 2023, some commodities such as rice, vegetables and seafood will receive more positive signs when the economy is improved and tourism increases causing consumption demand to increase again.
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Fraud in international trade is putting businesses at many risks.
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Vietnam needs to take more drastic and breakthrough steps to bring the green economy from 6.7 billion USD in 2020 to 300 billion USD, contributing annually to the total national GDP by 2020. 2050. It is necessary to focus on the essential industries and fields to help Vietnam activate its natural advantages and become a developed country in all three factors of environment, economy and society by 2045.
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Vietnam is not under much pressure on the level of market opening when implementing the ASEAN Regional Comprehensive Economic Partnership (RCEP), the implementation of commitments under the RCEP framework basically does not create pressure on Vietnam's import tax reduction.
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