The Ministry of Finance has asked the Government to amend its laws to eliminate the special consumption tax on locally manufactured auto parts and components, a move which could reduce prices of locally assembled cars.
North Korea need not look far for lessons on how to modernize its dilapidated economy. Neighbors China and South Korea have both transformed from agrarian backwaters into global manufacturing powerhouses in the space of several decades.
Hà Nội will host a conference to promote investment and tourism co-operation between Hà Nội and Japan on March 29, according to the city’s People’s Committee.
The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.
The 6th session of the XIV National Assembly adopted a Resolution on the socio-economic development plan for 2019, which set out the GDP growth target at 6.6-6.8% and Consumer price growth rate (CPI) at about 4%.
The overall objective of the 2019 plan is to continue to stabilize the macro economy, control inflation, and improve productivity, quality, efficiency, autonomy and competitiveness of the economy.
Being hot from the National Assembly, interdisciplinary meetings, directing documents and instructions of the Prime Minister to reality at some seaports, the amount of waste and garbage "hiding" is sharply increasing. In this cycle, the Customs authorities have proposed the leaders as well as the related state management agencies on the situation and solutions, and have directed the industry to strengthen management measures
Capital reform is a difficult job and requires great determination. For the Ministry of Finance - a multi-disciplinary manager, this is much more difficult.
New generation Free Trade Agreements (FTAs) such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), or the EU-Vietnam FTA (EVFTA) are expected to bring new opportunities for Vietnamese goods, including agricultural products.
The Vietnam International Trade Fair (Vietnam Expo 2019) is to take place in Hanoi from April 10-13, drawing a large number of exhibitors from 20 countries and territories.
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