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MOF changes taxation method, raising concern about car price hike

carEight authorized car dealers in Vietnam have lodged a petition to relevant ministries complaining about the new taxation method mentioned in the draft luxury tax law which is expected to take effect on January 1, 2016.

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VN tyre market tipped to grow

autoThe tyre market in Viet Nam is forecast to touch US$2.7 billion by 2020, according to a September report by TechSci Research, a research based global management consulting firm.

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Vietnam announces official label for craft products

Vietnam-flagThe Vietnam Handicraft Exporters Association, Vietcraft, in cooperation with the Ministry of Industry and Trade, today launched the official label of Vietnamese craft products - Vietcraft Excellence.

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Vietnam expands agro-fisheries market via Singapore

seafood-6Singapore is a strategic gateway for Vietnamese agriculture and seafood exporters to make inroads into other markets, experts commented at a trade exchange programme in Singapore on November 21.

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SE Asian countries pour $56bn foreign direct investment into Vietnam over 3 decades

FDIThe remaining nine countries of the Association of Southeast Asian Nations (ASEAN) have invested over US$56 billion in Vietnam, making up 21 percent of the total foreign direct investment (FDI) channeled into the nation

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Taiwan shoemaker expanding in Vietnam ahead of TPP

footwearPou Chen Corp, the world's largest contract shoemaker, has become the latest Taiwanese manufacturer to shift its focus to Vietnam in anticipation of favorable tariffs brought by a Pacific Rim trade deal.

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Steel industry might grow 12 percent in next 2 years

steel-1The steel industry will grow 12 percent in the next two year under the impact of the Trans-Pacific Partnership (TPP).

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Any Fed rate move won't change Vietnam's forex stance: cbank

capitalAny possible interest rate hike by the U.S. Federal Reserve by year-end won't prompt Vietnam's central bank to alter its foreign exchange rate policy, the State Bank of Vietnam (SBV) said on Sunday.

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Vietnam still attracts investors

Bac GiangIn a talk with Vietnam Economic News’ Nguyen Huong, SMC Pneumatics Vietnam General Director Gerald Ho said Vietnam would remain an attractive destination for investors in the next five years, especially when the ASEAN Economic Community (AEC) is established.

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Vietnam’s apparel provides a fourth of RoK market

15-det-mayVietnam is the second largest textile and garment exporter to the Republic of Korea (RoK), making up one-fourth of the RoK's apparel market, after China.

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