The tax on imported sugar, as stipulated by the ASEAN Trade in Goods Agreement (ATIGA), will be maintained at 5 per cent from the beginning of this year, instead of zero per cent as previously rumoured.
Việt Nam has set a goal of earning between US$19.5 billion and $20 billion from footwear, bags and suitcases in 2018, up 10 per cent and 12 per cent from 2017.
P2P lending is a method of debt financing that enables individuals to borrow and lend money without the use of an official financial institution as an intermediary. Peer-to-peer lending removes the middleman from the process, but it also involves more time, effort and risk than the general brick-and-mortar lending scenarios. P2P lending is also known as social lending or crowdlending.
The National Assembly (NA)’s Law Committee held a discussion on January 4, 2018 on the governance model for SEZs. There were several models proposed, but NA Vice Chairman Uong Chu Luu said, “The model could be different from current regulations, but must comply with the Constitution.”
How to develop in a rapid and sustainable way in order to escape the middle-income trap remains a major challenge facing Vietnam’s economy, said Prime Minister Nguyen Xuan Phuc, while addressing the second Vietnam Economic Forum in Hanoi, on January 11.
As Industry 4.0 exerts a sharp effect on the economic structure, development, growth rate, and the models of business and labour usage, Vietnam Economic Forum was organised today to provide specific solutions for Vietnam to seize advantages in production and improve productivity, contributing to the improvement of growth quality and economic competitiveness.
With a view to increasing Vietnam’s exports to ASEAN, the Ministry of Industry and Trade has taken a new step to help enterprises boost their shipments to regional markets.
Prime Minister Nguyễn Xuân Phúc yesterday welcomed former US Secretary of State John Kerry who is on a working visit to Việt Nam.
Deputy Prime Minister Vương Đình Huệ said that international economic integration would be the focus of economic restructuring in 2018, requiring breakthroughs in negotiation, signing of free trade deals and improving the legal framework.
Minister of Industry and Trade Trần Tuấn Anh has approved a plan to develop Việt Nam’s maritime industry and trade until 2025, with a vision until 2035.
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