Despite slowing growth, the World Bank (WB) still expects that Vietnam's economic growth will be at around 6% in the period of 2016-2018, and will remain one of the strongest growth economies in ASEAN.
The report by World Trade Organisation indicated that Vietnam's exports soared 7.9% to US$162 billion, and its imports surged 12.3%, reaching US$166 billion last year.
Vietnam will open the door for foreign organisations to participate in its financial market in many forms.
Tourism officials have said Southeast Asian countries can attract much more tourists if they work together and ease their immigration and visa policies.
Lawmakers decided to reduce tax on vehicles with low engine displacement, while increasing tax on vehicles with high engine displacement of more than 2,500cc. Engine displacement is the volume swept by all the pistons inside the cylinders.
Agriculture is a Soft Spot” report, ANZ writes that Vietnam stays the only Asian economy bucking a informal trade recession, stability to record organisation trade expansion in a segment where postulated double-digit contractions in exports sojourn a norm.
Vietnam and the European Union (EU) wrapped up negotiations for a free trade agreement in late 2015.
The northern province of BacNinh granted investment certificates to 21 foreign direct investment (FDI) projects with total registered capital of more than 200 million USD in the first three months of this year.
For the few remaining tariffs, both parties will grant each other tariff quota or tariff reduction. This can be seen as the highest level of commitment that Vietnam has achieved in the FTA has been signed so far.
U.S. citizens will have to wait for about 1.5 months to be able to get a new, longer-duration visa, compared to the current three-month single-entry one, to enter Vietnam.
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