The DIT has suggested that Britain should join the Trans-Pacific Partnership—but who's to say that we’d be welcome?
The Ministry of Finance (MoF) is once again looking at raising the value added tax (VAT) rate from the current 10 per cent to 11 per cent in 2019 and then 12 per cent in 2020, after it issued a proposal in August last year calling for a 12 per cent rate starting next year.
Vietnam wishes to further deepen its comprehensive partnership with the US in a pragmatic and effective manner in order to contribute to the maintenance of peace, stability, cooperation and prosperity in the region and beyond.
Vice Chairman of the National Assembly (NA) Phung Quoc Hien hosted a reception for head of the Economic, Technology and Environment Committee of the Lao National Assembly Bounpone Sisoulath in Hanoi on January 9.
Vietnam announced on Monday the creation of a cyberspace operations command to protect its sovereignty on the Internet, with prime minister citing risks related to the disputed South China Sea and complex regional and global situations.
The Vietnam Steel Association (VSA) wants the Government to take a strong stance against anti-dumping duties levied by the US on certain products, including raising a dispute with the WTO, if needed.
The sky is bright for Vietnam’s economy but the country urgently needs to work on underlying issues like low productivity and poor infrastructure.
With the heads of 10 Asean countries participating in India’s Republic Day celebrations as chief guests later this month, Commerce Ministry officials fear more political pressure from the bloc on India to remove all import tariffs as part of the Regional Comprehensive Economic Partnership (RCEP) pact being negotiated.
Britain is reportedly exploring joining the Trans Pacific-Partnership (TPP), as part of efforts to map out its trade future after Brexit.
The import tax for cars imported from ASEAN has been slashed to 0% from January 1, 2018, which is expected to raise the country’s car ownership rate which remains low compared to regional averages.
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