TAX AUTHORITIES TO CUT AT LEAST 20 PER CENT OF COMPLIANCE COSTS RELATED TO BUSINESS ACTIVITIES
The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
DRAFT ON NEW GREEN POWER PRICING STRUCTURE EXPECTED IN NOVEMBER
The Ministry of Industry and Trade (MoIT) is currently gathering data for a draft, expected in November, on the best approach to building a new pricing structure for solar and wind power. According to the draft, the solar power price will be determined based on the intensity of sunlight in each region, with the northern price bracket remaining higher to stimulate investment.
[VBF HYBRID EVENT] INVITATION TO THE VIETNAM ECONOMIC OUTLOOK H2/2023 ON FRI, SEP 8, 2023
VBF, with support of BritCham, is pleased to organize the Economic Outlook H2/2023 Workshop aiming to share experts' perspectives on Vietnam's economic prospects in the second half of the year on Friday, September 8, 2023.
MORE ROOM FOR IT STOCKS TO GROW FURTHER
In the first half of the year, the revenue of digital technology enterprises was more than VNĐ1.44 quadrillion (US$59.6 billion), down 10.35 per cent year-on-year and reached 38.87 per cent of the 2023 plan, according to a report by the Ministry of Information and Communications.
CPI INCREASES 0.88 PER CENT IN AUGUST
Việt Nam's consumer price index (CPI) this month increased 0.88 per cent month-on-month, fueled by higher prices of petroleum, rice and housing, the General Statistics Office (GSO) announced on Tuesday.
FDI INFLOWS GROW 8.2% IN JANUARY-AUGUST PERIOD
Foreign direct investment (FDI) inflows to Viet Nam grew 8.2 percent year-on-year to nearly US$18.15 billion in the first eight months this year, official statistic data shows.
HANOI’S INDUSTRY AND TRADE SEEING ROBUST DEVELOPMENT
Fifteen years after it expanded its administrative boundaries, Vietnam’s capital Hanoi has enjoyed rosy development in various fields, including industry and trade.
HANOI TOPS COUNTRY IN FDI ATTRACTION IN FIRST EIGHT MONTHS
Hanoi got over 2.34 billion USD of foreign direct investment (FDI) in the first eight months of this year, topping the whole country in FDI attraction during the period. The figure is up 2.89 times against last year. Hai Phong came second with over 2.08 billion USD, increasing by 72.2 per cent, followed by Ho Chi Minh City, Bac Giang, and Binh Duong.
