Business News

To support businesses to recover operations soon, numerous policies related to deferring tax and land rent payments are to be put in place, while a reduction in corporate income tax is being considered.

SSI Research has cited information from VPBank’s Board of Management that the due diligence process for FE Credit sale has been conducted. FE Credit, Vietnam’s largest consumer finance firm, is in negotiation with its potential partners, though the discussion progress is somewhat interrupted due to the pandemic.

Vietnam is becoming an attractive destination for foreign investors as several of the world’s largest technology corporations plan to shift their production chains to Vietnam, leading to certain changes in the structure and productivity of the labour market.

The acute respiratory disease caused by SARS Cov-2 (COVID-19) has created changes in consumer preferences as well as business models and technology.

By industry, foreign investors invested in 17 industries. The processing and manufacturing industry drew the most FDI funding with over US$3 billion, accounting for 55.7 % of the total registered FDI funding, followed by the electricity production and distribution sector with US$1.44 billion or 26.5% of the total. Real estate and science-technology followed with nearly US$485 million and nearly US$153 million, respectively.

We are honoured to announce that Standard Chartered Bank is going to host a Market Outlook event for 2021: Vietnam The Post-Pandemic Winner event on Friday, March 19th 2021, 4:30 – 5:30PM Vietnam time.

1. Speciality automobile supply
2. Materials and electronic components supply
3. Printed circuits supply-bid extend
4. Electric equipment supply-bid cancel
5. High technical materials supply
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1. Heat displaying paint supply
2. Equipment supply and installation
3. Insulator cleaning equipment supply
4. Optical materials supply
5. Lead vapor extraction system supply
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