November 2, 2023
Global Minimum Tax off the cards in Vietnam until 2025
This was reported by The Investor who referenced a speech from Vu Tuan Anh, a member of the National Assembly’s Finance and Budget Committee. The understanding appears to be, per this article, that firms do not need to pay GMT in their home countries until 2025 and therefore Vietnam still
🇻🇳 Stock market manipulation in crosshairs after high-profile arrests
The Vietnamese government intends to crackdown on traders that manipulate the stock market in the wake of a number of high profile arrests, The Investor is reporting. This has come about after it was revealed that the head of real estate firms FLC, Trinh Van Quyet, used friends and family
Vietnam digital economy to reach US$45 billion by 2025: Google, Temasek, Bain Report
The e-Conomy SEA 2023, compiled by Google,Temasek Holdings, and Bain & Company has been released here’s what it says about Vietnam’s digital economy: Vietnam’s digital economy gross merchandise value, 2021 – 2030 2021 2022 2023 2025 2030 (US$ = Billions) US$ US$ % US$ % US$ % US$ Overall digital
🇻🇳 77 percent of food and beverage businesses are worried about declining purchasing power
This is according to a Vietnam Report food and beverage industry survey published in September and reported by Vietnam Plus. The survey also found that: 84.6 percent of food and beverage businesses cited global factors as their biggest challenge; 15.4 percent of respondents think there will be more challenges ahead.;
Context: Vietnam has overtaken South Korea to become US’s 6th largest trading partner
Note however that, South Korea’s Samsung accounts for almost 20 percent of Vietnam’s exports. Furthermore, other big South Korean firms like LG and Huyndai also do a large portion of their manufacturing in Vietnam. Taking this into consideration, and maybe looking at what share of US imports from Vietnam belong
Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It