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Vietnam and the Middle Income Trap: Unpacked
Vietnam’s 8 Percent GDP Growth Target: Unpacked
Buy More, Sell Less: Tackling Vietnam’s Trade Surplus with the US
Is Vietnam the Next Asian Tiger Economy?
What Recent Traffic Reforms Say About Doing Business in Vietnam
Building An International Financial Centre in Vietnam: Unpacked
Vietnam’s Economy in 2024: A Brief Recap
What to Watch Now Google Has An Office in Vietnam
Does Vietnam Have a Private Consumption Problem Too?
The 8th Session of Vietnam’s National Assembly: Key Takeaways
Rethinking Financing Vietnam’s Clean Energy Transition
Vietnam’s New Social Media ID Regulations: Unpacked
How Well Prepared Is Vietnam for a Trump Presidency?
Temu in Vietnam: What’s Fair in Free Trade?
Media Relations in Vietnam: Lessons from VinFast
It’s Time to Talk About Vietnam’s Credit Growth Policy…
Vietnam’s Economy in Q3 Beyond GDP Growth: Unpacked
Paying For Vietnam’s High-Speed Rail: Unpacked
Day: June 18, 2024
Due date for made in Vietnam car excise tax payments pushed back to November
Special Consumption Tax is paid by the consumer at the point of purchase of the vehicle to the dealership who then holds on to those funds to pass on to the Tax Department when they fall due. By delaying these payments, this policy acts like a short term loan to these operations. This has been a popular means of supporting local enterprises over the past few years as the car market has struggled through a broader economic downturn…
Vietnam suspends priority customs treatment for Panasonic
Article 45 allows firms approved to receive priority customs treatment to submit incomplete documents when exporting or importing goods. These firms, however, must submit completed documentation within the following 30 days…
Quorum failure adds to woes of Vietnam securities firm hacked back in March
It’s not clear why it failed to make quorum nor when another annual general meeting might be scheduled. That said, it’s also not clear that this is necessarily a big problem, however, it does speak to a bad run for VNDirect which was shut down for a week by hackers back in March. This has seen its share price on a steady decline since falling from VND 21,278 on March 21 to just VND 17,500 as of today–a decline of just shy of 22 percent.
Vietnam banks sell gold online to relieve pressure on site, demand surges
This move, however, may have inadvertently facilitated a spike in demand giving people who don’t have the time to wait in queues at banks a more efficient means to buy the relatively cheap gold on offer. Of note, Agribank reported that at one point there were 50,000 attempts to register to buy gold at one time through its online portal…
Korean Soju to be made in Vietnam from 2026
HiteJinro Group will join a slew of other well-known beverage makers with factories in Vietnam including Heineken, Coca-Cola, and Pepsi. These firms stand to benefit from not only a rapidly growing consumer market in Vietnam but also a number of benefits that come with manufacturing in Vietnam including low-cost labour and tax incentives…
Marine spatial plan to be presented to Vietnam National Assembly this week
The marine spatial plan is set to be the cornerstone for the development of Vietnam’s coastline. It has, however, been a long time coming. Work began on the marine spatial plan in 2018 but is still ongoing with a broad range of stakeholders from a diverse range of industries–defence, oil and gas, fisheries, and tourism to name but a few. Not to mention the geopolitical implications related to carving out a swathe of the South China Sea or East Sea as it is known in Vietnam. With this in mind, it may be a while longer too…