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Day: September 10, 2024

Capital Gains Tax in Vietnam 2024

the-shiv September 10, 2024

Capital gains tax in Vietnam–more commonly referred to by its acronym CGT–is a tax on profits earned from the sale or transfer of assets, such as securities, real estate, or capital in a business. The tax applies to both individuals and corporations, but the rates and methods of calculation vary depending on the type of asset and the entity involved. Here are the key details.

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Another European renewables firm planning to exit Vietnam: Reuters

the-shiv September 10, 2024

Italy’s Enel, a producer of renewable energy, is looking to exit the Vientam market, Reuters has reported. This comes just weeks after it was reported that Norwegian energy firm, Equinor, would be closing its office in Hanoi.  Though both firms have suggested their exit is related to broader restructuring of

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Can Vietnam Ever Quit Coal?

Mark Barnes September 10, 2024

At the Conference of Parties in Glasgow in 2021, Vietnam committed to reducing its carbon emissions to net-zero by 2050 a big part of which was reducing the burgeoning Southeast Asian nation’s dependence on coal. Three years on, however, and Vietnam’s de-coalification appears to have stalled with coal power and coal imports both on the rise. So what’s changed? Why has it changed? And what might happen next?

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PetroVietnam Fertilizer and Chemicals Corporation: Vietnam Stock Overview

Huong Nguyen September 10, 2024

It’s notable that domestic urea production capacity currently exceeds actual demand. While the annual domestic demand for urea is estimated to be between 1.6 and 1.8 million tons, domestic urea production capacity is approximately 3 million tons. To tackle this issue, large fertiliser companies like DPM are concentrating on growing their market share in NPK, a type of fertiliser that includes nitrogen, phosphorus, and potassium…

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