Business News

Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date.

The Ministry of Finance (MoF) has announced changes in the Law on Corporate Income Tax (CIT) to better regulate and monitor the level of equity and taxable income for firms operating in Việt Nam.

The Ministry of Finance (MoF) has expressed its disagreement with certain incentive mechanisms for businesses and individuals working in special economic zones in three provinces.

The forthcoming spikes in the region-based minimum wages are expected to improve workers' incomes but production costs in labor-intensive industries will certainly pick up.

The Ministry of Finance’s recent proposal for a hike of value-added tax (VAT) from 10 per cent to 12 per cent from early 2019 is stirring up public concerns. In the event that people's livelihoods and business performances are still hard, applying a higher tax rate will force them to carry a heavier burden.

Vietnam Chamber of Commerce and Industry (VCCI) in coordination with Google Corporation will hold the Roundtable discussion on “Digital economy & Policy for investment & growth”. The event aims to share the key findings of report named “Digital nations: Polices for investment and economic growth” conducted by Alpha-Beta in early 2017.

The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 per cent. However, experts have some concern that this would exert more pressure on the central bank to ensure macroeconomic stability and efficiency of credit growth.

The People’s Committee of Đồng Nai Province has suspended the licensing of construction projects in residential areas around the planned Long Thành International Airport in an effort to prevent speculation and higher land prices.