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Good e-commerce tax management brings considerable revenue to budget

E-commerce has greatly boosted consumption in Vietnam lately, and the wise management of tax in this sector can bring back a large amount of budget revenue and ensure a healthy business environment for economic growth.

Money recovered from Van Thinh Phat bond fraud to be returned to rightful owners

The police are scouring the country for over 42,000 victims of a massive bond fraud thought to involve VNĐ30 trillion (US$1.24 billion) by property developer Vạn Thịnh Phát.

Experts foresee VN-Index breaking 1,130 point barrier in 2024

Vietcap Securities Joint Stock Company (Vietcap) predicted a potential weakening in the upward momentum of the VN30 basket, which could result in downward adjustments for large capitalisation groups leading the VN-Index.

Life insurance firms misleading clients set for big fines

Life insurance companies could be fined up to VNĐ100 million for providing "incorrect advice intentionally" under a decree proposed by the Ministry of Finance.

Vietnam’s 2023 public debt at 37% of GDP

Vietnam’s public debt in 2023 amounted to VND3.8 quadrillion, equivalent to 37% of gross domestic product (GDP), according to the Ministry of Finance.

Vietnam's fruit, vegetable exports see green shoots

Vietnam’s fruit and vegetable exports surged to a record high in 2023, yet insiders said it is just a start as ample room remains for the sector.

Vietnam's property market hopes for brighter outlook in 2024

A brighter outlook is predicted for the property market in 2024 compared to last year thanks to favourable regulations and interest rates.

New legal framework for innovation startup

The development of the innovation startup ecosystem aims to foster a conducive environment for businesses to emerge and thrive, thereby creating exceptional value.

VN has great potential as emerging link in global supply chain

Amazon’s Vice President Eric Broussard said global retail e-commerce has opened up many opportunities and created a new movement for sellers from many countries, including Vietnam.

Domestic automobile market experiences hard year

The domestic automobile market has faced both opportunities and challenges in the year 2023.

PM engages in dialogue with farmers nationwide

Prime Minister Pham Minh Chinh on December 30 chaired his annual dialogue with farmers nationwide, with its theme highlighting farmers’ central role in the development of agriculture, rural economy, and green, sustainable new-style rural areas.

Banks adjust SMS banking fees, encourage switch to apps for notifications

Some banks have announced adjustments to SMS banking fees starting from the beginning of 2024 and encouraged customers to switch to digital banking apps to get notifications for free.

Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide

The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.

Bad debts: bitter pill for commercial banks in Xuyen Viet Oil scandal

In addition to a tax debt of VND1.5 trillion, Xuyen Viet Oil still owes VND5.5 trillion to four banks.

Vietnam remains destination for foreign investment next year

Despite failing to achieve the growth target, Vietnam is still considered a country with high growth in the region and remains to be regarded as a destination for 2024 by international investors.

People with idle money advised to buy land as real estate market is gloomy

Analysts believe that now is the time to inject money into land as the real estate market is lackluster.

Vietnam among countries with high economic growth rates: foreign media

According to experts and international media, Vietnam's economy has shown resilience, stability, and readiness to overcome difficulties to become one of the economies with positive growth rates in the world.

VAT to be reduced by 2% from January 1

The value-added tax (VAT) for most of goods and services will be cut by 2% from January 1, 2024.

Agro-forestry-fishery sector posts trade surplus of over 12 bln USD in 2023

Vietnam’s agro-forestry-aquatic exports enjoyed a record trade surplus of 12.07 billion USD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's total trade surplus, heard a press conference in Hanoi on December 29.

Vietnam's import-export turnover falls short of 700-billion-USD mark

Vietnam's good imports and exports in 2023 have fallen short of the 700-billion-USD mark achieved in the previous year, estimating at 683 billion USD, down 6.6% year on year.