Economic development tax credits

According to Director of the provincial Department of Planning and Investment Tran Van Hung, to provide effective support for businesses Quang Ninh has fostered public administrative reform and established multiple channels for dialogue between local administrations and companies. It has also prioritised allocating funding to the development of technical and social infrastructure, Hung said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

From the perspective of an international corporation, C. K. Tong, CEO of BW Industrial Development, said Việt Nam had an advantage in growth rate compared to many countries in the region. However, the country needed to pay more attention to improving its infrastructure, and increasing connectivity such as the North-South expressway, special hubs, traffic density and developing local industrial clusters to effectively attract FDI. … [Read more...] about Việt Nam urged to improve infrastructure to attract more FDI

The representative of the MOIT’s Import-Export Department said Viet Nam has advantages in production and export of agricultural, forestry and aquatic products, while the EU has a large demand for these items that have accounted for 8.4 per cent of total annual import value. This shows great potential in export growth from Viet Nam to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

Deputy Minister of Agriculture and Rural Development Le Quoc Doanh notes that immediately after the Government issued a decree on the certification of fragrant rice varieties exported to the EU, the Ministry of Agriculture and Rural Development (MARD) also issued a decision to instruct local businesses on relevant procedures on the certification of fragrant rice varieties exported to the EU. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12