MoF seeks feedback on VAT cut plan to boost economy

MoF seeks feedback on VAT cut plan to boost economy

The proposal suggests extending the 2% VAT reduction from July 1, 2025, until the end of 2026 for goods and services currently taxed at 10%, lowering them to 8%.
PM urges acceleration of public capital allocation, disbursement

PM urges acceleration of public capital allocation, disbursement

Prime Minister Pham Minh Chinh signed an official dispatch on February 18, requesting ministries, sectors, and localities to speed up the allocation and disbursement of the public investment in 2025.
Flexible tax policy to propel Vietnam’s economic growth in 2025

Flexible tax policy to propel Vietnam’s economic growth in 2025

In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced various tax relief programmes for 2025, with reductions and deferral measures aimed at stimulating economic growth.
2024’s rosy socio-economic results serve as foundation to accelerate 2025 growth

2024’s rosy socio-economic results serve as foundation to accelerate 2025 growth

The positive socio-economic results of 2024 lay a crucial foundation for Vietnam to enter 2025, when the economy is expected to accelerate and achieve the highest goals outlined in the 5-year socio-economic development plan for the 2021-2025 period, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.

Business recovery, economic growth

Vietnam’s economy has recovered and grown strongly in 2024, gradually regaining the growth momentum seen before the COVID-19 pandemic, with many positive signs, especially in exports and foreign direct investment (FDI) attraction, according to statistics from the Vietnam Chamber of Commerce and Industry (VCCI).

Ten-month results fuel confidence in surpassing growth target

Given the 10-month performance, authorities believed Vietnam's economic growth is likely to surpass this year’s target, and more efforts are being taken to tackle bottlenecks to growth.

Government eyes 7% GDP growth in 2024

The Government is striving to register an economic growth rate of 7% for the whole year, higher than the National Assembly (NA)’s target of 6 - 6.5%.

Mekong Delta likely to benefit from regional linkages in trade promotion

To enable the Mekong Delta to fully tap its potential, it is necessary to promote regional linkages in trade promotion and export-import activities, which would help consolidate and optimise local resources for sustainable development, according to Deputy Minister of Industry and Trade Phan Thi Thang.

Vietnam's green logistics industry becomes attracttive to investors: Insiders

Vietnam's logistics industry is witnessing significant changes and has become an attractive destination for businesses and investors, insiders said at a series of seminars held within the on-going Vietnam International Logistics Exhibition (VILOG) 2024 in Ho Chi Minh City.

Vietnam's H1 economic growth quite impressive: ADB Country Director

Country Director of the Asian Development Bank (ADB) for Vietnam Shantanu Chakraborty has expressed his impression of the Southeast Asian nation’s economic growth of 6.4% in the first half of this year.
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