Car producers, importers split over special consumption tax
Vietnam's automotive manufacturers have asked for changes to the current car taxing scheme amid objections from importers.
Boosting market economic development to help Vietnam avoid middle income trap

Vietnam must develop its markets to foster greater labor productivity and avoid the middle-income trap, economists advised at a recent conference.

Vietnam offers lowest prices in Philippines rice tender
Two state-owned Vietnamese companies looked set to win deals to supply a total of 800,000 tons of rice to the Philippines, the Southeast Asian nation's biggest purchase of the grain in three years as it looks to bolster dwindling stocks.
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Vietnam posts lower-than-expected trade deficit for March
Vietnam posted a trade deficit of $196 million in March, lower than an initial government estimate of $300 million, Vietnam Customs said on Tuesday.
Vietnam commercial hub plans to triple residents income by 2025

Ho Chi Minh City announced a ten year plan, on Monday, targeting to triple its residents' average annual income while investing heavily in road projects.
Vietnam needs to pay more to incentivize biomass power
The country’s sugar plants churn out enough bagasse to produce a lot of electricity, but high capital costs and low power prices dissuade investors.
Vietnam metro finds tax evasion in Pho 24, Hoan My deals
The Ho Chi Minh City Tax Department has ordered seven individuals to pay VND182 billion (over US$8.5 million) after concluding they evaded taxes in their acquisitions of food chain Pho 24 and Hoan My Hospital.
M&A in Vietnam’s banking sector to catch fire this year
Vietnam's banking sector has seen a sharp uptick in mergers and acquisitions this year as at least three banks have announced plans to merge.


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