Vietnam to tap global minimum tax revenues for fund to support priority sector investors
The Ministry of Planning and Investment is gathering comments on a draft decree to establish a fund that will use part of Global Minimum Tax (GMT) revenues to support investors in priority sectors.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam SME resilience critically low: ministry
The reliance of Vietnamese small-and-medium-sized enterprises (SMEs) has tanked in the face of prolonged economic headwinds at home and overseas, Vietnam’s Ministry of Planning and Investment (MPI) said Saturday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
91% of German firms plan Vietnam expansion
Up to 91% of German companies in Vietnam intend to expand their investments while 57% are seeking new and additional suppliers here as they diversify their supply chains, said Marko Walde, chief representative of AHK (the German Chamber of Commerce) in Vietnam, Myanmar, Cambodia, and Laos.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Pfizer putting even more breakthroughs in Vietnamese patients’ hands
Pfizer is pursuing what the U.S. drugs giant believes to be the most innovative biopharmaceutical therapies with a purpose of making breakthroughs that change patients’ lives, Pfizer Vietnam general director Darrell Oh tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Treasury Secretary Yellen backs Vietnam development
The U.S. Department of the Treasury (USDT) is supportive of Vietnam’s growth and economic transformation, which are good for both the Vietnamese and the American people, USDT Secretary Janet Yellen said Thursday.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Singapore bank UOB launches FinLab in Vietnam to aid SMEs
UOB FinLab, an innovation accelerator powered by Singaporean bank UOB, was rolled out in Vietnam on Tuesday to help empower domestic small- and medium-sized enterprises to harness digital technologies for business growth.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's central bank asked to further cut interest rates
Deputy Prime Minister Le Minh Khai has requested the central bank to continue cutting interest rates to support growth in the country's slowing economy.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam now largest investment destination for Japanese giant Aeon
Vietnam has become Aeon's largest foreign investment market, and Japan’s largest retailer plans to continue its expansion in the country, Aeon Group executive chairman Akio Yoshida said on Saturday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s growth support policy helps counter global headwinds: ADB
The Vietnamese economy is expected to grow moderately at 6.5% this year despite global headwinds and further expand at 6.8% in 2024, the highest in Southeast Asia in both years, according to an Asian Development Bank (ADB) report released on Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vientam calls for leg-up from US firms to climb global supply chain
Prime Minister Pham Minh Chinh called on U.S. firms to support Vietnamese companies in climbing global value chains while meeting with a U.S. business mission involving 52 corporations in Hanoi on Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong to support major investor Lego in project-related problems
Officials in Vietnam’s Binh Duong province, where Lego is building its first carbon-neutral factory with more than $1 billion in investment, have promised to help the Danish toymaker remove land-related obstacles and other issues for the project.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam asks for Japan’s support on express railway development
Prime Minister Pham Minh Chinh has for the second time asked the Japanese government to help Vietnam develop its north-south express railway.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
VAFIE commits to stronger support for business community
Vietnam’s Association of Foreign-Invested Enterprises, or VAFIE, will continue its contributions to the improvement of institutions, policies and laws, and propose solutions to support businesses in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former Japan PM Abe passes away after shooting
Japan's former Prime Minister Shinzo Abe died Friday after being shot while campaigning for a parliamentary election, Japanese broadcaster NHK said.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
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No offshore wind projects in Vietnam until 2028: global council
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