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Vietnam records fiscal deficit of over US$330 million in Jan-May
As of May 15, budget revenue collection reached VND529.6 trillion (US$22.7 billion), equivalent to 35% of the year's estimate.
14:49, 2020/05/30
Vietnam gov’t waives taxes to boost economic recovery
15:07, 2020/05/29
Vietnam keeps borders shut to foreign tourists
12:16, 2020/05/29
Vietnam takes new tax step to stimulate car market
10:58, 2020/05/29
Vietnam parliament set to ratify trade deal with EU at ongoing gathering
Industry
Vietnam takes new tax step to stimulate car market
The move would help support the development of local supporting industries, particularly the automobile manufacturing and assembling in the 2019 – 2023 period.
Trade - Service
Vietnam keeps borders shut to foreign tourists
Vietnam’s inbound tourism services would only be resumed once safety conditions are met.
Agriculture
Vietnam parliament mulls over extending land lease exemption for farmers
The waived tax is estimated to reach US$326 million a year until 2025.
Banking & Finance
Vietnam records fiscal deficit of over US$330 million in Jan-May
As of May 15, budget revenue collection reached VND529.6 trillion (US$22.7 billion), equivalent to 35% of the year's estimate.
Real estate
M&A in Vietnam’s hospitality industry lures foreign investors post-Covid
M&A in hotels and resorts is expected to thrive as the social distancing orders have left devastating affects on low-end hotels and budget accommodations.
Construction
Vietnam economy accelerates to get back to normal state
With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.