Two different tax rates are currently applied to different forms of the product.
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Vietnam to become Asia-Pacific region's fastest growing economy in 2026 24/01
The World Bank projects Vietnam's GDP growth at 6.3 per cent in 2026, the highest in the Asia-Pacific region.
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Vietnam's digital tech sector boasts nearly 74,000 companies 24/01
The total revenue of Vietnam's digital tech companies reached nearly US$158 billion in 2024, a 10.2 per cent year-on-year increase.
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Vietnam's export durians face stricter regulation in China market 23/01
One Vietnamese durian exporter said that it's 170 tonnes of produce could be not cleared at custom gates, because China applies the strict inspection of BY2 that is believed to be used to enhance the yellow colour of durian fruit.
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Vietnam’s rice exports to Singapore surge 23/01
Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state.
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Vietnam projected to lead ASEAN+3 growth with 6.5% in 2025 23/01
Exports were the primary driver of Vietnam's economic growth in 2024 and are expected to remain so in 2025.
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Bình Dương Province plans to invest nearly $4b in infrastructure development 23/01
The southern province of Bình Dương plans to invest VNĐ100 trillion through 2030 to develop infrastructure to stimulate the economy.
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Selling pressure rises as market continues to decline 23/01
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index closed at 1,242.53 points, down 3.56 points or 0.29 per cent. Market breadth remained negative, with 201 stocks declining, 100 advancing and 53 remaining unchanged.
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Hai Phong attracts over $3.5 billion in investment in January 22/01
The five domestic projects target real estate and urban development, while the six FDI projects involve household goods, welding, components and electronics.
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Czech automaker to build $500 million factory in Quang Ninh 22/01
Czech automaker Skoda will complete a US$500 million factory in Quang Ninh Province in the first quarter of 2025.
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Special investment procedures: commitments, regulations and investor responsibilities 22/01
A draft decree detailing special investment procedures outlines the commitments investors must make to comply with legal requirements and planning standards.
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Positive outlook for wood product exports after roaring success in 2024 22/01
The woodworking industry will strive to achieve the export target of US$18 billion for this year, the Handicraft and Wood Industry Association of HCM City has said.
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Trade ministry imposes anti-dumping duty on imported steel and wind towers 21/01
Businesses wanting to apply for anti-dumping duty exemptions should submit their requests to the Trade Remedies Authority.
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2025 - Year of acceleration, breakthroughs 21/01
Despite the severe impact of Super Typhoon Yagi and global economic volatility, Vietnam’s economy demonstrated its resilience in the year, with its GDP growth surpassing 7 per cent, ranking among the few nations with high growth rates regionally and globally.
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Customs implements environmental protection tax regulations on petrol, oil and lubricants 21/01
The General Department of Customs has instructed on applying environmental protection tax rates under Resolution No. 60/2024/UBTVQH15.
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