The Vietnamese government would still prioritize mobilizing ODA funds and preferential loans for major projects that support Vietnam’s sustainable development.
Foreign companies are abusing preferential treatments from free trade agreements (FTAs) between Vietnam and its partners for illegal transshipment.
After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations.
Credit institutions are being encouraged to implement consumer credit packages and preferential rates as an effective way to stimulate spending sprees and help the domestic economy tide over the storm.
The central bank suggested the move is necessary to ensure efficiency of existing preferential rates policy for customers amid the Covid-19 pandemic.
Experts have raised concerns that Vietnamese businesses are slow in preparing conditions to enjoy preferential tariffs in the Viet Nam-EU Free Trade Agreement (EVFTA).
Public-private investment projects play a significant role in developing infrastructure and have the potential to accelerate large-scale construction works across the country. Managing partner of Indochine Counsel Duc Dang and Steven Jacon, foreign consultant of Indochine Counsel go into the ins and outs of the laws governing the the bidding and funding of such projects.
The wave of transiting factories out of China by multinational companies, assistance from primary preferential trade agreements, and international acknowledgement of effective control of the COVID-19 pandemic from the Vietnamese government have greatly increased the chances of welcoming more investments in the country’s industrial real estate arena.
The State Bank of Viet Nam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.
Flexible rules of origin in the European Union-Viet Nam Free Trade Agreement (EVFTA) will help local plastic enterprises take full advantage of preferential tariffs when exporting to the EU market.