Trade - Service

The resumption of air travel on mutual basis will prioritize passengers on business purposes.

Provincial authorities are responsible for choosing investors and implementing the newly added projects.

The country would remain the fastest growing economy in Southeast Asia, which is expected to bounce back to 6.8% in 2021.

Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs.

Vietnam has a great opportunity to surpass Thailand in rice export this year.

While a number of supporting policies are in place, the effectiveness of some programs is not up to expectation, said Minister of Planning and Investment Nguyen Chi Dung.

Vietnam Airlines will hold 98% stake in Jetstar Pacific after purchasing Qantas’ share.

The country’s retail network could be modernized thanks to European investment, technologies and high standard governance.

The industry’s authorities are implementing two solutions to revive the industry.

Garments and household appliances are out of the top purchase list of Vietnamese consumers in the rest of the year.

The government’s decision to slash the registration fee for domestically-produced cars by 50% is set to further boost the sale of domestic cars in the two remaining quarters of this year.

Vietnam's exports slightly declined by 0.9% year-on-year to US$100.21 billion in the January-May period, and imports decreased 4.6% to US$96.67 billion.

The domestic airlines will soon reopen international routes to destinations where the pandemic is under control.

People’s mobility, on average, is almost back to normal in Vietnam.

Vietnam remains steadfast on pursuing bilateral economic relations with the US towards harmonization and sustainability, according to the Ministry of Foreign Affairs.

The soon implementation of both the EVFTA and EVIPA would create new driving forces for further cooperation between Vietnam and the EU.

The commercial flights must ensure safe measures to prevent Covid-19 transmission.

The tax cut would benefit businesses with revenue in 2020 of less than VND50 billion (US$2.16 million) and a workforce not exceeding 100 employees.

Vietnam could achieve its ambition of becoming a high-income country in 2045 by adapting its development strategy toward higher efficiency, just like Cristiano Ronaldo did with his game at the age of 35.

It would be more efficient if the government could waive and delay tax payments for one to three years, said a senior local economist.