The General Department of Taxation (GDT) recently issued Decision 05/QD-TCT on Administrative Reform Plan in 2023.
The State Bank of Vietnam (SBV) recently issued Decision 313/QD-NHNN, lowering the rediscount interest rate by 1% and the overnight rate while keeping the refinancing interest rate unchanged.
Decree 08 provides a legal corridor for issuers to negotiate with bondholders to reduce financial pressure at maturity and relieve stress due to technical barriers. However, according to experts, this is only a temporary solution and the game of corporate bonds needs to have a broad but well-defined legal space placed in an overall capital market strategy.
The global landscape for 2022 was volatile and uncertain, weighed down by slowing growth and falling demand, persistent inflationary pressures and more aggressive monetary tightening, as well as heightened geopolitical tensions. This continues to be a double risk to global macroeconomic performance in 2023, as well as to Vietnam as a highly open economy.
Viet Nam and Cambodia vowed to promote security and defense cooperation and foster economic connectivity.
Viet Nam shipped 113,550 tons of coffee worth €269 million (or US$287 million) to Spain, becoming the largest coffee supplier for the European country in 2022, according to the Statistical Office of the European Union.
Viet Nam’s GDP growth is expected to grow by 6.3 percent in 2023, the World Bank (WB) said in its taking stock report themed “Harnessing the potential of the service sector for growth” released on March 13.
The State Bank of Viet Nam (SBV) has announced that several rates will be reduced from March 15 to increase liquidity and support economic growth.
The Ministry of Natural Resources and Environment is developing a specific plan for the final round of opinions for the draft Land Law (amended).
The Vietnam Chamber of Commerce and Industry (VCCI) recently sent to the Ministry of Finance a report on recommendations for the draft decree on time extension for payment of value-added tax, corporate income tax, personal income tax and land rent in 2023.
In the context of regional and global changes, the two biggest focuses of the economy are standards and product supply chains.
10/20/2021 10:06:39 AM
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