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The Ministry of Finance has proposed corporate income tax rate on small and micro-sized enterprises be lowered than the common rate in an effort to support them to overcome the difficult time and promote their development.
The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Credit ratings agency Fitch Ratings has affirmed Vietnam Electricity Northern Power Corporation's (EVNNPC) long-term foreign-currency issuer default rating at 'BB' with a positive outlook.
The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fulfill maturing bond obligations amid ongoing market turbulence.
While the area of Chinese claims on the northern side of Bhutan are much larger compared to Doklam, the strategic significance of Doklam is what makes it indispensable for Beijing.