Stay updated with breaking news from Patrick Lenain. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although the Vietnamese government is advocating the development of a low-carbon economy, many businesses are scratching their heads over applying proper solutions to make their performance more environmentally friendly.
Implementing a global minimum tax rate will create conditions to increase tax revenue from foreign enterprises, but at the same time put Vietnam in front of new challenges. Patrick Lenain and Agustin Redonda from the Council on Economic Policies in Switzerland analyse the advantages and the risks of this type of tax for Vietnam.
From 2026, vehicles with three to five years of use or more must undergo periodic emissions inspection, and the vehicles that do not meet emissions standards in the zoned area will be restricted from traffic.
The US Federal Reserve has been increasing its interest rate at a difficult time for emerging markets. Patrick Lenain, senior associate at the Council on Economic Policies, offers his assessment of how the Fed’s interest rate hike affects the Vietnamese market and some solutions to respond to the fluctuations.
Having set aggressive decarbonisation targets, companies now face the challenge of executing at pace during a time of unprecedented turbulence.