U.S. consulting firm CT Strategies LLC signed a contract with Vietnamese multi-business company L.Q Joton Group on Saturday to study the feasibility of establishing a free trade zone in northern Vietnam’s Hai Phong city.
Overall business sentiment is positive with 54% of Vietnam respondents in an Asia Pacific personnel survey by PwC believing that their organizations will be in business for more than 10 years if they remain on their current paths.
The various implications and contexts of amendments being considered to Vietnam’s current Law on Special Consumption Tax will be discussed at a workshop organized by The Investor in Hanoi Tuesday.
Vietnam is poised to become a regional leader in oil and petrochemical products with new production facilities in the pipeline and the industry attracting billions more in investment.