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Target for agro-forestry-fishery export value revised up to 45 billion USD | Business

Processing pangasius fillets for export at a factory in Dong Thap province. (Photo: VNA) Hanoi (VNA) – The total export turnover of agricultural, forestry and aquaculture products reached 24.23 billion USD in the first six months of 2021, an increase of 28.2 percent compared to the same period of 2020, according to the Ministry of Agriculture and Rural Development (MARD). Based on the encouraging outcome and signs of recovery in the world market, the ministry has raised the yearly target for export earnings from those products to 45 billion USD, 3 billion VND higher than the amount assigned by the government. The high export turnover in the first half was attributable to surges in

Vietnam makes great strides in clean energy development: Asiatimes | Business

 Vietnam makes great strides in clean energy development (Photo: VNA) Hanoi (VNA) - Vietnam is making rapid strides in shifting from fossil fuels to clean energy in the post-COVID-19 world, according to a recent article published by the website asiatimes.com. According to the article, the renewable energy sector is booming in Vietnam thanks to its rapid economic growth over the past five years, led by massive inflows of foreign direct investment (FDI) as multinational companies set up their factories here to diversify supply chains and to benefit from Vietnam’s young and well-educated labour force. Economic growth and FDI inflows have led to a

VIETNAM BUSINESS NEWS JULY 2

VIETNAM BUSINESS NEWS JULY 2
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

Businesses stuck amid ministries disagreement about tax refunds

Businesses stuck amid ministries’ disagreement about tax refunds Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  07/05/2021    12:00 GMT+7 A number of wind power projects are facing difficulties as taxation agencies have stopped VAT refunds. A representative of an enterprise said that since February the enterprise has imported VND1 trillion worth of equipment to implement a wind power project and has paid nearly VND100 billion to the local budget, equal to 10 percent of VAT of imports. The enterprise has also paid hundreds of billion of dong in VAT for other projects. Therefore, it is expecting to get a tax refund worth trillions of dong.

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