Import duty on diesel and jet fuels has been lowered while the tax on gasoline remains unchanged, effective on March 18.
The association has sent a proposal to the Prime Minister asking for import taxes on oil products to be cut while raising consumer taxes to make up losses to the state revenue.
While the pullback in bonds was a hint that risk appetite might be returning, it also had the potential to trigger another spasm of selling in stocks.
Thailand has proposed the signing of a mutual recognition agreement (MRA) for automobile standards with Vietnam.
Vietnam’s central bank has to engage in a delicate balancing act as the U.S.-China trade war exerts inflationary pressures on the dong.
Hundreds of local farmers are enjoying the fruits of their labor now watermelons have come into season.
Vietnam’s consumer finance market rose to a five-year high last year after people borrowed $15.12 billion for consumption, said StoxPlus, a leading company that provides information for financial enterprises and institutions in Vietnam.