The global corporate minimum tax is unlikely to impede Việt Nam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Việt Nam, Michael Kokalari, chief economist at investment fund VinaCapital, said.

China lashed out at Japan over Tokyo’s new export restrictions on some chipmaking technology and said it would take action to defend its interests, just days after it banned some domestic firms from using semiconductors from U.S.-based Micron Technology.

The General Administration of Customs of China (GACC) has granted an additional 47 growing area codes to Vietnamese durian, bringing the total number of planting area codes up to 293.

Vietnam is putting the finishing touches to the export of its lychee, one of the country’s key fruits for export, to overseas markets, hoping to make a huge profit this year.

Along with China's reopening, seafood exports to China are expected to make a breakthrough. However, there are still barriers that exporters must overcome.

There is great potential for Vietnam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thi Thang at the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hanoi on May 23.

It is expected that from 2024, some countries will apply the global minimum tax rate, including Vietnam. According to Nguyen Van Toan, Vice Chairman of the Association of Foreign Investment Enterprises (VAFIE), without reasonable and timely reforms on investment incentive policies to adapt to the global minimum tax, Vietnam could be “left behind” in attracting foreign investment.

There is great potential for Vietnam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thi Thang at the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hanoi on May 23.

The US Commerce Department should add Chinese memory chip maker Changxin Memory Technologies (CXMT) to a trade blacklist after Beijing earlier this week banned the sale of some chips by US-based Micron Technology Inc, the chair of the US House of Representatives’ committee on China said on Tuesday.

On May 18, the Ministry of Finance held a seminar on “Effectively implementing Vietnam’s commitments on preferential export tax and special preferential import tax in the implementation of FTAs”.