BOT Fees

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    Vietnam Industry and Trade News Bulletin for January 6, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. Vietnam Among Top 10 Fastest Growing Economies in 2016 According to The Economist Intelligence Unit (EIU), Vietnam is projected to be one of the top 10 fastest-growing economies in the world in 2016, with GDP growth forecast at approximately 7% . While global GDP is expected to grow by only 2.7%, Vietnam stands out in the region alongside Laos and Cambodia, driven by rising private consumption and a recovering tourism…

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    Vietnam Industry and Trade News Bulletin for January 5, 2016

    ByVN Industry and Trade Bulletin

    A. GENERAL ECONOMIC HIGHLIGHTS 1. 2016 Economic Outlook: Inflation and Exchange Rates The National Financial Supervisory Commission (NFSC) forecasts that core inflation in 2016 will be around 3%, with headline inflation likely lower at 2-3%, leaving room for price adjustments in public services. However, exchange rates and interest rates will face significant pressure. The trade deficit is projected to rise to approximately $4 billion as investment demand drives machinery imports. 2. BOT Toll Fees: Ministry…

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    Vietnam Industry and Trade News Bulletin for JANUARY 05, 2016

    ByVN Industry and Trade Bulletin

    A. POSITIVE NEWS 1. China Lifts Ban on Live Shrimp Imports from Vietnam After 11 months of suspension, the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ) has officially announced the lifting of the ban on live shrimp imports from Vietnam. This decision opens up a significant opportunity for the seafood industry to recover and boost exports to this neighboring market at the start of 2016. 2. Vietnam Oil and Gas Group…