Ho Chi Minh City Reinforces Position as Regional Supply Chain Connector
Ho Chi Minh City is strengthening its position as a regional supply chain hub, signing an MoU to link its innovation and startup ecosystem with Silicon Valley. It serves as a vital market for US agricultural products, while investment from Japan and South Korea is also active, driving economic growth.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Top Russian Legislator to Visit Vietnam, Exploring Deeper Political and Economic Ties
Valentina Matvienko, Chairwoman of Russia's Federation Council, will make an official visit to Vietnam at the invitation of Chairman of the National Assembly Standing Committee Tran Thanh Man. The visit aims to deepen bilateral ties, particularly in political and economic spheres, as both nations seek to strengthen their Comprehensive Strategic Partnership.
- Vietnam Maintains 15% Lottery Agent Commission Cap Amidst Scrutiny
Vietnam's Ministry of Finance has decided to maintain the 15% cap on lottery agent commissions, a rate unchanged for 19 years. The ministry explained this decision, despite industry requests for revision, by citing market stability and ensuring tax collection. This impacts local economies and agent revenues.
- Concealing Land Transactions to Evade Taxes Could Lead to Up to 7 Years in Prison
In Vietnam, concealing land transactions to evade taxes could result in a prison sentence of up to seven years. Experts warn that selling land without formal title transfer constitutes tax evasion.
- Vietnam Explores Samurai Bond Issuance Potential in Japan
Vietnam is exploring the potential for issuing Samurai bonds, conducting roadshows in Japan. This move aims to diversify Vietnam's funding channels and secure long-term capital from the Japanese market.