Vietnam Eyes Deeper Cooperation with Russia's Far East in Economy and Investment
Vietnam's Finance Minister highlighted the need to strengthen economic, trade, and investment cooperation with Russia at the Eastern Economic Forum, noting current trade volumes are modest compared to bilateral potential. He called for concrete project promotion and resolution of logistics and financial challenges.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
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, Japan Deepen Strategic Partnership with Focus on Economic and Tech Cooperation
Vietnam is deepening its Comprehensive Strategic Partnership with Japan through economic and technological cooperation. Key areas of focus include AI, Small Modular Reactors (SMRs), nuclear power, and human resource training, aiming to drive Vietnam's sustainable growth and deeper integration into global supply chains.
- 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.