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Vietnamese consumers remain pessimistic: Nielsen
Vietnamese consumers remain pessimistic: Nielsen

Vietnam’s consumer confidence fell to the lowest level in the first quarter since mid 2010 as most consumers said they will refrain from buying even the products that they need, a new Nielsen survey found. The decline is a contrast to an increase...

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Vietnam finance ministry mulls more tax breaks as economy slows
Vietnam finance ministry mulls more tax breaks as economy slows

Vietnam’s Ministry of Finance is considering giving more tax breaks to businesses as the number of closures has surged amid the slowing economy. Proposals for more tax relief are expected to be submitted to the National Assembly, the country’s...

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Vietnam could launch rescue package as business closures rise
Vietnam could launch rescue package as business closures rise

Vietnam’s government has announced a plan to cut corporate taxes as nearly 18,000 companies shut down or suspended operations in the first four months of the year. A tax relief package worth VND29 trillion (US$1.4 billion) will be proposed to the...

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