The number of spam messages and calls have dropped since the Government issued new regulations, but there has been a slight spike of unwanted communications recently.

As of April 20, Viet Nam attracted US$12.25 billion in foreign direct investment (FDI), equivalent to 99.3 per cent compared to the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.

Mergers and acquisitions can be an effective strategy to increase business value. Unfortunately, many transactions do not deliver their expected benefits due to a variety of breakdowns in the merger and integration process. Le Khanh Lam, tax partner at RSM Vietnam, explains how, by focusing on operational and process improvement, it is not too late to drive significant value to the organisation.

Support is to be provided to small and medium – sized enterprises (SMEs) enabling them to use intellectual property (IP) rights to build stronger, more competitive and resilient businesses, said Dinh Huu Phi, Director of the Intellectual Property Office of Viet Nam.

The Vietnamese economy could grow by about 6-6.3 per cent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly Macro-Economic Report.

Viet Nam will lure more foreign investment in the high-tech sector by offering more incentives and amending requirements for high-tech businesses.

The Government has issued a new decree aiming to promote the development of social housing.

The Ministry of Finance is studying the legal framework for managing cryptocurrencies on stock exchanges which would pave the way for legal cryptocurrency transactions in Viet Nam.

Viet Nam needs to develop a proper legal framework to manage e-commerce on social networks in the context that e-commerce was booming in the country, according to the Viet Nam Chamber of Commerce and Industry (VCCI).

Domestic and international businesses are expected to benefit more from Vietnam’s future e-government development, as the completion of the long-awaited legal framework on shared data could be a way to improve the business climate amid stiffening regional competition.

The Vietnamese tax watchdog hopes to tax sellers based in foreign countries but operating e-commerce businesses in Viet Nam.

Prime Minister Nguyen Xuan Phuc has approved the pilot application of 'mobile money', which allows the use of mobile phone credit to pay for small-value goods and services.

Viet Nam is improving its legal framework to promote the development of e-commerce with a focus on preventing trade fraud.

Private enterprises do not need money but institutional support to enjoy a stable and safe business environment, bringing them equality and respect.

To support businesses to recover operations soon, numerous policies related to deferring tax and land rent payments are to be put in place, while a reduction in corporate income tax is being considered.

The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active.

The Ministry of Planning and Investment (MPI) has summited to the Government a draft decree on amending Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership Agreement (CPTTP).

The Ministry of Finance has just proposed extending the deadline for tax payment and land rent to assist businesses in overcoming the COVID-19 pandemic.

Throughout more than three decades of economic reform, Vietnamese companies from many sectors have been venturing abroad and become role models. Yet, the logistics sector remains too focused on the domestic market. Tran Thanh Hai, deputy director of the Ministry of Industry and Trade’s Agency of Foreign Trade, emphasised that local players should follow regional examples and take their business to international arena.