Local cpa firms

As far as renewable energy is concerned, Vietnam has a concrete plan to develop more renewable power to reduce carbon emissions. The government has facilitated the development of renewable energy by offering attractive tariffs to lure local and foreign investors. Nonetheless, future investment depends very much on available conditions and advantages of a favorable investment policy, capacity of the transmission lines and grid-connection and support from the local government where the project is or can be located. All these factors will decide the interest of investors and their investment decisions. … [Read more...] about Thai power firm pins great expectations on largest solar energy project in Vietnam

Insiders have said that the coronavirus pandemic is an opportunity for many tea companies to change and improve product value instead of chasing output. Most Vietnamese tea has been exported as raw materials, which are then processed and packaged for consumption in the local market or exported to a third country. Vietnamese tea only accounts for about 5-20 percent of the finished product value, while brands usually account for 40-60 percent. This is why Vietnam is among the countries with the lowest tea export prices in the world. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 15

“We should not expect sudden and immediate changes as foreign investors need time to conduct research and consider the efficiency of the relocation plan. There will be a delay in luring these foreign inflows. Thus, it is time for us to make careful preparation,” he stressed. … [Read more...] about Focusing on technology transfer in attracting new wave of FDI capital

Acknowledging that local farmers have begun to harvest summer-fall crops, importers want to lower the buying price of rice. However, farmers still expect to sell rice at prices as high as they were in the beginning of the year; thus, local rice exporters are finding it hard to sign new export contracts, he explained. … [Read more...] about Exporters worry as overseas demand for rice slows down

These flexible rules of origin placed on plastic products exported to the EU has increased  competition for firms as they remain passive in production as a result of domestic raw materials meeting only between 15% and 35% of demand for different types of plastic materials, while the remaining 85% are dependent on imports. Indeed, there are more than 2,000 plastic enterprises located nationwide, of which 84% are based in Ho Chi Minh City. … [Read more...] about Plastic exporting enterprises enjoy preferential tariffs to EU market