VET Exclusive

Most Favored Nation import tax rates are to be reduced under a proposal from the Ministry of Finance as Vietnam seeks to enhance its trading environment.

Greenhouse gas emission quotas are to be allocated to the 150 largest emitting enterprises in certain sectors under a draft decree recently reviewed by a high-level meeting.

Ho Chi Minh City must address its shortcomings and build upon its existing strengths if it hopes to become a prosperous international financial center.

Though considered entirely feasible, Vietnam’s relatively small railway market presents difficulties in localizing its equipment and rolling stock supply chain and satisfying infrastructure requirements.

A better approach has emerged in ensuring that railway projects of all types are completed on schedule.

Vietnam has a vision of, by 2050, building a modern railway network and taking full control of all related technologies, from manufacturing rails and switches to self-sufficiency in electrification.