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China demands stricter export procedures for food items

China demands stricter export procedures for food items

(SGI) - During the first three months of the year, it has become apparent that China is emerging as a strong export destination for many Vietnamese agricultural products. With the US and European market still struggling to recover, China may well be the much-needed answer for Vietnam.
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Increased pressure to raise interest rates

(SGI) - Liquidity in banks is currently under great stress after overnight interbank interest rates neared 8% a year, and the interest rate on market 1 is also rising day by day. 
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Banks forcing compulsory insurance on customers

(SGI) - Commercial Banks with limited credit room have agreed to work for insurance companies and are now forcing customers to buy compulsory insurance before they can receive loans. 
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Challenges in retaining skilled and talented youth

(SGI) - Vietnam needs a harmonize and more flexible mechanism and policy in order to retain a skilled workforce in the future. In a talk with Saigon Investment, Dr. NGUYỄN ĐỨC KIÊN, Head of the Prime Minister's Economic Advisory Group, shared his opinions about the current development of the labor market in Vietnam.
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Ministry of Finance must balance taxes and revenue

(SGI) - The prices of most essential items have been constantly escalating over the years, but the provisions on family deductions in the Law on Personal Income Tax have remained unchanged since July 2020. 
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Law on Personal Income Tax inconsistent

(SGI) - The Ministry of Finance recently submitted an amendment to the Law on Personal Income Tax (PIT) to the Standing Committee of the National Assembly. 
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Vietnamese rice exports need diverse markets

(SGI) - The current ongoing Russia-Ukraine conflict and the efforts of major food exporters to limit the volume in their export quota has sent food prices to skyrocket controllably.