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Official Gazette

Saturday, August 15, 2020
Tags: investment
PM approves implementation plan for EVFTA PM approves implementation plan for EVFTA
The Prime Minister has approved a plan to implement the EU-Vietnam Free Trade Agreement (EVFTA).
Businesses to enjoy higher deduction rate of loan interest expenses Businesses to enjoy higher deduction rate of loan interest expenses
The deduction limit of enterprises’ total loan interest expenses will be increased to 30 percent from the current 20 percent of earnings before interest, tax, depreciation and amortization (EBITDA).
Central bank to pilot fintech operations Central bank to pilot fintech operations
The State Bank of Vietnam is planning to apply on a pilot basis a regulatory sandbox allowing fintech companies to provide some banking services from 2021.
PM: EVFTA like an expressway bringing EU Vietnam closer PM: EVFTA like an expressway bringing EU, Vietnam closer
Prime Minister Nguyen Xuan Phuc chaired a video conference on August 6 regarding the implementation of the EU-Vietnam Free Trade Agreement (EVFTA), during which he described the deal as a broad and modern expressway bringing the EU and Vietnam closer together.
Vietnamese Japanese PMs hold phone talks Vietnamese, Japanese PMs hold phone talks
Prime Minister Nguyen Xuan Phuc held phone talks with his Japanese counterpart Shinzo Abe on August 4 to discuss promoting bilateral ties as well as cooperation at regional and global forums.
Official Gazette issues Nos 44-48/2020 coming out on August 4 2020 Official Gazette issues Nos 44-48/2020, coming out on August 4, 2020
Government seeks ways to complete targets amidst COVID-19 pandemic Government seeks ways to complete targets amidst COVID-19 pandemic
Prime Minister Nguyen Xuan Phuc chaired a one-day regular Cabinet meeting for July on August 3, which focused on seeking measures to fulfill socio-economic goals amidst COVID-19 pandemic.
Vietnam fulfills international commitments as EVFTA takes effect Vietnam fulfills international commitments as EVFTA takes effect
Vietnam will continue to fulfill its international commitments so that it can take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19 pandemic.
Vietnam demonstrates its leadership in ASEAN: Secretary-General Lim Jock Hoi Vietnam demonstrates its leadership in ASEAN: Secretary-General Lim Jock Hoi
Since its inception in 1967, ASEAN has successfully provided and maintained peace, prosperity and security in the region, allowing each member state to undertake national economic development, and to thrive and integrate within the region and into the global economy.
Foreign direct investment into Vietnam surges in July Foreign direct investment into Vietnam surges in July
Vietnam attracted USD 3.15 billion in foreign direct investment and capital for share purchases in July, representing a rise of 79.8 percent against the same period last year and 76.2 percent against June, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

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