{"id":4923,"date":"2024-10-20T15:02:27","date_gmt":"2024-10-20T15:02:27","guid":{"rendered":"https:\/\/vietnammanual.com\/?p=4923"},"modified":"2024-10-20T15:05:42","modified_gmt":"2024-10-20T15:05:42","slug":"business-news-in-vietnam-in-the-third-week-of-oct2024","status":"publish","type":"post","link":"https:\/\/vietnammanual.com\/vi\/2024\/10\/20\/business-news-in-vietnam-in-the-third-week-of-oct2024\/","title":{"rendered":"BUSINESS NEWS IN VIETNAM IN THE THIRD WEEK OF OCT2024"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4923\" class=\"elementor elementor-4923\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6357ad08 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6357ad08\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-102980c1\" data-id=\"102980c1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-305840ca elementor-widget elementor-widget-text-editor\" data-id=\"305840ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Following are the highlights of Business News in the third week of October 2024: Vietnam\u2019s FDI expected to hit $40B in 2024; E-commerce platforms may be asked to pay taxes on behalf of sellers; Dollar gains against dong; and the last news is Vietnam Stock Market that ended week with slight dip.<\/strong><\/p>\n<p><strong>Vietnam\u2019s FDI expected to hit $40B in 2024<\/strong><\/p>\n<p>The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said in the first nine months of this year, the total registered foreign investment capital reached more than $24.78 billion, an increase of 11.6% over the same period in 2023. Vietnam expects to attract US$39-40 billion in foreign direct investment (FDI), according to forecasts to the end of the year. Besides, Vietnam\u2019s FDI attraction also saw a bright spot with an improved quality of the FDI flow. According to the FIA, in the first nine months, major projects in the fields of semiconductors, energy (production of batteries, photovoltaic cells, silicon bars), production of components, electronic products, and products with high added value have received additional investment.<\/p>\n<p><strong>E-commerce platforms may be asked to pay taxes on behalf of sellers<\/strong><\/p>\n<p>According to Vietnam\u2019s Tax authority: Requiring e-commerce platforms to declare and pay taxes on behalf of sellers is feasible because the platforms own&nbsp;information about&nbsp;sellers&#8217;&nbsp;successful transactions, revenues and fees. Therefore, the General Department of Taxation has proposed that e-commerce platforms declare and pay taxes on behalf of sellers as part of an effort to enhance tax management on e-commerce businesses. The tax watchdog will continue to gather data on e-commerce from various sources and apply AI in data processing to enhance risk-based management.<\/p>\n<p><strong>Dollar gained against dong<\/strong><\/p>\n<p>The U.S. dollar rose against the Vietnamese dong in this week. On Saturday, The dollar went up 0.04% to VND25,350 at unofficial exchange points; Vietcombank maintained its rate at VND25,340, hovering around a 10-week high. The State Bank of Vietnam kept its reference rate unchanged at VND24,213. The dollar has risen against the dong by 3.68% since the beginning of the year.<\/p>\n<p><strong>Vietnam Stock Market ended week with slight dip<\/strong><\/p>\n<p>The stock market closed the week with a slight decline, marking four out of five sessions of losses for the week, while foreign investors continued their selling streak for a sixth consecutive session. On the H\u1ed3 Ch\u00ed Minh Stock Exchange (HoSE), the VN-Index closed at 1,285.46 points, down 1.06 points or 0.08 per cent.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dbab5c9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dbab5c9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3244d27\" data-id=\"3244d27\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed8990a elementor-widget elementor-widget-video\" data-id=\"ed8990a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/KzQapobswts&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6c0b832 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6c0b832\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4fc35e2\" data-id=\"4fc35e2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29bb821 elementor-widget elementor-widget-heading\" data-id=\"29bb821\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><b>By Vietnam Manual Team<\/b><\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Following are the highlights of Business News in the third week of October 2024: Vietnam\u2019s FDI expected to hit $40B in 2024; E-commerce platforms may be asked to pay taxes on behalf of sellers; Dollar gains against dong; and the last news is Vietnam Stock Market that ended week with slight dip. <\/p>","protected":false},"author":1,"featured_media":4924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[152,153],"tags":[156,229,231],"class_list":["post-4923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-vietnam","category-vietnam-news","tag-doing-business-in-vietnam","tag-vietnam-business-news","tag-vietnammanual"],"_links":{"self":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/comments?post=4923"}],"version-history":[{"count":7,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4923\/revisions"}],"predecessor-version":[{"id":4931,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/posts\/4923\/revisions\/4931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media\/4924"}],"wp:attachment":[{"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/media?parent=4923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/categories?post=4923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietnammanual.com\/vi\/wp-json\/wp\/v2\/tags?post=4923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}