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All European Union states and many other countries will introduce a global minimum tax (GMT) of 15 percent on large corporations by the start of 2024, and Vietnam is being urged to devise appropriate policies and adapt to the new taxation.
A report by the National Center for Socioeconomic Information and Forecast (NCIF) shows that Vietnam outperformed other countries in the region in 2022 thanks to the rebound in consumer spending and strong export growth.
Nikkei Asia reported that JERA Inc., a Japanese power generation company, has signed an agreement to purchase a 35.1% stake in Vietnam's Gia Lai Electricity Joint Stock Company (GEC) to capitalize on the Southeast Asian nation's rising electricity demand and advance its own decarbonization efforts.
