Economy

406 SOEs approved for divestment in 2017-2020

Thursday, 24 August 2017 09:40

406 SOEs approved for divestment in 2017-2020 Deputy Prime Minister Vuong Dinh Hue has approved a list of 406 State-owned enterprises (SOEs) marked for divestment from now until 2020.
 

Gov’t looks to cut special inspections red tape

Wednesday, 23 August 2017 09:17

Gov’t looks to cut special inspections red tape Local enterprises are spending around 28.6 million working days valued at VNĐ14.3 trillion (US$636 million) a year to complete administrative procedures for special inspections on imported and exported goods.
 
 

Deputy PM demands tax hike reviews, experts beg to differ

Tuesday, 22 August 2017 08:59

Deputy PM demands tax hike reviews, experts beg to differ In a recently released conclusion to a meeting on tax law adjustments, Deputy Prime Minister Vuong Dinh Hue asked that the Ministry of Finance’s (MoF) controversial new amendment drafts to tax laws be adjusted to meet both the national growth plan and the current economic climate.
 
 

APEC officials highlight competition chapters in FTAs/EPAs

Monday, 21 August 2017 09:34

APEC officials highlight competition chapters in FTAs/EPAs Officials from member economies of the Asia-Pacific Economic Cooperation (APEC) forum have highlighted the benefits of establishing competition chapters in free trade agreements (FTAs) and Economic Partnership Agreements (EPAs).
 
 

OK for new bond market plan

Saturday, 19 August 2017 09:39

OK for new bond market plan Prime Minister Nguyen Xuan Phuc has approved a plan to develop Vietnam’s bond market in 2017-20 with a vision to 2030.
 
 

Why are foreigners’ house purchases proceeding at a sluggish rate?

Friday, 18 August 2017 09:55

Why are foreigners’ house purchases proceeding at a sluggish rate?  Since the Housing Law took effect in July 2015, 549 land-use right certificates (red books) have been issued to foreign individuals and institutions who have bought houses in Vietnam.  
 
 

Land bank needed for agricultural development

Thursday, 17 August 2017 11:35

Land bank needed for agricultural development It is necessary to establish a land bank because the majority of the 27 million ha of farmland in Vietnam is owned by individual farmers, which has created a host of difficulties for high-tech agriculture, Mr. Mai Van Phan, Deputy Director General of the Land Registration Department at the Ministry of Natural Resources and Environment (MoNRE), said on August 14.
 
 

Finance Ministry wants to tax second homes to restrict speculation

Tuesday, 15 August 2017 09:41

Finance Ministry wants to tax second homes to restrict speculation
 
 

Ministry prepares plan for restructuring service sector

Thursday, 10 August 2017 08:45

Ministry prepares plan for restructuring service sector The Ministry of Planning and Investment is drawing up a plan for restructuring the service sector from 2016-2020, making it compatible with the economic restructuring plan for the same period.
 
 

PM urges action on excessive business rules

Wednesday, 09 August 2017 09:31

PM urges action on excessive business rules Prime Minister Nguyen Xuan Phuc has demanded that all corresponding government departments, agencies and institutions to adjust policies as part of an “action-minded” government, to unburden Vietnamese firms of unnecessary business regulations, namely redundant business permits and categorisation.
 
 

Vietnam pushes up fruit exports

Tuesday, 08 August 2017 08:31

Vietnam pushes up fruit exports Vina T&T Import – Export Service Trading Co Ltd last week exported its first batch of fresh coconuts to the US, which is considered to be a difficult market.
 
 

AEC a catalyst for reform in Vietnam

Monday, 07 August 2017 08:29

AEC a catalyst for reform in Vietnam The year 2017 marks an important milestone for the Association of South East Asian Nations (ASEAN): the 50th anniversary of its establishment. For half a century, ASEAN has being growing strongly, recording significant achievements on the way.
 
 

Vietnam third in attracting international acquirers

Saturday, 05 August 2017 08:46

Vietnam third in attracting international acquirers Rich with investment opportunities and positive demographics, ASEAN continues to attract international acquirers according to the latest edition of Spotlight Asia, Kroll’s quarterly M&A newsletter, produced in association with Mergermarket.
 
 

Industry Ministry rejects proposal to close mine

Friday, 04 August 2017 08:36

Industry Ministry rejects proposal to close mine The Ministry of Industry and Trade (MoIT) has rejected a proposal to shut down a major iron mine over concerns that it poses risks to the environment.
 
 

How can Vietnamese transfer USD abroad to pay for house purchases?

Thursday, 03 August 2017 08:44

How can Vietnamese transfer USD abroad to pay for house purchases?  Experts believe that no less than $8-9 billion flows out of Vietnam every year through different channels, despite Vietnam’s tight forex policy.
 
 

Money flows into real estate market as prices rise

Wednesday, 02 August 2017 14:40

Money flows into real estate market as prices rise Experts have urged state management agencies to take necessary measures to drive the current strong cash flow into real estate out of the market as prices are increasing, depriving low-income earners of the opportunity of owning houses.
 
 

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