Economy

Hanoi`s $4b smart city project begins in 2018

Monday, 11 December 2017 13:13

Hanoi`s $4b smart city project begins in 2018 The smart city project along the Nhat Tan-Noi Bai route with investment equal to US$4 billion is expected to begin construction in the first quarter of next year.
 

Ministry rejects Uber’s complaints about tax arrears

Saturday, 09 December 2017 08:55

Ministry rejects Uber’s complaints about tax arrears The Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council.
 
 

Finance Ministry probes Grab for possible tax evasion

Friday, 08 December 2017 10:40

Finance Ministry probes Grab for possible tax evasion The Ministry of Finance (MoF) will continue coordinating with the State Bank of Viet Nam and other competent authorities to review the use of Malaysian company Grab’s grants from the mother company to its local branch.
 
 

Smart Industry World 2017 to shape Vietnamese smart industry

Thursday, 07 December 2017 11:20

Smart Industry World 2017 to shape Vietnamese smart industry Held for the first time in Vietnam, Smart Industry World 2017 saw the participation of state management bodies, researchers, experts, and the business community to discuss future orientations and methods to attract investment and develop the Vietnamese smart industry.
 
 

Banks beset by long-term accumulated losses

Wednesday, 06 December 2017 10:55

Banks beset by long-term accumulated losses Numerous financial institutions such as Eximbank, Vietbank, CB Bank, Oceanbank, and GP Bank have failed in scraping away their million-dollar accumulated losses despite their ever-growing profitability over the past first three quarters of 2017, causing major concerns to shareholders.
 
 

Brand valuation still a novel concept for VN firms

Tuesday, 05 December 2017 11:48

Brand valuation still a novel concept for VN firms No Vietnamese name figures in the list of top 500 world brands, showing that enterprises here are yet to fully realise the importance and value of branding in a globalising market.
 
 

Ministry takes actions in response to EU’s warning of IUU fishing

Monday, 04 December 2017 11:50

Ministry takes actions in response to EU’s warning of IUU fishing The Ministry of Agriculture and Rural Development has approved a plan on implementing some urgent solutions in response to the European Union (EU)’s warning about  illegal, unreported and unregulated (IUU) fishing.
 
 

Time for VN agriculture go hi-tech

Saturday, 02 December 2017 10:21

Time for VN agriculture go hi-tech It’s time for the Vietnamese agro-forestry-fishery industry to promote the application of modern agricultural equipment and technologies to build a sustainable industry.
 
 

Agricultural products seek to gain footholds in foreign markets

Friday, 01 December 2017 13:36

Agricultural products seek to gain footholds in foreign markets Vietnam is working towards achieving higher levels of food security. In recent years, the country has adopted various measures to boost agricultural product exports, filling gaps in the global food market.
 
 

Direct air route to US would be unprofitable

Thursday, 30 November 2017 11:32

Direct air route to US would be unprofitable Despite talks of a direct route to the US for years, there remain concerns about a how profitable it would actually be.
 
 

Firms hope for better tax reforms

Wednesday, 29 November 2017 11:10

Firms hope for better tax reforms The business community wants the general departments of Taxation and Customs to carefully consider reforms on tax and customs procedures, so as to create the most favourable business conditions for enterprises.
 
 

Ministry inspects Samsung Vietnam over worker mistreatment

Tuesday, 28 November 2017 10:35

Ministry inspects Samsung Vietnam over worker mistreatment The Ministry of Labour, Invalids and Social Affairs have announced the result of the investigation at Samsung Vietnam that was accused of mistreating workers by Sweden`s International POPs Elimination Network.
 
 

Vietnam sees bright future for apparel exports to APEC

Monday, 27 November 2017 10:41

Vietnam sees bright future for apparel exports to APEC Major countries, which are member economies of the Asia-Pacific Economic Cooperation (APEC), have become key markets for Vietnam’s garment and textile products, and are forecast to making up between 74%-75% of the country’s total apparel export turnover in the near future.
 
 

Ministry aims to boost business climate

Friday, 24 November 2017 11:32

Ministry aims to boost business climate The Ministry of Industry and Trade (MoIT) recently cut 675 business and investment procedures, equivalent to 55.5 per cent of total business conditions.
 
 

HCMC warns of real estate companies` illegal acts

Thursday, 23 November 2017 11:17

HCMC warns of real estate companies` illegal acts The HCM City Department of Natural Resources and Environment on Monday issued a warning to customers and secondary real estate investors about illegal activity of Alibaba Real Estate Joint-Stock Company and Alibaba Tay Bac HCMC Joint-Stock Company.
 
 

Vietcombank divests from two firms

Wednesday, 22 November 2017 10:04

Vietcombank divests from two firms The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday was estimated to receive VND342.6 billion (US$15.2 million) from selling its entire stakes in the Saigon Bank for Industry and Trade (SaigonBank) and Viet Nam Cement Finance Company (CFC).
 
 

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