Vinacomin clarifies tax confusion
Vinacomin clarifies tax confusion
The Viet Nam National Coal-Mineral Industries Holding Corp (Vinacomin) has clarified a statement on the export of aluminum oxide (alumina).
Constipated credit flows stunt enterprises
Constipated credit flows stunt enterprises
Improving credit flows between banks and enterprises was important at a time when bad debts remained uncleared and businesses were struggling, a seminar in Ha Noi heard yesterday.
Moody's rating for VietinBank ‘stable'
Moody's rating for VietinBank ‘stable'
Moody's Investors Service yesterday affirmed the debt and deposit ratings of the Viet Nam Bank for Industry and Trade (VietinBank) as B2 in local currency and B3 in foreign currency. The outlook on the bank's ratings is stable.
SME owners determined to succeed
SME owners determined to succeed
The latest survey from Regus, the world's largest provider of work places, shows that up to 89 per cent of Vietnamese entrepreneurs from small and medium-sized enterprises (SMEs) would continue to pursue a business career if they had a chance to redo things.
Restructured Viettel to concentrate on core business
Restructured Viettel to concentrate on core business
Viettel corporation's charter capital will be doubled to VND100 trillion (US$4.7 billion) after restucturing, reports VnExpress online.
Government report lifts market
Government report lifts market
Shares climbed towards the end of yesterday's session on the two national stock exchanges amid investor optimism over positive outcomes from the Government report at the National Assembly meeting which opened that morning in Ha Noi.
Partnerships key to infrastructure
Partnerships key to infrastructure
Investments under the public-private partnership (PPP) model would be encouraged in HCM City to develop key technical infrastructure projects, a Sai Gon Giai Phong (Liberated Sai Gon) report has said.
Foreign brands set bar high
Foreign brands set bar high
Domestic retail businesses should increase connections with producers and distributors to provide professional services as they prepare to face fierce competition from foreign brand names.
SaigonCo.op joint venture opens outlet
SaigonCo.op joint venture opens outlet
The Saigon Co.op – FairPrice joint venture late last week opened its first Co.opXtra Plus hypermarket in HCM City's Thu Duc District.
VietinBanksells 20% stake to Bank of Tokyo
VietinBanksells 20% stake to Bank of Tokyo
Viet Nam Industry and Trade Joint Stock Bank (VietinBank) has finished selling nearly 20 per cent of its shares to Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU).
Dong Nai set to revoke 39 project licences
Dong Nai set to revoke 39 project licences
The Dong Nai Department of Planning and Investment has asked the provincial authorities to revoke the licence of 39 projects worth US$2.195 billion because they have been delayed for too long. Four of these are FDI projects.

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Business Insight
Viet Nam to gain from trade flow shift
Viet Nam to gain from trade flow shift

Noel Quinn, HSBC Group General Manager and Regional Head of Commercial Banking Asia Pacific recently had a visit to Viet Nam, one of HSBC's important markets.

Banking - Finance
Constipated credit flows stunt enterprises

Improving credit flows between banks and enterprises was important at a time when bad debts remained uncleared and businesses were struggling, a seminar in Ha Noi heard yesterday.

Markets
Government report lifts market

Shares climbed towards the end of yesterday's session on the two national stock exchanges amid investor optimism over positive outcomes from the Government report at the National Assembly meeting which opened that morning in Ha Noi.

Hightlight

Tax code reforms to decipher dependents Tax code reforms to decipher dependents

People who are dependent on personal income tax payers will be given their own tax codes to avoid people lodging claims as dependents of more than one taxpayer.

Farmer-firm linkups remain elusive despite Gov't efforts Farmer-firm linkups remain elusive despite Gov't efforts

More than 10 years after the Government unveiled policies to encourage tie-ups between farmers and businesses, the proportion of farm produce sold through such contracts remains modest.

Buddha statues highlight heritage Buddha statues highlight heritage

An exhibition of Buddhist artefacts from the 11th to 20th century opened yesterday at the HCM City-based Xa Loi Pagoda.

Australian book to provide ‘limitless' inspiration Australian book to provide ‘limitless' inspiration

A book by Australian limbless victim Nick Vujicic was launched in Vietnamese yesterday.