PM backs VAT exemption for animal feed
The Prime Minister is supporting the proposal of the Ministry of Finance to include animal feed in the list of products exempted from value added tax (VAT) payment.
SOEs slow to withdraw from non-core businesses
For the last three years, most State-owned enterprises (SOEs) have had stable operations with acceptable profits, but capital withdrawal from their non-core businesses contiues to be sluggish.
Banks struggle to meet regulations
High costs and a lack of data are preventing Vietnamese banks from meeting the 2015 deadline set for the implementation of Basel II regulations in the country.
Expectations lofty as Lotte Center opens in Ha Noi
High-rise skyscraper Lotte Center Hanoi held its official grand opening ceremony yesterday. Built in the style of the Vietnamese traditional ao dai, the 14,000 sq. m. building also incorporates advanced construction technology from South Korea and features 70 floors with offices, shops, serviced residences and five-star hotel rooms.
Machinery import rules worry firms
The Prime Minister has agreed to postpone the implementation of a circular on importing used machinery, equipment and technology.
Foreign exchange control of FDI activities
The State Bank of Viet Nam (SBV)'s Circular 19/2014/TT-NHNN (11 August 2014) guides foreign exchange control of foreign direct investment (FDI) activities in Viet Nam such as contribution of investment capital, opening and use of direct investment capital accounts, remittance overseas of capital, profit and other lawful income and transfer of capital into Viet Nam in the pre-investment phase.
Tea exports plunge on quality issues
Vietnamese tea exports fell but its average market price rose in the first eight months of 2014, based on figures from the Ministry of Agriculture and Rural Development (MARD).
Trade with Brazil surpasses $1.7b on export growth
Bilateral trade between Viet Nam and Brazil reached more than US$1.74 billion in the past seven months, with $770.3 million coming from Vietnamese exports.
VN eyes investment fund development
The rising wave of mergers and acquisitions (M&A) in Viet Nam is a good opportunity to promote the development of investment funds such as private equity and venture capital.
Optimism drives stock market gains
The stock market continued to gain strongly last week. On the Ha Noi Stock Exchange, the HNX-Index jumped 4.4 per cent compared with the previous Friday's close to 87.04 points.
EVN purse strings tightened
The Prime Minister has issued Decree 82/2014/ND-CP on the financial management of Vietnam Electricity (EVN).
City may slap maintenance fee on motorbikes
City may slap maintenance fee on motorbikes

Motorbike users in HCM City will have to pay a road maintenance fee from next year if a recent proposal by the Department of Transport is passed by the People's Council at its session in September.

Car industry in need of overhaul
Car industry in need of overhaul

Mechanical engineering is the key to the growth of Viet Nam's underdeveloped car industry, which is plagued by too many small operators, limited production of sophisticated components and a low localisation rate.

Highlight

President leads tribute to war hero who stood up to colonialism 1    President leads tribute to war hero who stood up to colonialism

President Truong Tan Sang yesterday attended a ceremony marking the 150th anniversary of the death of Truong Dinh, a national hero in the war against the French, in the Mekong Delta province of Tien Giang.

Viet Nam topple Japan in int'l Robocon finals Viet Nam topple Japan in int'l Robocon finals

The Lac Hong University Robocon team yesterday triumphed over their Japanese rival to take out this year's International Robocon contest in Pune, India.

How to eat to beat the heat: lessons from Asian tradition 2    How to eat to beat the heat: lessons from Asian tradition

At a recent English conversation get-together, I chose the topic - How to beat the heat? I also chose a second topic - Ways to calm down when one gets hot-headed.

Government refuses to give preferential policies to Vinalines in debt restructuring Government refuses to give preferential policies to Vinalines in debt restructuring

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

Vietnamese lions to roar again Vietnamese lions to roar again

In the near future, foreign-style stone lions with fierce looks, large paws and sharp teeth are expected to be removed from relics, pagodas and temples throughout the country.