The Ministry of Planning and Investment (MPI) has proposed major incentives including prolonged income tax exemptions for businesses and individuals working in special economic zones in three provinces.
The northern Quảng Ninh Province plans to turn Vân Đồn special administrative-economic zone into a smart, green island urban area, Nguyễn Văn Đọc, secretary of the provincial Party Committee, said.
Travel firms have reported an increasing number of tour bookings for the upcoming three-day holiday for National Day, starting September 2, with beach trips receiving the highest number of bookings.
The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Việt Nam.
The Chanterelle – Spa by JW, part of the JW Marriott Phu Quoc Emerald Bay, has been named the “Luxury Emerging Spa – Regional Winner: South East Asia” in the World Luxury Spa & Restaurant Awards.
Airports across the country served 55.41 million passengers in the period from January to July this year, reported the Civil Aviation Authority of Vietnam.
The partnership between global hospitality operator InterContinental Hotels Group (IHG) and Vietnamese property developer BIM Group in developing InterContinental Phu Quoc Long Beach Residences has brought outstanding investment value to the coastal condotel project on Phú Quốc Island, off the coast of Kiên Giang Province.
At its third session the 14th National Assembly passed a resolution to trial various policies on bad debt settlement and the handling of secured assets for bad debts of credit institutions, branches of foreign banks and State-owned organisations to speed up the settlement of bad debts, which are acting as speed bumps in the banking sector’s development.
Prime Minister Nguyễn Xuân Phúc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations and fewer limitations to woo investments.
The representative of the Sun Grand City Ancora Residence project, belonging to Sun Group, announced a series of attractive policies and gifts under the programme “Driving SH with Ancora.”