By February 20 this year the southern province of Dong Nai had attracted US$330.37 million in foreign direct investment (FDI). According to the provincial Department of Planning and Investment, the province licensed nine new projects with a total registered capital of $85.72 million, alongside nine existing projects, which contributed a further $244.65 million. The province currently has 1,084 ongoing projects worth $20.339 billion.
Thoi Bao Kinh Te Viet Nam (Viet Nam Economic Times)
Vietnamese goods fair opens in An Giang
The six-day Vietnamese high-quality products fair opened in An Giang Province on Tuesday, the first in a chain of nine fairs that will be held this year.
The fair, organised by the Business Association of High-Quality Vietnamese Goods and the An Giang Trade and Investment Promotion Centre at An Giang University, has 400 booths showcasing products from 180 businesses, including garments, textiles, footwear, handicrafts, food, and electrical goods.
Dau Tu (Viet Nam Investment Review)
Smuggled cigarettes cost State VND6.5t
According to Viet Nam Tobacco Association, there are 17 billion cigarettes smuggled in to Viet Nam every year, accounting for 20 per cent of domestic market.
In the last five years, the smuggled cigarettes have cost the state budget VND6.5 trillion (US$309.5 million)a year in lost revenue. In a press conference about the new law on special consumption tax, Pham Kien Nghiep, secretary general of the association, said it had proposed to the Prime Minister a delay in passing the law, because the tax increase will be hard on domestic tobacco companies, especially while the smuggling is still out of control, he said.
Tuoi Tre (Youth)
Drivers in transport industry to be tested
The Ministry of Transport has requested that the Directorate for Road Administration in Viet Nam, departments of Transport, Viet Nam Register, and the Viet Nam Automobile Transportation Association, all carry out health checkups on their drivers and ensure all their vehicle registration documents are up to date.
Accordingly, provinces and cities need to cooperate with health and other revelant departments, to complete the checkups before the end of April, to prevent drivers with substandard health, from driving business vehicles. The task will be supervised by the Directorate for Road Administration of Viet Nam.
Sai Gon Giai Phong (Liberated Sai Gon)