Foreign direct investment (FDI) enterprises, which have enjoyed multiple tax incentives, pay the lowest state taxes despite reporting high profits, statistics show.

The Directorate of Fisheries (DoF) under the Ministry of Agriculture and Rural Development has signed a cooperation agreement with Việt Nam Posts and Telecommunications Group (VNPT) for applying information technology (IT) in fishery resource management.

VinFast Manufacturing and Trading Company Limited has launched a Training Centre for Mechatronics and Mechanical Engineering in Đình Vũ-Cát Hải Economic Zone in the northern port city of Hải Phòng.

The Ministry of Information and Communications (MIC) asked relevant departments and agencies to strictly handle violations related to the management of pre-activated SIM cards.

The HCM City Real Estate Association (HoREA) has recommended real estate companies transform themselves into publicly listed joint-stock businesses so they are able to seek greater funding to improve business performances in 2018.

The participation of foreign investors in Việt Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.

Deputy Prime Minister Vương Đình Huệ has asked ministries to strengthen the management of temporary import of cars of individuals who enjoy privileges and tax exemptions in Việt Nam.

Việt Nam’s steel industry will be able to produce enough hot-rolled steel in 2018 to meet local demand. Before, the nation had to import millions of tonnes of hot-rolled steel products every year.

Prime Minister Nguyễn Xuân Phúc has urged trade counsellors to assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sales of Vietnamese products abroad.