State to explore fee cuts for shipping companies

The Việt Nam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.

Deputy PM issues regulations for industrialisation strategy

Deputy Prime Minister Trịnh Đình Dũng has recently issued the working regulations of the Steering Committee for Việt Nam’s Industrialisation Strategy within the Việt Nam – Japan co-operation framework until 2020 with a vision to 2030.

Aviation market sees new growth impetus

Việt Nam’s aviation market is forecast to increase rapidly, fuelled by new growth from the participation of more private carriers and improved infrastructure.

Government moves to legalise P2P lending

The Government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending in the country before officially developing laws for the new form of business, Deputy Prime Minister Vương Đình Huệ said.

Online business forum switches on

About 2,500 delegates are expected to participate in the Vietnam Online Business Forum 2019 in three major cities of Hà Nội, Đà Nẵng and HCM City this month, according to the Ministry of Industry and Trade’s Vietnam E-commerce Association (VECOM).

Bank stocks boost VN markets

Commercial banks lifted Vietnamese markets on Tuesday as investors got a boost from positive changes on global bourses.

Conference discusses measures to create breakthrough in economic growth

Capitalising on the advantages and opportunities brought by economic integration to achieve a breakthrough in economic development and promote the business community and institutional reform will be Việt Nam’s focus in the near future, according to the Ministry of Planning and Investment.

CPTPP helps drive Canadian firms’ interest in Việt Nam

A conference was held in Toronto, Canada on Monday to help small-and-medium-sized enterprises (SMEs) in the country study the Vietnamese market and take advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

January-February budget revenue rises 18.2 per cent

State budget revenue in the first two months of this year totalled nearly VNĐ246.5 trillion (US$10.6 billion), representing a rise of 18.2 per cent over the same period last year and equivalent to 17.5 per cent of the Government’s target for the full year.

Vietnamese đồng given stable outlook

The Vietnamese đồng would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the đồng and the US dollar as well as the stability of the Chinese renminbi, experts said.

Hyatt announces plan for luxury hotel and residences on Phú Quốc

Chicago-headquartered Hyatt Hotels Corporation recently announced that a Hyatt affiliate entered into an agreement with Vietnamese diversified corporation BIM Group to develop 100-key Park Hyatt Phu Quoc hotel as well as 65 residences in Phú Quốc Island, Kiên Giang Province.

Quotas set for salt, eggs

The Ministry of Industry and Trade has issued Circular No 04/2019/TT-BCT setting import quotas for salt, sugar and eggs for the period from April 17 to December 31, 2019.

Orders for wooden product exports soar

Orders for furniture exports have risen strongly so far this year over the same period last year as demand has risen, according to Huỳnh Quang Thanh, chairman and CEO of Bình Dương-based Hiệp Long Fine Furniture Company.

Experts propose higher fuel tax

Researchers of the Central Institute of Economic Management (CIEM) have proposed the Government to levy special consumption tax rate for bio-fuel equal to 50 per cent of the tax rate for gasoline.

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