Transfer pricing remains an issue

Việt Nam’s laws about transfer pricing remain inconsistent and have many loopholes, causing great loss of State revenue, speakers said on July 19 at a meeting held in Hà Nội.

 

SOE governance needs improvement

The State Capital Management Committee for State-owned enterprises (SOEs) should be empowered to take close watch of the SOEs in order to improve the management of State capital in those companies, according to economist Phạm Chi Lan.

Shares volatile on large-cap stocks

Shares were mixed at closing on Thursday, higher on the HCM City Exchange but lower on the northern bourse, experiencing strong volatility with big variation in large-caps’ prices.

Banks required to control lending

The State Bank of Việt Nam (SBV) has required commercial banks to control their credit growth in line with their capital mobilisation ability and credit growth limits set by SBV.

32 foreign delegations line up for 14th ASOSAI Assembly

As many as 32 Supreme Audit Institutions (SAIs) and international organisations have confirmed that they will attend the 14th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI) slated for September 19-22 in Hà Nội.

Vietjet, Boeing ink deal for 100 new aircrafts

The budget carrier Vietjet will purchase 100 Boeing B737 MAX airplanes, worth a total of US$12.7 billion, following an order contract inked between the two companies at the Farnborough International Airshow 2018 in southern England on Wednesday.

2nd ASEAN expo 2018 kicks off

More than 400 booths introducing typical products from ASEAN countries are being showcased at the 2nd ASEAN Expo 2018 held in HCM City’s Tân Bình Exhibition and Convention Centre.

Vietnamese prestigious exporters honoured

The Ministry of Industry and Trade has officially announced a list of 225 Vietnamese prestigious exporters for 2017, aimed at supporting local firms in promoting exports and expanding markets.

PM urges policies for stable growth in H2

The implementation of financial and monetary policies must assure that the country’s economic growth is stable and protected from strong volatility in the second half of 2018, Prime Minister Nguyễn Xuân Phúc said yesterday.

VN should reform amidst strong growth, says IMF

Việt Nam should undertake more ambitious reforms to tackle remaining distortions and capacity constraints, increase investment and reduce the external surplus amidst strong economic growth, the International Monetary Fund (IMF) recommended in its 2018 Article IV consultation with Việt Nam released recently.

VinFast to use 1,200 remote-controlled robots

VinFast factory will have 1,200 remote-controlled robots operating on nights and weekends. Võ Quang Huệ, Vingroup Deputy CEO-Automotive, shared with local media some thoughts about VinFast amid the technology revolution 4.0 on the sidelines of the Industry 4.0 Summit in Hà Nội last week.

Nestlé sets up new capsule production line

A new production line to produce NESCAFÉ Dolce Gusto capsules for the Vietnamese market and exports went on line yesterday (Wednesday) at Nestlé’s plant in the Amata Industrial Park in Đồng Nai Province.

PV Power Nhơn Trạch reports profit gain

PetroVietnam Power Nhơn Trạch 2 Corporation has reported that its post-tax profit for the second quarter of 2018 rose 41 per cent year on year to VNĐ269 billion (US$12 million).

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