Bình Dương attracts more FDI

Bình Dương Province as of September has attracted more than 3,430 FDI projects with over US$31.4 billion of registered funds, ranking among the top three in the country in FDI attraction, after HCM City and Hà Nội.

Licogi 16 earns $70m revenue in nine months

Licogi 16 Joint Stock Company (Licogi 16) posted consolidated sales of nearly VNĐ1.62 trillion (US$69.38 million) in the first nine months of 2018, a year-on-year increase of 93 per cent.

Coffee exports rise, but value stagnates

Việt Nam exported 1.46 million tonnes of coffee worth US $2.77 billion in the first three quarters of 2018, an increase of 20.1 per cent in volume and 0.4 per cent in value compared to the same period last year.

MoIT makes case for crypto mining

The Ministry of Industry and Trade (MoIT) has proposed not to suspend the imports of cryptocurrency mining machines (HS code 8471.80.90) in order to the ensure the production and business activities of enterprises.

Credit growth must be controlled

Authorities need to closely control the rapid increase in Việt Nam’s credit-to-GDP gap so as not to cause high inflation as in the past, experts have warned.

HN aims to collect $55.5m a day

 The Hà Nội State Treasury set a target to collect VNĐ1.3 trillion (US$55.5 miilion) per day, said Đào Thái Phúc, director of the Hà Nội State Treasury, at a meeting last Saturday.

VinaChem Expo in HCMC next month

The Vietnam International Exhibition on Chemical Industry (Vinachem Expo 2018) will be held in HCM City from November 28 to December 1, offering a platform for domestic and foreign businesses to exchange information and explore business opportunities.

NFSC proposes lowering corporate income tax on SMEs

Corporate income tax levied on small and medium – sized enterprises (SMEs) should be reduced to promote the business development, a solution together with broadening tax base to increase budget revenue from business and production.

Grab to operate as traditional taxi

Ride hailing firms like Grab may soon have to display electronic lights on their cars showing the word ‘TAXI', if the Government approves a proposal from the Ministry of Transport (MoT).

Bull trap doesn’t mean stable rally: analysts

 Investors need to closely monitor market trends and signals to assess whether the market will likely experience a bulltrap after last Thursday’s shocking decline—and to determine whether this stage is one of more risk than opportunity.  

Corporate development criteria released

A set of criteria to evaluate the corporate development of the country and of each province and city were released at a press conference on Saturday in the capital.

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