Simplified tax and customs procedures would attract more foreign investors to Việt Nam, said South Korean Ambassador Kim Do-huyn at a conference in Hà Nội on September 17.

Vietnamese shares declined on Monday after rising for six consecutive sessions, as large-cap stocks underperformed as investors made sales in pursuit of short-term profits.

The General Department of Customs (GDC) announced another four banks that qualify to provide its 24/7 e-tax payment scheme, raising the total to 22 banks.

Vietnamese businesses imported nearly 10,000 completely built cars in August, up 50 per cent compared with the previous month, according to the General Department of Vietnam Customs.

State-owned Vietcombank raised interest rates for long-term đồng deposits last week after more than a year of rates remaining unchanged.

Exports from the Czech Republic to Việt Nam surged 580.5 per cent to more than US$45.5 million in July from the previous month, much higher than the monthly average of $7-10 million, according to the Czech Statistical Office.

Hà Nội People’s Committee has approved a 1:500 scale plan of Vibex urban area which covers more than 48.5 hectares in Bắc Từ Liêm District with a population of 7,000.

A draft regulation that would require banks to provide details of customers’ accounts to tax authorities has been causing controversy.

With large shipments in the first eight months of the year, Việt Nam’s forestry sector expects to fulfill this year’s export target of US$9 billion a month ahead of schedule.

The spirit of entrepreneurship is key to the development of startup businesses in Southeast Asia and for Vietnamese startups in particular, according to Đinh Thị Quỳnh Vân, general director of PricewaterhouseCoopers (PwC) Vietnam.

According to the Việt Nam Real Estate Brokers Association last year around 23,000 units of condotels, or condo-hotels, were offered for sale, and 65-70 per cent of them were snapped up.  However, demand for condotels seems to be falling.

Three years after a groundbreaking decree opened public companies to foreign ownership, less than four per cent of eligible firms have removed their foreign ownership ceiling.

Phú Quốc Island in the Mekong Delta province of Kiên Giang is pouring more investment in tourism and transport infrastructure to become a driving force for development in the region.

 The VN-Index is forecast to extend its growth next week and conquer the 1000-point threshold, analysts said.

Construction of a US$42 million solar power plant commenced on Sunday in the southern province of Long An’s Thạnh Hóa District.

Vietnamese companies, especially those in the Cửu Long (Mekong) Delta, should participate in trade promotion programmes if they want to expand exports to Japan, according to the Việt Nam Trade Promotion Agency (Vietrade).

 The central province of Phú Yên is determined to improve its business climate and enhance investment promotion to attract capable investors who can help exploit its untapped potential.

The Mekong Delta province of Kiên Giang is calling for investment in 81 projects in fields such as tourism, commerce, environment, high-tech agriculture and others.