PVN and SCG commit to speeding up LSP complex

Vietnam Oil and Gas Group (PVN) and Siam Cement Public Company Limited (SCG) signed a memorandum of understanding (MoU) on speeding up the process of the Long Sơn Petrochemicals (LSP) Complex in the southern province of Bà Rịa – Vũng Tàu.

Temporary duties on fertiliser may hurt farmers

The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Việt Nam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.

Deputy PM demands tax hike reviews, experts beg to differ

In a recently released conclusion to a meeting on tax law adjustments, Deputy Prime Minister Vương Đình Huệ asked that the Ministry of Finance’s (MoF) controversial new amendment drafts to tax laws be adjusted to meet both the national growth plan and the current economic climate.

TTC signs sugar MOU

The TTC Group on August 18 signed a memorandum of understanding with two prestigious international organisations in the sugar industry, Mitr Phol Group (Thailand) and Vasantdada Sugar Institute (India).

Ex-Ocean Bank executives to be tried again this month

The first-instance hearing of Hà Văn Thắm, former chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank, Ocean Bank, and his accomplices will reopen on August 28, according to the Hà Nội People’s Court. 

APEC members call for new competition provisions in FTAs, EPAs

Amending provisions on competition policy in free trade agreements (FTAs) and economic partnership agreements (EPAs) should be a top priority, participants said at the first working day of APEC’s Committee on Trade and Investment (CTI) at the third Senior Officials Meeting (SOM 3) now being held in HCM City.

Better port connectivity, transport safety needed in Asia-Pacific

Improved transport efficiency and port connectivity are essential to advancing economic integration in the Asia Pacific region, participants said at a transport working group meeting at APEC’s 3rd Senior Officials Meeting (SOM 3) held in HCM City on Aug 18. 

APEC to ensure trade security in the supply chain

Members of APEC’s Sub-committee on Customs Procedure (SCCP) met this morning (Aug 19) in HCM City to discuss ways to ensure trade security in the supply chain, with a focus on prevention of smuggling, commercial fraud, and counterfeit and imitation products, as well as border enforcement of intellectual property rights.

Higher second home tax to pose challenges

The Ministry of Finance (MoF)’s proposal to tax second and additional homes to restrict property speculation and oversupply would face challenges, experts have said.

South Korea provides green urban planning support

The Ministry of Construction (MoC) and the South Korea International Co-operation Agency (KOICA) held a workshop in Hà Nội on Thursday to review implementation of the Green City Planning Decision Support System (GDSS) in Việt Nam. 

PM attends Vietnamese Goods Week in Thailand

During the official visit to Thailand, Prime Minister Nguyễn Xuân Phúc and Việt Nam’s high-ranking delegation yesterday attended and cut the ribbon opening the second Vietnamese Goods Week in Thailand.

Kirin Holdings looks to invest in Sabeco

Japan’s Kirin Holdings Co. Ltd expects to make a long-term strategic investment in Sài Gòn Beer-Alcohol-Beverages Joint Stock Corporation (Sabeco), Việt Nam’s leading beer producer.

Đồng Nai halts construction licensing

The People’s Committee of Đồng Nai Province has suspended the licensing of construction projects in residential areas around the planned Long Thành International Airport in an effort to prevent speculation and higher land prices.

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