Finance Ministry proposes new tax on pickups

The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 per cent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their cost.

State monopolises 20 public goods, services

According to Government-issued Decree 94/2017/NĐ-CP, to take effect from October 1 this year, up to 20 types of public goods will be traded and monitored solely under State monopoly with clear direction from the Prime Minister’s Office.

Medi Pharm Expo opens in HCM City

The two-day event will showcase medical equipment, health care products, pharmaceuticals, food supplements, cosmetics, processing equipment and dental facilities, among others.

Turkey to apply temporary measures on VN yarn

Turkey’s General Directorate for Imports has issued a notice on applying temporary anti-tax avoidance measures on Partially Oriented Yarn (POY) imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Việt Nam, according to the Việt Nam Competition Authority.

10 Vietnamese to participate in SCPC 2017 final

Samsung Việt Nam announced on Tuesday the top 10 contestants from Việt Nam who would participate in the final round of the Samsung Collegiate Programming Cup (SCPC) 2017 in South Korea on August 17.

HoSE appoints new acting chairman

The Ministry of Finance has appointed Lê Hải Trà as new acting chairman of the Hồ Chí Minh Stock Exchange (HoSE), starting August 14.

Cổ Chiên IZ to be built for $53m

The People’s Committee of the southern province of Trà Vinh has granted a licence to the Đông Đô Southern Construction and Investment Joint Stock Company to build the Cổ Chiên Industrial Zone.

Việt Nam: 30 years of FDI and counting

Việt Nam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies.

High-tech farming development sluggish

The development of high-tech agriculture in Việt Nam remains sluggish due to unplanned and small-scale production, and is not commensurate with the country’s comparative advantages and efforts.

Domestic, int’l factors aid rate cut

According to the National Financial Supervisory Commission, many supporting factors in both the domestic and international markets could help an interest rate cut until the year-end.

Market rebounds on large-caps

Shares rebounded yesterday after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks.

Bắc Giang posts high growth in loans

Outstanding loans of credit institutions in the northern Bắc Giang Province touched VNĐ34.4 trillion (US$1.52 billion) in the first seven months of 2017, up 10 per cent since last December.

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