Transfer centre to be built in City hi-tech park

The Management Board of the HCM City-based Saigon Hi-tech Park (SHTP) on Wednesday awarded an investment licence to the Tây Sài Gòn (Western Sài Gòn) Vocational College to construct a US$25 million technology transfer centre in the city.

Petrol pump seals increase tax collection

Petrol pumps in all stations nationwide will carry stamped seals by the end of this month as a measure to prevent tax losses and limit fraud, the General Department of Taxation announced yesterday.

City offers soft loans to manufacturing firms

The HCM City People’s Committee plans to offer low-interest loans of no more than VNĐ200 billion (US$8.8 million) with a maximum seven-year term to enterprises operating in the manufacturing or support industry.

Shares drop off after 10-year high

Shares declined unexpectedly yesterday on the two exchanges, beating analyst forecasts of a continued rise after the VN-Index surpassed the previous ten-year high.

VN startup outlook continues to shine

Despite a drop in total dealflow, 2016 was a vibrant investment year for Vietnamese startups, according to a recent Topica Founder Institute (TFI) report.

HCM City to tax social media commerce

The HCM City Taxation Department has announced it will submit a plan for tax collection from online businesses to the City People’s Committee in early April and enact the plan in the same month.

Shandong, Đà Nẵng to seek investment in agriculture

Businesses from the Chinese province of Shandong have been seeking more investment and co-operation opportunities with local partners in the fields of agriculture, trade, agricultural machinery production, farm produce export, bio industry, hi-tech farm and food safety in the central city.

Pangasius industry gets boost

The "Establishing a Sustainable Pangasius Supply Chain in Việt Nam" project (SUPA) has brought significant improvement to the pangasius supply chain, resolving environmental concerns, improving efficiency and ensuring consistent quality, a meeting heard in HCM City on Wednesday.

Petrolimex announces April IPO

The Việt Nam National Petroleum Group (Petrolimex) announced at a shareholder meeting on Wednesday that it will list on the stock market in mid April.

Confidence continues on VN-Index

Shares advanced for a second day on the two exchanges on Thursday as investors continued to show their confidence in the market outlook.

City to offer soft loans to manufacturing firms

The HCM City People’s Committee plans to offer low-interest loans of no more than VNĐ200 billion (US$8.75 million) with a maximum seven-year term to enterprises in the manufacturing or support industry.

Anti-dumping steel tax imposed

The Ministry of Industry and Trade on Thursday officially decided to levy anti-dumping duties on imported coated steel from mainland China (including Hong Kong) and South Korea.

$1.9b trade deficit posted in Q1

Việt Nam reported a trade deficit of US$1.9 billion in the first quarter (Q1) of this year, the General Statistics Office (GSO) announced on Wednesday.

Law to allow bank bakruptcy

The State Bank of Việt Nam (SBV) is drafting a law on supporting credit institutions to restructure and resolve bad debt in an effort to quicken the process.

TFA execution sub-par: experts

Việt Nam must create an efficient intersectoral mechanism to improve the current set of regulatory policies and ensure commitment to a strict implementation of the World Trade Organisation (WTO)’s Trade Facilitation Agreement (TFA), said experts and governmental agencies.

United States and Việt Nam renew trade dialogue

The United States and Việt Nam met on March 27 and 28 under their Trade and Investment Framework Agreement (TIFA) to discuss deepening trade ties and address outstanding bilateral trade issues.

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