Việt Nam News

The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016. Circular 83 governs incentives of corporate income tax (CIT), import tax and non-agricultural land-use tax. It provides detailed guidance about applications for tax incentives, especially for investment projects in the fields of science and technology and agriculture.

A four-day Hanoi Gift Show will be held from October 16 to 19 at the National Planning Exhibition Center in the capital.

Tân Liên Phát Investment and Construction JSC, a subsidiary of Vingroup, has announced the suspension of a loan swap worth VNĐ1.2 trillion (US$53.7 million) with Trường Thành Furniture (TTF).

The e-commerce website muahangviet.com.vn, which specialises in selling clean and safe farm produce, debuted yesterday (July 19) in HCM City.

Việt Nam’s medium term outlook remains positive, Achim Fock, the acting country director for the World Bank in Việt Nam said during a review of the country’s economic performance in Hà Nội yesterday.

Minister of Industry and Trade Trần Tuấn Anh at a conference held yesterday (July 19) in HCM City called for more concerted efforts from the Government, localities and businesses to reach the target of 10 per cent export growth this year.

Vietnamese shares yesterday retreated from Monday’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.

Slovakia will boost co-operation with Đà Nẵng in tourism, information technology (IT) and software, Slovakian Prime Minister Robert Fico said in a meeting during his visit to the city on July 19.

Around 200 business leaders, industry experts, policymakers and Government officials will participate in the 2016 Việt Nam – Singapore Business Forum starting in HCM City on July 20.

The United States (US) and Việt Nam signed an agreement on Monday (US time) to resolve disputes over American anti-dumping duties on Vietnamese shrimp, Việt Nam News Agency reported.

PetroVietnam will continue to boost oil and gas exploration and exploitation activities this year to offset the impact of the slow recovery in crude oil prices and higher costs.

Việt Nam Railways has offered 51.13 per cent of charter capital in Railway Import - Export and Supply Material Equipment JSC (Virasimex) today, the Hà Nội Stock Exchange said.

Hà Long Investment and Consulting JSC (Halcom) listed 30 million shares (HID) on the HCM Stock Exchange (HoSE) in July.

Lâm Thao Fertilizers and Chemicals JSC (LAS) would issue more than 35 million shares as bonus to its existing shareholders soon.

Deputy Prime Minister Vương Ðình Huệ called on Slovakian businesses to make further investments in Việt Nam during a business conference yesterday in the capital.

Deputy Prime Minister Vương Đình Huệ said Việt Nam must be selective in attracting foreign direct investment (FDI) to ensure it’s suitable for the nation’s economic restructuring and development of the private sector.

The Việt Nam Association of Seafood Exporters and Producers (VASEP) has proposed solutions to the Government to resolve current difficulties and promote seafood exports.

Finance companies have mobilised capital more effectively after the authorities let them issue deposit certificates.