Tax rescheduling proposed to support local automobile industry

The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers. The draft decree recommends that payments over VNĐ4.4 trillion (US$191 million) for October and November be delayed until late December. 

Bargain-hunters flock to shopping malls

Retail stores in HCM City are hearing the sounds of jangling cash registers as shoppers take advantage of sales on offer. And that’s a good sign for economic recovery.

Firms team up to develop the first mini smart city in Việt Nam

Phenikaa-X Joint Stock Company, a member of Phenikaa University in Hà Nội, will work with Viettel Networks and Qualcomm to build a mini-smart city within the Phenikaa University campus, following a Memorandum of Understanding inked between the three sides in Hà Nội on Tuesday. 

Investors warned against investment through unlicensed floors

The State Securities Commission of Vietnam (SSC) has warned investors on the risk of conducting business and investment activities on trading floors that are not organised and operated by the Vietnam Stock Exchange (VNX) and its subsidiaries.

Banks race to increase capital at year-end

State-owned and private joint stock banks have been racing to increase charter capital in the last months of this year to boost financial strength and meet the State Bank of Việt Nam (SBV)’s regulations on capital adequacy ratio.

VPBank and Phố Xanh Group enter an agreement

VPBank and Phố Xanh Group have signed a strategic partnership agreement to meet capital needs for individuals who want to access bank loans to buy real estate distributed by Phố Xanh Group.

Made-in-Vietnam solar panels escape US anti-circumvention investigation

The US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Việt Nam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC).

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