Việt Nam News

Two years after it came into effect, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has helped Việt Nam boost its exports and open the door to trade in the Americas, Deputy Minister of Industry and Trade Đỗ Thắng Hải told a seminar in Hà Nội on Tuesday.

The HCM City Department of Tax has sought approval from the People’s Committee to introduce a rent tax, and will start by trialling collection from apartment owners who have leased them out.

Rakuten Viber is set to expand its group video calling capacity to 30 participants in response to growing demand and usage.

HCM City aims to develop mobile commerce and expand e-commerce coverage in domestic markets until 2030, focusing on high quality platforms and co-operation between platforms and businesses.

The price of construction steel is now nearly VNĐ19,000 per kg. With construction steel accounting for about 28 per cent of the building cost for an apartment and 35 per cent of the cost of a semi-detached house, insiders said the cost to build a house had soared.

Vice director of Việt Nam Administration of Forestry Bùi Chính Nghĩa told the online newspaper of Government chinhphu.vn about the impressive growth of Việt Nam’s timber and wooden product sector, particularly amid the COVID-19 pandemic

The tax watchdog was eyeing further reforms in the 2021-30 period with focus on simplifying tax procedures and applying information technology in management to contribute to improving the business climate and bringing Việt Nam to the top 30 in the world in terms of the ease of doing business.

The foreign direct investment (FDI) sector would be continually an important driver, contributing to make Việt Nam more prosperous in the coming time, Deputy Prime Minister Phạm Bình Minh affirmed.

Việt Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) plans to raise a large amount of capital in 2021 by issuing VNĐ4 trillion (US$173.3 million) worth of bonds this year.

The Việt Nam National Petroleum Group (Petrolimex or PLX) targets to earn VNĐ135.2 trillion (US$5.86 million) and VNĐ3.36 trillion in revenue and pre-tax profit this year, an increase of 9 per cent and 238 per cent year-on-year, respectively.

Shares ended mixed on Tuesday, with the market benchmark reversing course on large-cap stocks as domestic and foreign investors flocked back. 

The Civil Aviation Authority of Việt Nam has warned that flight slots that are unused for five weeks in a row since March 28 would be taken away.

Bamboo Airways has maintained its top spot with the most on-time performance and lowest rate of flight delays and cancellations of all Việt Nam’s commercial airlines, according to newly-released statistics from the Civil Aviation Authority of Việt Nam (CAAV).

Millennium Energy Vietnam Co Ltd, a member of the US-based Millennium Group, has proposed to develop a liquefied natural gas (LNG) project in Sóc Trăng Province.

Indochina Kajima Development Limited (Indochina Kajima), a joint-venture of Indochina Capital and Kajima Corporation has signed a strategic partnership with VietinBank.

HCM City is focusing on developing its infrastructure system serving e-commerce amid the rising trend in online shopping, according to the city’s Department of Industry and Trade.

Coteccons Construction Corporation (CTD) plans to post revenue of VNĐ17.4 trillion, up 20 per cent compared to 2020 with after-tax profits estimated to reach VNĐ340 billion.

Support is to be provided to small and medium – sized enterprises (SMEs) enabling them to use intellectual property (IP) rights to build stronger, more competitive and resilient businesses, said Đinh Hữu Phí, Director of the Intellectual Property Office of Việt Nam.