Outstanding loans of twelve inefficient projects amount VNĐ21 trillion

The outstanding loans of twelve inefficient projects under the Ministry of Industry and Trade totalled nearly VNĐ21 trillion (US$905 million) as of the end of 2019, most were overdue, according to the Government’s report to the National Assembly.

Rubber plantations converted into industrial land

There is a rising wave of converting rubber plantations into industrial land as developers eye spots for industrial zones to capture opportunities from global value chains.

Four-month State budget revenue posts drop as Gov’t offers tax relief

The State budget revenue in January – April was estimated to total VNĐ491.38 trillion (US$21.18 billion), representing a drop of 5.9 per cent against the same period last year.

Ministry to support businesses to ensure budget revenue

The Ministry of Finance would focus on improving the business climate and creating favourable conditions for businesses to accelerate growth which was important to ensure State budget revenue in the context of COVID-19 pandemc which was heavily weigh on the socio-economic development.

European enterprises hit hard by COVID-19, says BCI The global COVID-19 pandemic has had a significant, negative impact on European business in Việt Nam, according to the latest Business Climate Index (BCI) from the European Chamber of Commerce (EuroCham). 

Vietnamese enterprises must improve capacity to adapt to COVID-19's impacts: official Trương Thanh Hoài, head of the Industry Department of the Ministry of Industry and Trade talks to Hải Quan (Customs) newspaper about businesses adapting to COVID-19’s impacts

Exemption of business license fee to promote start-ups The Government will waive business licence fees for a number of companies to improve the business climate and promote entrepreneurship.

Hà Tĩnh hoped to rank among top economic performers in near future

Prime Minister Nguyễn Xuân Phúc had a working session with leaders of Hà Tĩnh on Wednesday, during which he asked the central province to work harder to become one of the 20 localities with the highest growth rates soon.

Czech Deputy PM values Vietnamese firms’ law-abiding awareness

Deputy Prime Minister and Finance Minister of the Czech Republic Alena Schillerova spoke highly of Vietnamese businesses’ adherence to her country’s laws while attending a workshop in Prague on Saturday.

Logistics industry problems persist: conference The logistics industry in Việt Nam, especially HCM City, continues to faces challenges like red tape and traffic congestion near border gates despite progress made in facilitating trade, Đinh Ngọc Thắng, head of the city Department of Customs, told a conference on February 28.