FDI enterprises increase but more losses reported The number of foreign direct investment (FDI) enterprises continues to increase in Việt Nam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms' contributions were not yet commensurate with the preferential policies given to them.

Top 10 events of the Vietnamese securities market in 2020

State and enterprises need more cooperation in building policies for corporates

The Government has issued supportive policies for domestic enterprises to cope with difficulties due to the COVID-19 pandemic. However, the policies have not reached expected efficiency while the difficulties are predicted to continue next year.  Việt Nam Chamber of Commerce and Industry Chairman Vũ Tiến Lộc spoke to Việt Nam News about this issue.

How much did C.T Land lose?

In the post-Covid-19 period the economy has seen great volatility and many businesses have suffered heavy losses, while many property developers have taken out tens of billions of Vietnam Dong in outstanding loans.

Sacombank accepts domestic tax payments via Internet Banking Individual customers can now pay personal income tax and individual business household tax (license, VAT and income taxes) via Sacombank Internet Banking (iSacombank.com) instead of having to come to tax agencies, the State Treasury, or banks.

Grab hikes fees, drivers worry about lower income, passengers switching to other apps

The rail-hailing app Grab’s recent move to increase fees triggered concerns among drivers that they would earn less as passengers switch to other transportation service providers.

Korean investors seek opportunities in Đà Nẵng IT Park Representatives of almost 30 Korean firms have been seeking investment opportunities in the Đà Nẵng Hi-tech Park after paying a field visit to the new operated surface-mount technology (SMT) factory on December 4.

Tax on bonus share selling still controversial: experts

Starting on December 5, investors will have to pay a 5 per cent individual income tax if they want to sell bonus and dividend shares in accordance with Decree 126/2020/NĐ-CP.

South Korean firms in Việt Nam can reap FTAs benefits South Koreans investing in Việt Nam can capitalise on preferential treatment under free trade agreements (FTAs) that Việt Nam has signed to boost exports, one top official said.

Govt should streamline real estate laws, focus on social housing: conference

The country's authorities should focus on amending real estate laws to eliminate inconsistencies and incorporate policies to encourage social housing over the next decade, a conference heard in HCM City last week.