Gov’t to fine bad weather forecasters

Several new Government’s policies come into effect this month, including regulations on credit institutions and foreign bank branches, payments for those involved in searching for and collecting remains of war matyrs, and fines for incorrect weather forecasts.

New temporary import for re-export regulations next month

The Ministry of Industry and Trade has issued a new circular on temporary import for re-export and temporary export for re-import, which will take effect from September 11.

Importers must heed rules for invoices Enterprises circulating imported goods in the market should heed the important regulations on invoices, documents, such as their types and time limits of production, and the handling of relevant violations.

Invoices, documents a must for imported goods Enterprises in the circulation of imported goods in the market should follow important regulations on invoices, documents (showing their type and time limits on production), and the handling of violations.

Management of gold market in line with law, says State Bank The State Bank of Viet Nam has said its management of the gold market has been compliant with existing laws and regulations.

SBV offers gold traders leeway The State Bank of Viet Nam will allow some commercial banks to temporarily export and re-import gold bars this month, the State Bank announced on Wednesday after a meeting with commercial bank representatives.

Petrol smugglers face charges The Anti-Smuggling and Investigation Department under the General Department of Viet Nam Customs has found firm evidence to prosecute the Viet Nam Air Petrol Company (Vinapco) for tax evasion involving billions of Vietnamese dong.

Sugar imports to rise in August The Ministry of Agriculture and Rural Development said the volume of sugar for sale in the past month increased by 150,000 tonnes compared to the same period last year.

Group urges sugar price stabilisation The re-import of sugar is necessary in order to stabilise prices in the domestic market, according to a proposal by the Viet Nam Sugarcane Association sent to the Ministries of Agriculture and Rural Development as well as Industry and Trade.

Footwear to focus on local sales Viet Nam's footwear industry intends to corner 80 per cent of the domestic market up to 2015. This bold claim will prove a big challenge in a market of 86 million people who prefer foreign and illegally imported shoes.