When a good policy turns into bad debts Five years after the Government issued Decree 67, which aimed at supporting fishermen to build bigger and more modern steel-hulled boats able to resist bad weather and venture further into the sea, the decree has hardly been a panacea for the country’s fishermen.

NA mulls cutting road fees

The move would be a boon for many businesses as road fees have reduced their competitiveness.

Import duties to be eliminated for auto parts: MoF The Ministry of Finance plans to eliminate the import tax for auto materials and parts in order to support the development of the country’s automobile industry.

Measures needed to curb unhealthy airline competition

Unhealthy competition among air carriers has led to damaging practices such as forcing pilots to fly more than the permitted number of hours and paying high salaries to poach pilots from other airlines, behaviours that must be stopped to ensure the safety of passengers, according to Deputy Prime Minister Trương Hoà Bình.

HCM City seeks to clean up public bus subsidy regime HCM City has ordered its Department of Transport to review the subsidies paid to bus companies since 2011 after inspectors recently concluded they have indulged in fudging of figures and other wrongdoing to get larger subsidies.

NA Standing Committee clarifies planning law

Lawmakers at the ongoing meeting of National Assembly (NA) Standing Committee approved a resolution on Tuesday to clarify vague definitions mentioned in the Law on Planning.

Draft circular on gold business licensing released The State Bank of Vietnam (SBV) has publicised a draft circular that would adjust existing regulations managing gold trading, Thời báo Kinh tế Việt Nam (Vietnam Economic Times) newspaper reported.

New decree issued to promote rice exports More than 40 businesses have been added to the list of rice exporters under the Government’s newly revised decree on rice export, according to the Ministry of Industry and Trade’s Import and Export Department.

Importance of knowing a gift from a bribe On August 15 the Government Decree No.59/2019/N-CP will come into force. The newspaper Sài gòn Giải phóng interviewed Mr Lê Quang Thưởng, former Permanent Deputy Director of the Organizing Board of the Vietnamese Party Central Committee on how to deter bribery disguised in the form of gifts.

Huỳnh Đế crabs bring better income to Phú Quý Island fishermen At 1 o’clock in the morning every day, unless it is very windy, Nguyễn Văn Sĩ of Phú Quý Island goes out 185km into the sea to catch Huỳnh Đế crabs, also known as red frog crabs.