Update news budget

Budget, zero-dong tours in need of tighter control

 Budget and zero-dong tours in Vietnam are in need of tighter control from local authorities and relevant agencies as they are showing signs of fraud, tax evasion and sales of products without clear origins to tourists.

Budget, language constraints hinder InfoSec project

 Funding shortages and foreign language deficiencies have hindered the nation’s efforts to strengthen information security in the digital era, experts said.

NA discusses socio-economic development, budget

 The National Assembly (NA) on Tuesday started a two-and-a-half day discussion about the social-economic development and budget estimates for 2018.

Vietnam’s online advert market explodes

VietNamNet Bridge - The Vietnamese online ad market has been growing fast with an annual growth rate of 100 percent, according to Nguyen Anh Tuan, managing director of Adtima ad firm.


 Japanese firm buys $9 million stake in Vinatex; Top 50 business leaders honoured; Vietnamese exporters expand US market share; Industrial production goes up in 10 months; Business climate for Vietnam’s manufacturing sector improved: HSBC

Gifted students need suitable learning environment

Many Vietnamese children who show outstanding abilities at a very young age later can fall behind if they do not learn in schools suited to their capabilities.

Public debt concerns allayed

Finance Minister Dinh Tien Dung yesterday said that Viet Nam's public debt is still within manageable levels at 54.1 per cent of the GDP in 2013.

Fishermen, coast guard to benefit from 16 trillion VND

The National Assembly on June 9 decided to spend 16 trillion VND (752 million USD) assisting fishermen to build offshore fishing vessels and equipping fisheries surveillance and coast guard forces.

Political News Headlines 18/4

 NA committee discusses 2012 budget, casino business; Vietnam, Germany promote legislation relations; Vietnam-India strategic partnership develops well; Vietnam, Russia discuss extending partnership areas


 Firms with bad debt can still seek new loans; Smartphone market share expands; Assoc. says cashew business needs not be conditional now; HCM City to host International Cycle Show 2013; Tra fish industry caught in a trap

Committee chairman explains state wage stasis

  Chairman of the National Assembly’s Finance and Budget Committee Phung Quoc Hien sheds some light on why it would be difficult for the government to hike wages of state administrators given current conditions.

Vietnam is on tight budget, but generous in spending money

 VietNamNet Bridge – Economists have warned that Vietnam’s public debts would be no longer within the safety line after 2015, when it has to reserve 1/3 of the annual budget to pay debts.


 Japan to pump 30 bln yen into buying Vietnamese SOE debts; B-WTO supports Vietnam’s global economic integration; Setting a sustainable pangasius supply chain; New companies outnumber old in HCM City


 VN strengthens investor protection, says WB; Phu Yen destined for Viet Nam Seafood Festival 2014; Vietnam-UK trade turnover sees strong growth; Vietnam seeks trade balance solutions; Vietnam opts for solid, feasible economic growth

One and all businesses evade tax, national purse torn

Big enterprises have been found as evading tax--foreign invested enterprises were involved in transfer pricing scandals, while state owned economic groups repeatedly insist on tax exemption and reduction.

Obama presses Congress to pass budget, avert default

U.S. President Barack Obama Saturday urged Congress to pass a budget to reopen the government and remove the threat of debt default.

Poor corporate health feared to hit budget revenue

 Minister of Finance Dinh Tien Dung has voiced his concern over State budget revenue losses due to declining corporate health.

Tour vouchers: the cheapest is the dearest

While tour vouchers have become too familiar to travelers in developed countries, they still have been refused by Vietnamese travelers, who believe that the cheapest is the dearest.


 IDA Credits for better health care, R&D in Vietnam; Hanoi targets 8.5-9.45 pct growth in second half; Fuel traders petition ministry for another petrol price hike;  Local steelmakers call for action on anti dumping

Mobile ad market in Vietnam prospers

The businessmen at the 2013 CMO Vietnam, the marketing communication forum, held in HCM City some days ago, all noted the inevitable move of the society’s life towards Internet and Mobile.