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Businesses
Update news Businesses
VietNamNet Bridge – More businesses in Viet Nam have either suspended or shut down operations in the first three quarters of 2014,
99.9% of Vietnamese enterprises are super small
Of the more than 500,000 operating enterprises in
Vietnam, up to 95-96% are small and super-small ones. If
household-scaled businesses are added to the statistics, the percentage
of small, super-small and micro-enterprises may account for 99.9%.
Businesses thirsty for information
VietNamNet Bridge – Vietnamese businesses have been planning their
business strategies based on their feelings or the data from unclear
sources. They do not know where they should go to find reliable
information.
Demand rises for seasonal workers
VietNamNet Bridge – Many enterprises, restaurants and supermarkets in
Ha Noi and HCM City need more seasonal workers as the Lunar New Year
holidays are approaching.
Complicated playing rules “help” businesses evade tax
VietNamNet Bridge – It is the legal loopholes existing in complicated
laws which have lent a hand to businesses in evading taxes.
Thousands of workers won’t have Tet bonus
VietNamNet Bridge – In the current big economic difficulties,
businesses would have to fasten their belt and reserve limited budgets
for Tet bonus for workers, according to the Ministry of Labor, War
Invalids and Social Affairs.
Import-export companies weep from new customs regulation
VietNamNet Bridge – The new regulation on the procedures for customs
clearance has led to the fact that imports and exports have got stuck at
customs and management agencies.
BUSINESS IN BRIEF 8/11
Footwear exports aim for US$8 billion; ÆON Japan invests in Vietnam; Businesses suggest tax, customs overhaul; FDI up 65.5% in 10 months; Hanoi to host 28th Asian Advertising Congress
Tax agencies disagree, businesses like fish on chopping board
VietNamNet Bridge – Businesses complain that they always meet with
difficulties when getting tax refund, even though the VAT refund has
been stipulated by the laws.
Irrecoverable debts on sharp rise
VietNamNet Bridge – Of the VND6.5 trillion worth of debts the Vietnam
Asset Management Company (VAMC) has bought so far, 67 percent is in the
real estate sector.
Two-thirds of enterprises incur losses
VietNamNet Bridge - Up to two-thirds of 450,000 local enterprises
have reported losses in business this year, said Deputy Minister of
Finance Do Hoang Anh Tuan at a conference in Hanoi on Wednesday.
BUSINESS IN BRIEF 3/11
VN Airlines to sell 2.7% stake in bank; Vietnam enjoys 26% surge in export to Canada; Promotion month launched in Hanoi; Investors concerned about corruption in Vietnam; PM opens up to world credit ratings
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.
Banks buy corporate bonds instead of lending to businesses
The banks’ move of pouring big money into
corporate bonds, in the eyes of analysts, is a form of providing loans
to businesses. Analysts have warned that it will be very difficult to
settle the bad debts from the bond investments.
Vietnamese businesses don’t want to grow up
VietNamNet Bridge – There are two reasons that make businessmen refuse to expand their business scale.
Vietnamese and the “$1billion business ambition”
VietNamNet Bridge – Despite the current big difficulties, a lot of
Vietnamese enterprises still have been nurturing the ambitious plan of
obtaining the turnover of one billion dollar.
10,000 businesses resume operation
The number of newly-established companies in
January-July period increased by 8.4 percent, while many enterprises
which temporarily ceased operation resumed their activities, according
to the Ministry of Planning and Investment.
Online forums become a threat to VN businesses
webtretho.com and lamchame.com, the forums of the
parents and consumers, have become the big threat to Vietnamese
producers, because the forums’ members there may kill them one day with
just their comments.
Businesses ill-prepared for natural disasters
VietNamNet Bridge – Few Vietnamese enterprises have paid proper
attention to handling natural disasters or preparing business continuity
plans, putting themselves and the community at risk.
How to “play” with China for mutual benefit?
As a girl just wonders "Love is pain but it is
great loss without love" so how should she do. The issue is which way
that she "loves" to earn "profit" not to get loss from “love”. It is similar for the trade relations between
Vietnam and China.
