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.

 VietNamNet Bridge – Many enterprises have taken out U.S. dollar loans from foreign individuals and organizations to benefit from low interest rates, at around 1% a year.

 NFSC assesses Jan-Sep economic performance; Local book company among top 500 Asia-Pacific retailers; Tuna exports to ASEAN surge; Vietnam has trade surplus with Germany

 VietNamNet Bridge – Foreign direct investment (FDI) enterprises gave a strong boost to the country’s hardware industry last year,

State owned enterprises (SOEs) which have been heavily criticized for the ineffective operation, would be put under the management of a committee or a specific ministry instead of the governing ministries as currently.

 Binh Duong approves US$200 million investments; Gmobile still fraught with difficulties; Farm produce exports slightly decline; HCM City’s sales promotion month attracts 900 firms

 VietNamNet Bridge – The Government Office has lent its support to a proposal allowing foreign firms a greater stake holding in listed companies, the Dau tu chung khoan newspaper has reported.

 VietNamNet Bridge – Thousands of hectares of forest in the Central Highlands province of Dak Nong have been devastated due to the irresponsibility of local officials working on agriculture and forestry projects.

VietNamNet Bridge – A number of universities in Viet Nam have recently piloted a series of training programmes after enterprises have demanded that their students are prepared for work after graduating.

 ADB-funded project brings power to Lai Chau province; Strong growth forecast for high-tech export sector; Local products get thumbs up; Sai Gon Co.op opens supermarket

 VietNamNet Bridge – National Assembly deputies yesterday, June 19, adopted four laws, one of them will regulate a lower corporate income tax from next year.

 First realty project benefits from VND30-trillion loan scheme; Hitachi, HCMC strike US$370 million metro equipment deal; Housing market may revive; Standard Chartered has new office in HCM City

VietNamNet Bridge – Enterprises and individuals who intend to take out bank loans from the VND30-trillion package will have to wait as the list of borrowers and housing projects to be given the special loans has yet to be announced,

 Exporters look to US retailers; Safe vegetables lack stable outlets; Rice exports need to be streamlined; Google Display Network launched in Vietnam; Over 5 trillion VND mobilised from Gov’s bonds

 Double textile export to U.S. in sight; Firms seek diversification for tra fish exports; Rice prices fall despite successful bid for export; HCM City calls for investments into Thu Thiem

The Viet Nam General Department of Taxation plans to examine over 63,200 enterprises this year, while conducting thorough inspections of around 8,700 firms in order to crack down on businesses suspected to have used transfer pricing.

The delay in the site clearance work has become so commonly seen in Vietnam. However, things may change a lot after a Japanese contractor asked for additional expenses to compensate the losses it incurred due to the delay in the site clearance.

Natural breakwaters and coastal preventive forests would lose, while radioactive pollution of the air and water would be serious, which would threaten people’s health. All these are the visible consequences in titanium exploitation areas.

Eleven projects on exploiting minerals have been licensed in Hung Thinh, a small poor commune in Tran Yen of the northern province of Yen Bai, which threatens the living environment of local people.

VietNamNet Bridge – A lot of business associations have proposed to set up the corporate income tax rate at lower than 23 percent, the threshold suggested in the draft tax law.