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Further step to streamline administrative procedures

VietNamNet Bridge – The Government discussed the draft project on streamlining administrative procedures, citizenship papers and database relevant to population management in the 2013-2020,

BUSINESS IN BRIEF 27/4

Business confidence up in Q1; Garment export to new markets sees strong growth; Treasury mobilises more money from Gov’t bonds; HCM City export rises in first four months

Wage reform is delayed, why?

VietNamNet Bridge - After several times of delays, the salary reform scheme of the Government cannot be submitted to the upcoming Central Party Conference again.

GOVERNMENT NEWS

Vietnam supports settling disputes through peaceful means; Vietnam slams EP’s human rights resolution; PM to attend ASEAN Summit in Brunei; Viet Nam, Denmark boost scientific research

BUSINESS IN BRIEF 11/4

VietJetAir opens Hanoi-Bangkok flight route; Most Vietnamese prefer domestic-made shoes; Gov’t rules out nine low capacity cement projects; Panama to talk double taxation avoidance with VN

National Assembly continues to consider tax relief

VietNamNet Bridge - Tax relief for business support is one of the main discussions at the opening meeting of the National Assembly Standing Committee on April 9.

Leaving non-core business fields, conglomerates escape from marsh

Withdrawing capital from the business fields in which they don’t have advantages and experiences--after a period of incurring loss, economic groups have recovered their strength.

Vietnam warned about Dutch disease, urged to stop raw minerals

The government of Vietnam has been prohibiting exporting raw natural minerals over the last few years. However, the ban has not had high enforcement.

GOVERNMENT IN BRIEF 29/3

Cambodia party delegation welcomed in Hanoi; Judicial Reform Committee meets in Hanoi; RoK, Vietnam sign anti-corruption pact; Vietnam, France moving towards strategic partnership

Science, technology firms can’t receive promised support

The government, while vowing to develop science and technology, has promised to give preferences and big investment incentives to science and technology firms. However, in fact, the preferences have not reached the firms.

Vietnam vows to restrain prices to curb inflation

VietNamNet Bridge – The price increases scheduled for public services and essential goods are believed to trigger new price increase waves.

Everything is half-done

 VietNamNet Bridge – Although the Government has made many efforts to restructure the economy, all of them are still half-done,

Central bank sends signal about exchange rate policy in 2013

The dollar price quoted by commercial banks and the price in the black market bounced back earlier this week. However, after that, the dollar price has decreased again.

Public employees must attain higher standards

Deputy Minister of Home Affairs Tran Anh Tuan spoke to Viet Nam Economics Times about measures to boost the performances of civil servants

PM approves adjustments to transport development strategy

Prime Minister Nguyen Tan Dung on February 25 issued a decision approving adjustments to the transport development strategy to 2020 with a vision to 2030.

Comprehensive insight needed for bauxite project

The Government is continuously pushing for the application of advanced technology in bauxite mining in a bid to make the process more environmentally friendly and to enhance socio-economic efficiency.

Government convenes February meeting

The Government on February 28 convened its regular monthly meeting in Hanoi to review this month’s socio-economic issues and work out measures to effectively implement Resolutions on the 2013 socio-economic development.

Investors threaten to cancel projects if they cannot enjoy incentives

Foreign investors said they would cancel the plans to expand their investment in Vietnam if the expanded projects cannot enjoy investment incentives.

Big state owned economic groups, general corporations are huge debtors

The total debts of 1,300 trillion dong incurred by SOEs have been described by the Steering Committee for Enterprise Renovation and Development as “within the safety line.” Meanwhile, economists do not think so.

Politburo appoints staff for new committees

 VietNamNet Bridge – The Politburo on January 31 assigned some officials for the newly-established Central Committees on Internal Affairs and Economics.