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VietNamNet Bridge - The State Capital Investment Corporation (SCIC), a powerful conglomerate which is often compared with Singapore’s Temasek and Malaysia’s Khazanah, is bogged down with many investment projects.
VietNamNet Bridge - If Vietnam becomes insolvent, this will have serious implications for the national economy, not just for several years, but for a few decades, economists have warned.
VietNamNet Bridge - Experts have pointed out that it is unreasonable to impose low tax on discouraged products such as beer while imposing high taxes on milk.
VietNamNet Bridge - Two weeks ago, the Ministry of Finance (MOF) organized a non-deal roadshow for the Vietnam’s $3 billion international bond issuance campaign, scheduled to be launched in 2016.
VietNamNet Bridge - The receipts from tax collection are increasing steadily year after year, but are never enough to cover expenses. Experts have warned that higher taxes and fees will burden people and businesses.
After asking for the government’s help to ensure sales for oil refineries, the national oil & gas group PetroVietnam has once again sought the government’s support for the sale of Polyester Dinh Vu’s (PV Tex) products.
VietNamNet Bridge - Government officials say it’s the right time to seriously think about putting aside revenue from oil for descendants.
VietNamNet Bridge - The government plans to borrow VND116 trillion this year to cover ispending, as a report to the National Assembly shows a budget deficit.
VietNamNet Bridge - The government plans to transfer its burden of acting as a guarantor for loans to commercial banks in an effort to better control public debt.
VietNamNet Bridge - Two years have elapsed since Nguyen Ha Dong roused the world gamer community with his Flappy Bird. But the name Nguyen Ha Dong has always been hot.
About $15.5 billion worth of preferential loans within the framework of official development assistance (ODA) have been allocated to localities in the last 10 years.
Experts said that Vietnam can take full advantage of Japanese auto manufacturers’ support and Vietnamese businesses could, as a result, become second-class car part suppliers to Toyota and other foreign-invested enterprises (FIEs).
VietNamNet Bridge - The network of universities in Vietnam, which has expanded in recent years, will shrink as the Ministry of Education and Training (MOET) has decided to tighten control over the establishment of universities.
“In the old days, ship owners were kings. Now, they are beggars,” a representative of VISABA (Vietnam Ship Agent and Brokers Association) said, speaking about the plunge in bulk sea transport charges.
VietNamNet Bridge - The sale of high-end laptops has dropped while low-cost laptops priced at below VND10 million account for nearly 50 percent of the market.
VietNamNet Bridge - Within the last several months, plans on raising tax rates have been designed. However, businesses have been reassured that heavier taxation is aimed at big corporations.
VietNamNet Bridge - Experts believe that the most important factor that may have a negative impact on the stock market is the exchange rate fluctuation.
The government has denied that acting as a guarantor for enterprises to borrow capital would threaten the nation’s financial security, saying that the involved parties have to follow strict procedures to avoid risks.
VietNamNet Bridge - The Trans Pacific Partnership Agreement (TPP) brings a ray of hope to the Vietnam’s automobile industry.
VietNamNet Bridge - The Ministry of Finance (MOF) still has not made a decision on the time to issue $3 billion worth of government bonds in in the international market. A source said the plan may be delayed until 2016.