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VN customs watchdog to focus on origin fraudsicon
BUSINESS08/07/20200

VN customs watchdog to focus on origin frauds

The General Department of Customs will focus on cracking down origin frauds and illegal transhipment as violations are becoming more rampant and complex as Viet Nam integrates more deeply into the global economy.

 
P2P firms in Vietnam waiting for a sandboxicon

P2P firms in Vietnam waiting for a sandbox

BUSINESS
06/07/2020

Peer-to-peer (P2P) lending companies expect that the sandbox for fintech would eliminate unscrupulous businesses and help the market grow significantly.

VN records positive growth amid gloomy global forecastsicon

VN records positive growth amid gloomy global forecasts

BUSINESS
30/06/2020

Vietnam’s gross domestic product (GDP) expanded 1.81 per cent year-on-year during the first half of this year, the lowest six-month growth pace since 2011, according to the General Statistics Office (GSO).

Vietnam lures US$6 billion FDI into industrial parksicon

Vietnam lures US$6 billion FDI into industrial parks

BUSINESS
29/06/2020

Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).

Circular about origin rules in EVFTA issuedicon

Circular about origin rules in EVFTA issued

BUSINESS
25/06/2020

Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT about rules of origin in the European Union – Viet Nam Free Trade Agreement (EVFTA).

Suitable tiered pricing mechanism urged for Vietnam's electricity sectoricon

Suitable tiered pricing mechanism urged for Vietnam's electricity sector

BUSINESS
23/06/2020

The Ministry of Industry and Trade (MoIT) is proposing reducing power price tiers from the current six to five levels.

FDI into electronics should promote local companiesicon

FDI into electronics should promote local companies

BUSINESS
20/06/2020

The electronic industry of Vietnam is heavily dependent on FDI.

Resolutions on highway projects, corporate income tax cut approvedicon

Resolutions on highway projects, corporate income tax cut approved

BUSINESS
19/06/2020

The National Assembly on Friday approved a resolution that will turn three public private partnership (PPP) sub-projects of the North-South Highway to public-invested.

Vietnam Airlines proposes Gov’t financial support to overcome difficultiesicon

Vietnam Airlines proposes Gov’t financial support to overcome difficulties

BUSINESS
18/06/2020

Vietnam Airlines has proposed the Government to lend a minimum of VND4 trillion (US$172 million) or maximum of VND12 trillion at the lowest preference interest rate to help the firm overcome serious impacts caused by the COVID-19 pandemic.

More Vietnamese use livestream, says e-commerce companyicon

More Vietnamese use livestream, says e-commerce company

BUSINESS
09/06/2020

Vietnamese consumers, across ages, are tending to use livestream as a way to connect with sellers and gather information about products while shopping from home, e-commerce giant Shopee said in a report.

Finance ministry wants to cut 30 per cent of environment protection tax on jet fuelicon

Finance ministry wants to cut 30 per cent of environment protection tax on jet fuel

BUSINESS
09/06/2020

The Ministry of Finance has proposed to cut environmental protection tax on jet fuel by 30 per cent, from VND3,000 to VND2,100 per litre.

Ha Tinh approves $695 million wind power planticon

Ha Tinh approves $695 million wind power plant

BUSINESS
09/06/2020

The People's Committee of the central province of Ha Tinh has approved a wind power project with a total investment of VND16.2 trillion (US$695.3 million).

VN Asset Management Company targets to settle $2.15bil. bad debts this yearicon

VN Asset Management Company targets to settle $2.15bil. bad debts this year

BUSINESS
03/06/2020

The Vietnam Asset Management Company (VAMC) targeted to settle bad debts worth totally VND50 trillion (US$2.15 billion) this year.

Sci-Tech Ministry promotes tech transfer, investment promotionicon

Sci-Tech Ministry promotes tech transfer, investment promotion

BUSINESS
02/06/2020

The Vietnam Climate Innovation Centre (VCIC) under the Ministry of Science and Technology (MoST) is implementing programmes to help domestic firms find strategic partners in technology, finance and trade.

Vietnamese take increasingly to cashless paymentsicon

Vietnamese take increasingly to cashless payments

BUSINESS
28/05/2020

Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.

China tests digital currency and policy recommendations for Viet Namicon

China tests digital currency and policy recommendations for Viet Nam

BUSINESS
26/05/2020

China this month started testing its sovereign digital currency, the so-called Digital Currency Electronic Payment (DCEP), putting pressure on Vietnam to research cryptocurrency in the context of international integration.

Viet Nam needs to position itself safe tourism paradise: expertsicon

Viet Nam needs to position itself safe tourism paradise: experts

TRAVEL
22/05/2020

Airlines called for the return of international flights at a symposium on tourism on Thursday.

Transferring solar projects to foreign investors 'normal': MoITicon

Transferring solar projects to foreign investors 'normal': MoIT

BUSINESS
20/05/2020

The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.