policy

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More sci-tech development plans to be built in 2021

This year, the Ministry of of Science and Technology (MoST) will focus on building national sci-tech development plans for the next five years to promote socioeconomic development in the new era.

Prudence important in assessing COVID-19 implications

Tran Ngoc Tho, member of the National Advisory Council on Financial and Monetary Policies, digs into the implications of coronavirus.

Fed policy change on the table but data dependent: Mester

A change in interest rates will be on the table at every meeting of the Federal Reserve, but the timing of any move will depend on how the economy performs,

Transmission, broadcasting market open to all businesses

VietNamNet Bridge - Businesses from all economic sectors now can join the television transmission and broadcasting market, though some believe the business environment remains unfair. 

Successful women meet difficulties at home

VietNamNet Bridge – Hoang Van Anh, a deputy director at a company in Ha Noi, earns an impressive monthly salary. But her husband's lack of willingness to share the work of the household has put their marriage "at the edge of divorce". 

Hanoi tax evader jailed for 28 months

Director of the Vietnam Information and Credit Rating Company Le Dinh Quan was sentenced to 28 months in prison at a trial in Hanoi on December 6 for tax fraud pursuant to the Article 161, clause 3 of the Criminal Code.

BUSINESS IN BRIEF 28/9

 Gold measures balance market; Interbank interest rates fall 1.17%; Index rise ignites industrial hope; SBV regulates debt grouping; Labour exporters rate performance

Vietnam sees 20.7 percent drop in poverty levels

According to the World Bank Poverty Assessment 2012 report based on new standards, the poverty rate in Vietnam has fallen from 58 percent to 20.7 percent in the past twenty years.

Real estate market opens widely, but foreigners may not enter

 VietNamNet Bridge – The Ministry of Construction’s idea of allowing foreigners to buy houses in Vietnam may not help warm up the frozen real estate market, because foreigners may not intend to buy houses once they are too expensive.

Policy cracks down on online game content

 VietNamNet Bridge – Dozens of businesses producing and distributing illegal video games face closure following a government decree slated to take effect from September 1.

PM vows to realise socio-economic development plan

 Prime Minister Nguyen Tan Dung has pledged that the Government will persist in drastically implementing set objectives, tasks and measures in an effort to fulfill the 2013 socio-economic development plan at the highest level.

BUSINESS IN BRIEF 23/6

 Inter-bank interest rates stay low; Customs formality highly lamentable; HPT, Microsoft clinch strategic deal; Falling demand forces Vinacomin to ease coal production

Rescue the rich or the poor?

The voice of the farmers does not have a rightful place in policies. Inequality in giving the State's priority and support for the agricultural sector compared with other sectors still exists, commented VietNamNet’s readers.

BUSINESS IN BRIEF 1/6

 Vietnamese banks’ outstanding loans rise 4.75%; US$1bn target for fruit and vegetable exports within reach; Vietnam considers anti-dumping investigation into imported steel; FTA opens doors for garment industry in Vietnam

Gov't flags national crackdown on drugs

 The Government has launched a crackdown on illegal drugs which will take place throughout June.

GOVERNMENT NEWS

PM welcomes senior Chinese official; Vietnam Navy buys Russian emergencies simulator; Vietnam, Japan promote defence cooperation; Deputy PM receives Czech Ambassador

BPO service providers bear unreasonable VAT

The 10 percent VAT rate imposed on the export data digitalization service has blocked the information technology firms’ way to develop and expand the markets.

BUSINESS IN BRIEF 20/4

 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

Vietnam gears up for the program to recycle garbage

Investors are willing to spend money to build modern garbage treatment plants which would generate electricity and make compost fertilizer. However, they need the amounts of garbage big enough to run.

Despite difficulties, foreign auto manufacturers still squeeze into Vietnam

While keeping complaining about the small scale of the Vietnamese market and the changeable policies, foreign automobile manufacturers still have been flocking to Vietnam.