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Fee for industrial wastewater treatment in Vietnam to be changed in 2021

The Government has issued a new decree on environmental protection fees for industrial wastewater treatment that will replace Decree 154 in 2016.

VN Trade Ministry suggests gateway to sell local products on Amazon

Linking the local market with Amazon is suggested as a way to cope with the negative impacts of the COVID-19 pandemic on business and production, said the Ministry of Industry and Trade (MoIT).

Are delivery services earning big money during the pandemic?

Hanoi asked for permission to close shops and some business activities to fight against Covid-19 on March 25. 

No special treatment for support industries: Finance Ministry

The Ministry of Finance (MoF) and the Ministry of Industry and Trade (MoIT) have failed to find common ground with regards to tax policies for Vietnam’s support industry enterprises.

Most hotels and resorts to reopen this month with attractive promotions

Most hotels and resorts in Vietnam would resume operations in May with attractive promotions as the country was entering its post-pandemic recovery, Mauro Gasparotti, director of Savills Hotels Asia Pacific said.

Essential Flavours donates rice to vulnerable people through COVID-19 pandemic

In response to the call of the Vietnamese Prime Minister and the Vietnam Fatherland Central Committee on Covid-19 prevention, Essential Flavours has donated hundreds of rice sacks to support vulnerable people in Vietnam.

BUSINESS NEWS HEADLINES MAY 7

Firms need policies for sustainable development after pandemic

How will Vietnam’s economy perform in the time to come?

As some business fields are stagnant and the government’s shock relief plans need more time to bring benefits, the picture of the national economy is expected to be darker in Q2 than in Q1.

Nudging investors towards new pastures

There is now plenty of movement by German enterprises re-orienting from China, complementing their existing Chinese operations with new activities in Vietnam regarding sourcing and investments.

Foreign groups step up plans to enter or expand in Vietnam

While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia.

Drinks groups in VN facing double 2020 sales hit

After gaining sweet fruits for years, giant beer and beverage companies in Vietnam are facing losses due to not only the ongoing health crisis, but also tightened drink-driving penalties. 

Taking lessons on board for an economic jump-start

Vietnam’s economy has been seriously hurt by the continuing coronavirus pandemic. 

Scientists explain magnetic pole's wanderings

The North Magnetic Pole has been racing across the top of the world, from Canada towards Siberia.

Foreign homeowner levels refuse to budge

With few foreigners yet to register for ownership of properties in Vietnam, there have been calls to significantly raise the ownership cap to entice more overseas buyers.

Experts unconcerned about high number businesses leaving the market

As many as 35,000 businesses left the market in Q1 (suspended operation, we're dissolved or went bankrupt). Over 11,400 businesses do not operate at registered addresses, according to  the General Statistics Office (GSO).

Lender attitudes shift on coal-fired ventures

A handful of international financial groups have cut their ties with coal-fired power plants – a sustainability move as investors and the public demand strong action on climate change.

Hoi An: Five women disguised as beggars fined nearly $3,000

The People's Committee of Hoi An announced on Tuesday it would issue a fine of VND67.5 million (US$2,870) to five people who disguised themselves as beggars in some areas of the city.

Football tournaments continue to be delayed

Organisers have not confirmed dates to restart the national football premier league V-League 1, while the National Cup will be delayed for days.

Vietnam offers tremendous investment opportunities: VinaCapital

Consumer goods, health care, energy, construction materials, infrastructure, and technology are among the sectors with enormous potential for investment in Vietnam once the COVID-19 pandemic subsides, an expert has said.

BUSINESS NEWS HEADLINES MAY 6

Enterprises look to enhance links to prevent future disruptions to supply chains