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Cross-border M&A deals cause unsolved tax issues

As more foreign investors buy and sell Vietnam-based assets to and from each other, the tax issue is becoming more pressing for both deal participants and Vietnamese regulators. 

Monsoon Music Fest director attends Mu:CON

Composer and music producer Nguyen Quoc Trung, who is also director of Vietnam’s biggest international music festival – Monsoon Music Festival (MMF) – has been invited to attend the on-going music business event ...

Foreign investors seek M&A deals in renewables

 Thanks to Vietnam’s incentive policies issued to lure investment capital into the renewable energy sector, foreign investors are expanding in the country through mergers and acquisitions deals.

New vaccine to be rolled out soon

 VietNamNet Bridge – The ComBeFIVE vaccine is undergoing quality checks and will be delivered to injection sites next week, the Drug Administration of Viet Nam announced on Monday.

Pharma companies report major declines in profits

 Despite positive forecasts, the business performance of Vietnam’s largest drug-makers went downhill in the first half of 2018, heralding challenges ahead.

Vietnam announces 8 more national intangible cultural heritages

 Vietnam has announced eight additional national intangible cultural heritages under the Decision No.3325/DD-BVHTTDL, recently signed by Minister of Culture, Sports, and Tourism Nguyen Ngoc Thien. 

Uber BV completely pays off tax arrears

The Netherlands-based Uber BV Company has completed its remaining tax arrears payment of $2.26 million, immediately after the firm withdrew its petition against the HCMC’s Department of Tax department.

PM leads National Committee for E-Government

 Prime Minister Nguyen Xuan Phuc has become Chairman of the freshly-established National Committee for E-Government.

The Jakarta Post lists nine must-visit places in Ha Long Bay

 There are a lot of gorgeous places in Ha Long Bay that will surprise you.

FDI firms play important role in Vietnam’s economic growth

 Foreign-invested enterprises have become an important driving force for Vietnam’s economic development and international integration after 30 years since the country began attracting foreign direct investment

Insurers’ total assets reach over $15 billion

 Total assets of Vietnamese insurance companies in the first eight months of the year surged sharply by 35.16 percent year-on-year to nearly 365.52 trillion VND (15.55 billion USD), a report from the Ministry of Finance (MoF) showed.

President Ho Chi Minh’s book published in Italy

 “Duong Kach Menh” (Revolutionary Path), a book written by late President Ho Chi Minh, has been translated into Italian and published in the European country.

Vingroup: spearheading new development science & technology in Vietnam

Vingroup, one of the most powerful conglomerates in Vietnam, has launched its Vin Hi-Tech, a technology research institute, and Big Data Institute, both of which belong to VinTech. 

Hanoi tries to recycle construction waste

It is estimated that about 2,000 tons of solid construction waste are discharged each day, not including waste from transport projects and household construction works.

University education costs in VN more expensive

VietNamNet Bridge - State-owned universities with financial autonomy have announced an increase in tuition of 10-30 percent. However, they say the new tuition is still not enough to cover training costs.


How will control of alcohol consumption affect Vietnam’s economy?

The liquor and beer industry contributed VND50 trillion to the national economy in 2017, but the total damages to society might be up to 1.3-3.3 percent of GDP, equal to VND65 trillion.

Vietnam in a nutshell: A guide for tourists

 Freelance writer and teacher Lana O’Sullivan, winner of the ‘Vietnam-Timeless Charm’ award in the Writing & Video Contest as part of the Vietnam Tourism award 2018, introduces Vietnam’s special beauty 

BUSINESS NEWS IN BRIEF 12/9

 Industrial  production on a high, Medical firms aim for global market, FPT TechDay 2018 opens today, Grab trials GrabFood in Hanoi, Fighting fake news in the era of global trade, 2019 overspending estimated at VND222 trillion

Social News 12/9

 Vietnamese women averagely earn 33 percent less than male peers, Old man eats rat poison by mistake, Vietnamese health watchdog removes drugs containing Valsartan, HCMC Cultural Heritage Association promotes tea culture and calligraphy

Agribusiness will bloom with EVFTA’s tariff cuts

 The EU-Vietnam Free Trade Agreement, with its extensive tariff cuts for agri-food products, is prompting foreign companies to enter the Southeast Asian market seeking investment and business opportunities in these products.