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Land prices around HCM City jump

 The appreciation in land prices seen in HCM City in recent time is spreading to its adjoining provinces, according to traders and agents.

Exhibition reveals simple but great life of President Ho

 VietNamNet Bridge – The house in which President Ho Chi Minh spent the last moments of his simple life is spotlighted at an exhibition that opened last Friday in Hanoi.

Hung King statues must respect spiritual significance

 VietNamNet Bridge – Statues of the Hung Kings, a symbol of the Vietnamese people’s ancestors, will be built following a plan towards 2035 of the Ministry of Culture, Sports and Tourism.

Ministry makes call for urgent measures to fight deforestation

VietNamNet Bridge – The Ministry of Agriculture and Rural Development has sent an urgent message to the Peoples’ Committees of cities and provinces, urging them to prevent illegal forest destruction.

Unregistered POS payments cause tax losses

 Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.

Banks eye consumer finance

 Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach VND1,000 trillion (US$4.38 billion) by 2020 and grow at 29 per cent annually.

Mass fish deaths reported in coastal province

 VietNamNet Bridge – Dozens of fish were found dead in four detention basins in the past few weeks in the coastal province of Quang Ninh, emanating a stench.

Interest rate caps not needed: experts

The State Bank of Viet Nam should consider developing a roadmap to remove regulations on credit growth limits and interest rate caps as it isn’t suitable due to the country’s achievements in stabilising the nation’s economy, according to experts.

BUSINESS IN BRIEF 14/5

 Tiki reports second year of losses, VINACAS Golden Cashew Rendezvous to be held in Halong Bay, UOB to debut in July, Online counterfeit goods trap consumers

Sand dunes of Quang Binh

 VietNamNet Bridge – Besides beautiful beaches, white sand dunes are another attraction for tourists in the central province of Quang Binh.

Agency to review beer producers’ tax liabilities

 Deputy Prime Minister Vuong Dinh Hue has asked the State audit agency to review the investigation conclusions concerning tax liabilities of two beer corporations amounting up to VND4.35 trillion (US$191 million).

Low quality, lack of brands hinder tea exports

 Viet Nam’s tea exports dropped in both volume and value in the first four months of 2018, despite a price hike.

Ministries urged to remove 49% foreign cap

 The Prime Minister’s working group has asked the ministries of Finance and Planning and Investment to swiftly lift the foreign ownership limit of 49 per cent at enterprises where foreign investment is not restricted.

5 killed in hit-and-run accidents in Lam Dong

 At least five persons died, and two others were injured in a series of crashes on Monday morning.

Vietnam wins bronze medal at AFF U16 event

 Vietnam won a bronze medal yesterday at the AFF U16 Girls’ Championship in Indonesia.

Health Ministry mulls alcohol sales ban

 The Ministry of Health has drafted a law on alcohol abuse, in which it proposes creating a ban on the sale of alcohol during certain hours.

Company chains: hidden pitfalls can deter progress

VietNamNet Bridge - The rapid expansion of food & beverage, restaurant and pharmacy chains in the last few years has led to the general opinion that they are easily profitable. But there are pitfalls that companies must be aware of. 

Experts’ reactions to MoF tax plan mixed

 Experts’ reactions to the Ministry of Finance’s (MoF) tax adjustment draft have been mixed, while the business community struggles to keep up with the variety of proposed tax hikes.

Lower-cost plan for Tan Son Nhat airport expansion proposed

 A state-owned consultancy has proposed adjustments to the expansion plan for Ho Chi Minh City-based Tan Son Nhat international airport that would result in much lower costs than one proposed by the French consultancy ADPi.

Palm-sugar, a specialty of An Giang

Known nationwide for its delicate sweetness and classy flavor, An Giang province’s palm sugar is regarded as the quintessence of this southwestern land.