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Despite huge revenues, Facebook and Google pay tiny tax in Vietnam

 Despite making billions of dollars in revenue, two giant technology brands Facebook and Google only paid miniscule taxes to the Vietnamese government.

Import-export firms fear possible rise in terminal handling charge

 Import-export businesses in Vietnam are worrying about a possible increase in terminal handling charges by shipping lines, which would decrease their competitiveness.

TAL Group’s $350-million project refused over environmental risks?

 Despite its eagerness to develop a $350-million textile and garment dyeing project in the northern province of Vinh Phuc, Hong Kong-backed TAL Group may fail to get the investment certificate.

Vietnam yet to impose preventive measures on Grab takeover of Uber

 The competition authority in Vietnam have yet to make the next moves over a transaction in which Grab acquired Uber Technologies Inc’s Southeast Asian business after asking Grab to report details of the deal.

ComfortDelgro Savico Taxi suspends operations due to Uber and Grab

ComfortDelgro Savico Taxi announced suspending its operations. The movement came after the operations of several traditional taxi firms were impacted by Uber and Grab.

Other crops to be planted on 120,138ha of rice fields in the south

 Some 120,138 ha of rice fields affected by a lack of water and saltwater intrusion in the southern region will be used to grow other crops in 2018.

Turkey conducts second review of Vietnam’s V-shaped conveyor belts

 The Turkish Ministry of Economy has received a request for a second sunset review of anti-dumping measures applicable to Vietnam’s V-shaped conveyor belts (V-belt), according to the Vietnam Trade Office in Turkey. 

Taxi associations request temporary policy to hamper Uber and Grab

Vietnamese taxi associations request a temporary policy to tighten the operations of Uber and Grab to replace the existing Decision No.24/QD-BGTVT on the pilot schemes for ride-hailing services. 

ILDC wants to develop $6-billion deep seaport complex in Soc Trang

 International Local Development Consortium (ILDC) from France intends to develop a $6-billion deep seaport complex in the Mekong Delta of southern Vietnam.

Danang to host Vietnam - Korea Friendship Marathon Championship 2018

 Vietnam - Korea Friendship Marathon Championship 2018 is scheduled for April 13-15 at Bien Dong Park in Danang.

Central Group plans $1.5-billion expansion in Thailand and Vietnam

 The expansion plans in Thailand and Vietnam will raise the revenue of Central Group, Big C’s parent company, by 14 per cent this year.

Flexible response needed to proposed US aluminum and steel tariffs

 Albeit not being listed among the top 10 largest exporters to the US, the Vietnamese steel industry may still suffer once the US applies new safeguard tariffs.

Commercial banks quietly raising interests rates after Tet Holiday

 A few days after the Tet Holiday, numerous commercial banks silently raised interest rates due to liquidity-related issues, the whopping demand for capital, and the great competition among Vietnam-based commercial banks.

Listed domestic real estate firms swimming in huge profits in 2017

Over the course of 2017, 59 large-scale domestic real estate firms which were listed on the Vietnamese bourse were reported to have inundating profits totalling at VND155.093 trillion ($6.8 billion), up 39 per cent against 2016.

Macro-economic stabilisation: lessons learnt and future directions

 Macro-economic stability and economic growth drive each other, as the former helps boost investment and consumption while the latter creates foundation for achieving the former, Prime Minister Nguyen Xuan Phuc wrote in a recent article.

VN makes significant progress in sustainable finance reforms

 Viet Nam has made significant progress in banking reforms to expand sustainable lending, says the first comprehensive Global Progress Report of the Sustainable Banking Network (SBN), released on Monday.

Foreign firms dominate Vietnam's fast-growing animal feed industry

 The animal feed industry of Vietnam, despite being among the world’s fastest-growing by scale and output, is dominated by foreign firms while local producers are struggling to compete.

Midfielder Quang Hai tops poll for best goal at AFC U23 Championship

 Vietnamese midfielder Nguyen Quang Hai is on the brink of winning the “Best Goal” award at the AFC U23 Championship 2018, with his goals against Qatar (semifinal) and Uzbekistan (final) currently accounting for approximately 90% of the votes.

VN Electricity Group to let three power generation firms go public

 Three power generation corporations under Vietnam Electricity Group (EVN) will launch their initial public offerings (IPOs) this year to raise capital for power plant projects.

Vietnam draw with Syria, entering AFC U23 Championship quarterfinals

 U23 Vietnam tied goalless with U23 Syria in the last qualifying round match at the Asian Football Confederation (AFC) U23 Championship in China on January 17, wining  a ticket to the quarterfinals.