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Securities companies begin brokerage war as Govt scraps minimum rate

Stockbrokers’ revenues are expected to fall sharply after a price war broke out among them in the wake of Circular No 128/2018/TT-BTC, which took effect last February.

Magnificent beauty of Tien cave in Quang Binh

Located Cao Quang commune, Tuyen Hoa district, Quang Binh province, Tien (Fairy) cave possesses wild and majestic beauty with countless stalactite columns inside.

 

BUSINESS NEWS 21/5

Electricity system capacity exceeds 36,000 MW

 

PM requires new fire-prevention efforts

Heads of localities or establishments where fires cause serious consequences to people and property will have to take responsibility for any violations of fire prevention and control.

Sports marketing continues to boom to make brands matter

Sports marketing is quickly gaining ground in Asia as more global events like the Olympic Games are held in the region and brands recognise the powerful impact of sports.

25 years on, 500kV power line remains a technological feat

May 27 this year will mark 25 years since Vietnam’s first 500kV power transmission line was switched on, connecting the north and south of the country with an uninterrupted electricity supply.

Aquatic plant creates unique handicraft items

Under the deft hands of local artisans in the northern province of Ninh Binh, water hyacinth has become an eco-friendly material for producing sophisticated handicraft items for exports.

Titanium exploitation need to consider pros and cons

Many areas in the central coastal province of Binh Thuan are said to be in ruins by titanium extraction after several reports claiming that the south central province boasts the largest reserve in the Southeast Asia.

Slowing global demand poses substantial challenge to Vietnam’s exports

Slowing global demand amid rising trade protectionism may pose a substantial challenge to Vietnam’s exports, according to ASEAN+3 Macroeconomic Research Office's (AMRO) ASEAN +3 Regional Economic Outlook 2019.

Facebook, Google, YouTube remove offensive content following Vietnam’s request

Global tech giants namely Facebook, Google, and YouTube have deleted from its platforms a number of offensive content at the request by the Vietnamese government.

Logistics industry short of 2 million employees

According to the Vietnam Logistics Association, logistics industry lacks of around 2 million employees.

Banks should compete relying on their unique strength

Not only should the State Bank of Vietnam maximize its flexible and effective monetary policy, but commercial banks also need to actively improve their internal strength and gain their own competitive advantages.

More players vie for shares in Vietnam’s consumer finance market

Vietnam currently has 17 consumer finance companies, whose total outstanding loans reached more than US$5 billion by the end of last year.

Vietnamese Gov't cracks down on trade and consumption of banned crayfish

The Ministry of Agriculture and Rural Development has urged local authorities, the General Department of Viet Nam Customs and the Market Watch General Department to tighten control over the trade and consumption of crayfish.

Vietnam’s tax arrears pile to over US$3.5 billion

Of the total tax arrears, 35.2% are deemed collectible, 19.4% are tax penalty due to late payment and violation of tax laws, while the remaining 45.5%, equivalent to VND37.64 trillion (US$1.6 billion), is irrecoverable debts.

Two school boys drown after swimming at beach in Binh Thuan

Two ninth-grade male students from Binh Thuan Province drowned on Sunday afternoon after swimming at a local beach.

Da Nang opens south-east ring-road section

The central city of Da Nang opened the Hoa Phuoc-Hoa Khuong section of a ring-road project yesterday, creating a smooth connection between National Highway No 1A and No 14B to the south and east of the city.

Northern Vietnam to see rains after hot days

The northern and northern central regions have been forecasted to have heavy rains following scorching heat over the recent days.

 

Environmental, sea, island protection campaign to launch in Bac Lieu

The Ministry of Natural Resources and Environment, in coordination with the Mekong Delta province of Bac Lieu, will launch a sea and island week, as well as an action month for environmental protection on June 1.

 

Eight legal documents issued in April

The Government and the PM issued eight legal documents, including six Decrees and two Decisions in April 2019, according to the press announcement of the Ministry of Justice.