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Finance Ministry refuses to cut tax rates for coal industry

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority.

Beware of UAE losses: Ministry

 The Ministry of Industry and Trade has advised enterprises to carefully study export regulations of the United Arab Emirates (UAE) when conducting business with firms there to avoid suffering losses.

Latent risks as Aussie meat beefs up VN market share

 As the demand for imported beef soars, Australian exporters are strengthening their market share in Viet Nam, but the situation is fraught with risk, experts say.

Six people prosecuted for trying to overthrow people’s administration

The Investigation Security Agency under the Ministry of Public Security on July 30 decided to prosecute six people involved in the case of “Nguyen Van Dai and his accomplices trying to overthrow the people’s administration”.

Demand for VN rice to be stable in Q3

 Demand for Vietnamese rice is expected to be stable in the third quarter of the year, Vietnam Food Association (VFA) Chairman Huynh The Nang has said.

Privatisation of Da Lat–Trai Mat railroad?

 The Ministry of Transport has asked the central Government’s approval for privatisation of investments for restoration of infrastructure for the Da Lat – Trai Mat Railroad.

Vietnam’s stock index hits 9-year high

The good performance of macroeconomic indexes has supported the strong rise of the stock market, which has experienced the best six-month period in the last nine years with growth rate of 14.4 percent. 

Private sector vital to fuel economy: PM

 The private sector is an important driver of economic development, said Prime Minister Nguyen Xuan Phuc at the second Vietnam Private Sector Forum held in Hanoi on July 31.

Summer camp brings young expats close to homeland

 About 60 young Vietnamese expatriates are joining their peers in Ho Chi Minh City at an annual summer camp that kicked off in the city on July 31. 

Vietnamese hospitality wins big

 Locals being granted permission to gamble at domestic casinos has given Vietnam’s growing hospitality industry an added boost, according to JLL experts.

Central expressway section to open in August

The Vietnam Expressway Corporation (VEC) will put the first 65km road section of the 140km Da Nang-Quang Ngai Expressway into operation on August 2.

Mozambican PM’s Vietnam visit to enhance bilateral ties

 Mozambican Prime Minister Carlos Agostinho do Rosario’s official visit to Vietnam from July 31 to August 3 is expected to boost bilateral cooperation in trade and investment, as well as in fields of mutual concern. 

HCM City, Vientiane agree to foster cooperation

 Vietnam’s Ho Chi Minh City and the Lao capital city of Vientiane have agreed to foster and expand their cooperation in the time ahead and approve cooperation orientations for the 2017-2020 period.

Khanh Hoa sets airport runway deadline

 Khanh Hoa province authorities have set a 2018 operation deadline for a new runway under construction at Cam Ranh International Airport.

Vietnamese club finish third in futsal tourney

 Thai Son Nam Club of Vietnam came from behind to clinch the third place in the Asian Football Confederation Futsal Club Championship after a 6-1 victory over Qatar’s Al Rayyan in HCM City on July 30.

Vietnamese wins World Games’ muay championship title

 Bui Yen Ly of Vietnam triumphed in the women’s 51kg muay Thai category at the World Games in Poland on July 30.

Heat wave blankets northern region

 Vietnam's northern provinces, including the capital city of Hanoi, and the central province of Thanh Hoa are experiencing a blistering heat wave, according to National Centre for Hydro-Meteorology Forecasting.

Stocks to move up, but lack of info could bite

 While stocks are set to rise this week, concerns remain as listed companies are about to finish releasing their second-quarter earnings reports, putting the market in a period where there is not much information forthcoming, analysts say.

38,000 blood units collected nationwide

 Nearly 4,200 units of blood were collected from the youth and other volunteers in the final collection drive of the annual blood-donation campaign Hanh trinh do (Red Journey) 2017.

Vietnam has first credit rating company

 The Sai Gon Phat Thinh Rating Joint Stock Company has been licensed by the Ministry of Finance to provide credit rating services, the first of its kind in Vietnam.