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New decree tackles transfer pricing in Vietnam

 The Vietnamese Government released Decree No.20/2017 on February 24, providing tax administration for enterprises with controlled transactions and which will come into effect on May 1.

Vinacomin’s two grave missteps

 Vietnam National Coal and Mineral Industries Group (Vinacomin) has invested millions of dollar into two alumina plants in Vietnam. However, these plants seem to be failing expectations.

More foreigners can now retail fuel in Vietnam?

 PetroVietnam Oil Corporation (PV Oil), a member of national oil and gas group PetroVietnam, will sell a 40 per cent share in the second quarter of 2017.

SOM-1: good start for APEC Year 2017

 The first APEC Senior Officials’ Meetingand related meetings successfully wrapped up in Nha Trang city after two weeks of sitting – a good start for the APEC Year 2017 in Vietnam.

ECOSOC: Vietnam calls for continued resources for development

 Ambassador Nguyen Phuong Nga, head of the Vietnam Mission to the UN, called on countries to continue providing resources for development at the ECOSOC’s development cooperation forum.

Japanese Imperial Couple visit Hue

 Japanese Emperor Akihito and Empress Michiko on Saturday (Mar. 4) visited the palace of the former Vietnamese king in the ancient capital of Hue.

Foreign diplomats join friendship spring tour in Bac Ninh

 The Vietnam Union of Friendship Organisations (VUFO) and its chapter in the northern province of Bac Ninh organised a friendship spring tour in the locality on March 4.

VN Gov’t looks to boost e-commerce

 Winning consumers’ trust and developing a business reputation is one of the major challenges toward online business development, experts said.

Banned substance not found

 Hanoi’s veterinary sub-department has not found any trace of the banned substance salbutamol in samples collected from animal breeding farms and slaughterhouses during an inspection in February.

Ca Mau returns two Lexus gift cars

The southernmost province of Ca Mau has returned two Lexus cars presented by a local private company, the chief of the provincial People’s Committee office, Nguyen Duc Thanh, said yesterday.

APEC includes MSMEs in growth plan

The term “inclusive economy” was used for the first time at APEC 2017 to highlight the roles of micro, small and medium enterprises. VN News spoke on this development with some delegates on the sidelines of the first SOM 1.

Agro exports up 1.4% this year

 The agriculture and rural development sector witnessed a year-on-year increase of 1.4 per cent in export value of agricultural, forestry and fishery products to US$4.3 billion in the first two months of 2017.

Tax mismanagement cost the State budget

 The Government Inspectorate of Viet Nam has revealed that mismanagement in tax collection between 2012 and 2014 caused mounting arrears and losses of trillions of dong to the State exchequer.

SHB Da Nang win on lucky Hòa Xuân Stadium

 Hòa Xuân Stadium has been always a lucky venue for SHB Đà Nẵng who beat Quảng Ninh Coal 2-0 in the eighth round of the V. League yesterday in Đà Nẵng.

Women's footwear and products: multi-billion dollar market

VietNamNet Bridge - Many Vietnamese businesses have spent big money to build up their brands to conquer the home market, despite the popularity of Chinese cheap products here.

Regulations needed for new beer clubs

Beer clubs have been booming in many big cities. However, there are currently no regulations on managing this type of business, causing difficulties for authorized agencies in deterring violations.

Divers take deep risks to catch precious cucumbers

 Along Dien Hai beach in central Nghe An Province, large groups of divers often return from the sea with packages full of sea cucumbers. 

Border alert follows China bird flu outbreak

 The Health and Agriculture ministries are stepping up surveillance, preventive and control measures against bird flu, especially in border areas, following alarming reports from China.

Provinces disburse $143.4 million following environment incident

Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue as of February 18 disbursed $143.4 million out of $203.4 million advanced by the government following the marine environment incident in early April. 

EuroCham vows to boost European investment in Vietnam

 President of the European Chamber of Commerce in Vietnam (EuroCham) Michael Bahren has affirmed his agency’s commitments to supporting and encouraging European businesses to forge stronger partnerships with Vietnam.