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Rounding out a legal framework for vacation properties

 The development of vacation properties has given rise to a number of issues, including a legal framework needed for the condotel and hometel segments to rectify uncertainties in earnings commitments. 

Vietnamese spend more on imported beef

 Vietnamese people spent up to a total USD15 million to import beef from Australia and the US in the first two months of this year, according to the General Department of Customs.

HCMC tops Vietnam E-commerce Index 2018

 Ho Chi Minh City again leads the country in e-commerce, according to the Vietnam E-commerce Association (VECOM)’s Vietnam E-commerce Index 2018, released at the Vietnam Online Business Forum 2018 on March 14 in Hanoi.

Sabeco charged $110 million in tax arrears

 Saigon Beer, Alcohol and Beverage Corporation (Sabeco) will have to pay nearly VND2.5 trillion ($109.8 million) in tax arrears, according to newswire Vnexpress.

Foreign consultant questioned over low forecasts for Tan Son Nhat Airport

 According to the HCM City People’s Committee, travel demand at Tan Son Nhat International Airport will reach an estimated 83 million passengers by 2025, much higher than forecasted by the consultant ADPi from France.

Suffering downstream of polluting coal plants

 The heavy toll taken by coal-fired power plants has prompted many pro-environmental international organisations to oppose banks in several nations that plan to provide loans for these plants in Vietnam.

Eximbank under fire after string of embezzlement

 The lawyer of the six customers from whom an officer of Eximbank stole VND48 billion ($2.1 million) ask for repayment in full before the case goes on trial in April.

Grab decries Vietnam's plan to regulate it as taxi service

 Grab expressed concerns over Vietnam's plan to treat it like a taxi company, not a tech company.

Organisations are not doing enough to protect data privacy: PwC

In today’s data-driven society, privacy, security and trust are more vital and intertwined than ever before. But many organisations are not doing all they can to protect data privacy.

Petrolimex and PV Oil oppose Saigon Petro's wish to return to RON A92

 Petrolimex and PV Oil - Vietnam's two largest petrol distributors, disagree with Saigon Petro Co., Ltd.'s proposal to return to selling RON A92 petrol after reporting low bio-fuel E5 sales.

Amazon welcomes Vietnamese traders, but will not come to Vietnam

 Despite rumors that Amazon will enter Vietnam as a competitor of China’s Alibaba, the representative of the US e-commerce giant expressed no such intention when he attended Vietnam Online Business Forum today in Hanoi.  

Japanese golfer wins FLC Faros Golf Tournament 2018

 Japanese golfer Tomoyoshi Makoto triumphed Best Gross prize at the FLC Faros Golf Tournament 2018, which concluded in northeastern Quang Ninh province on March 11.

Consumer credit market sees more M&A deals

VietNamNet Bridge - The increased presence of foreign investors in M&A deals of finance companies shows the attractiveness of the consumer credit market.

Overview of PM Phuc's visit to New Zealand

Prime Minister Nguyen Xuan Phuc paid a three-day visit to New Zealand from March 12-14 at the invitation of his New Zealand counterpart Jacinda Ardern.

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.

FDI into real estate sector on the sharp rise

 Foreign direct investment (FDI) into Vietnam’s real estate sector has continued rising, showing positive signs for the sector.

Commemoration for Gac Ma soldiers

 An anniversary to commemorate 64 Vietnamese soldiers who died defending Gac Ma (Johnson South Reef ) was held in the central city of Da Nang on March 13.

HCM City seeks more metro line funding

 HCM City’s metro lines are facing various issues with procedures, disbursement, and cost overrun.

Vietnamese Govt seeks more non-cash payments for public services

 The Government has set itself a target of collecting 80 percent of tax payments in cities through banks and enabling treasuries in all provinces and cities to have cashless payment systems by 2020.

Foreign banks’ withdrawal no cause for concern

 The trend of foreign financial institutions withdrawing capital from their Vietnamese joint ventures has raised questions about the country’s state of financial stability, but experts claim the situation is no cause for alarm.