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Hanoi to introduce interoperable smart cards for public transport

 An interoperable smart card system will be introduced for public transport in Hanoi, with support coming from the Japan International Cooperation Agency (JICA).

Import taxes on auto parts may be cut

 The Ministry of Finance (MoF) plans to cut import taxes on automobile parts in line with WTO rules, according to the Vietnam News Agency (VNA).

PM Nguyen Xuan Phuc receives outgoing Austrian Ambassador

 Prime Minister Nguyen Xuan Phuc praised Austrian Ambassador Thomas Loidl for his contribution to Vietnam-Austria relations during a reception in Hanoi on September 7.

Vietnam, Egypt strive for $1 billion trade

PM Nguyen Xuan Phuc said he will instruct competent Vietnamese agencies to coordinate with their Egyptian counterparts to accelerate the implementation of commitments reached by the two countries’ leaders. 

Real estate remains 2nd largest FDI lurer in VN

 Despite having fallen to the fourth position in terms of foreign direct investment in the first eight months of 2017, the real estate sector remains the second-biggest recipient of this type of investment to date.

Three VN contractors blacklisted by World Bank for fraud

 Strict penalties were levied on three contractors for fraud during the bidding process of two projects running under Vietnam Inland Waterways Administration as the main investor and funded by the World Bank.

Special evaluation council for Long Thanh airport component project

Minister of Planning and Investment Nguyen Chi Dung will be the chairman of a special state evaluation council to evaluate the feasibility study report of the Long Thanh International Airport project

PVtex to be revived with Indian help

 Reliance Industry Company from India decided to co-operate with PetroVietnam to restart Dinh Vu polyester plant located in the northern city of Haiphong.

Corporate tax law changes worry businesses

 The Ministry of Finance (MoF) has announced changes in the Law on Corporate Income Tax (CIT) to better regulate and monitor the level of equity and taxable income for firms operating in Viet Nam.

Senior personnel change at Habeco, Sabeco stock sets new record

 Carlsberg Breweries A/S has introduced its new representative for a vacancy on the Board of Directors of Hanoi Beer, Alcohol and Beverages Corporation (Habeco), aiming to increase its controlling rights.

Leading Vietnamese ocean shipping enterprise flooded by losses

 One of Vietnam’s leading ocean shipping companies, Vietnam Ocean Shipping JSC (Vosco), a subsidiary of Vietnamese shipping group Vinalines, has been operating with massive losses.

Da Nang proposes reducing scale of 10 projects in Son Tra Peninsula

Da Nang has made a proposal to change the function of six projects, and reduce the scale of 10 others, in accordance with the master plan on the Son Tra National Tourism Complex in the Son Tra Peninsula. 

Police investigate death threats to HCM City official

Police in HCM City are carrying out an investigation into the death threats sent to deputy chairman of District 1 People’s Committee, Doan Ngoc Hai. 

Party strengthens ties with Hungarian ruling party

Politburo member Truong Thi Mai and Gergely Gulyas, Vice President of the ruling party of Hungary signed an MoU on cooperation between CPV and the Fidesz on September 6. 

VN-Belgium expert network established for sustainable neighbourhoods

A network on building sustainable neighbourhoods was established between Vietnam and Belgium on Wednesday in the capital city. 

VN's top chess-player at risk of elimination at World Cup

 Le Quang Liem’s undefeated streak ended on Wednesday after he lost to world No 41 Vidit Santosh Gujrathi in the second round’s first match of the Chess World Cup in Georgia.

Casino business: Commercial banks allowed to provide services

 Commercial banks will be allowed to trade and provide foreign exchange services related to the casino business from next month.

HSBC upbeat on VN economy

VN’s economy is well positioned for growth in international trade and will continue to experience high growth over the next three to five years, said CEO of HSBC Vietnam, Pham Hong Hai.

Ministry outlines three growth scenarios for 2018

 The Ministry of Planning and Investment has outlined three scenarios for economic growth next year as part of its preparation for developing a socio-economic plan.

Vietnam takes preventive measures against bird flu

 The Department of Preventive Medicine requested the healthcare sector and relevant agencies to conduct measures to tackle avian viruses, with the likelihood of outbreaks in the country still high.