The People’s Committee of Dong Nai province has suspended the licensing of construction projects in residential areas around the planned Long Thanh International Airport in an effort to prevent speculation and higher land prices.

Deputy Prime Minister Vuong Dinh Hue has approved a list of 406 State-owned enterprises (SOEs) marked for divestment from now until 2020.

The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7%.

The slow progress of ODA fund and public investment disbursement may result in huge losses for the whole economy, thus, it is necessary to find ways to use these sources of funding efficiently and transparently to spur economic growth.

Green development projects in Vietnam are catching attention of foreign investors on account of the Government’s favourable policies on land, taxes and capital as well as a large number of potential customers in the country.

The recent proposal to increase VAT by the Ministry of Finance (MoF) still contains a number of issues that can potentially cause economic loss and undermine social equity.

VietNamNet Bridge - Taking every opportunity to reduce prices, Truong Hai and Toyota, the two big automobile manufacturers, are trying to capture every corner of the market.

 The Government convened a meeting on law making on August 22, during which Prime Minister Nguyen Xuan Phuc said many laws still hamper each other.

VietNamNet Bridge - More and more Vietnamese enterprises are exporting goods via foreign supermarket chains.  

VietNamNet Bridge - Even after accepting students with low entrance exam scores, pedagogical schools are continuing to see a drop in enrollment.

 Almost every Vietnamese woman in an Institute for Workers and Trade Unions poll conducted earlier this year think gender will count against them at some point during their career.

 The Vietnam dong is expected to depreciate by two percentage points at the end of 2017, ending a period of stability that lasted throughout the year.

Vietnam exports to the UK hit US$2.8 billion in the first seven months of this year, up 1.61% against the same period last year, according to the General Department of Vietnam Customs.

More shipping firms have reported losses for 2016 and the first months of 2017 as the freight rate and the demand for goods transport have dropped to a 10-year low.

The Ministry of Planning and Investment (MPI) has proposed major incentives including prolonged income tax exemptions for businesses and individuals working in special economic zones in three provinces.

Local enterprises are spending around 28.6 million working days valued at VNĐ14.3 trillion (US$636 million) a year to complete administrative procedures for special inspections on imported and exported goods.

The Government Office last week sent a written document to the central bank governor, referring to the mobilisation of idle gold and foreign currency sources from the people.

Viet Nam’s benchmark VN Index remained fragile on Monday, losing its positive momentum as investors remained cautious over the current market downtrend.

Uber Vietnam’s representative said that its taxi brand UberX will raise fares in Ho Chi Minh City from August 24, closing up with traditional taxi fares.

Thanh Thanh Cong Tay Ninh Joint Stock Company (TTCS) will fully acquire Bien Hoa Sugar Joint Stock Company (JSC), becoming in the process the biggest sugar producer in Viet Nam.