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Finance Ministry proposes ‘reasonable’ tax hikes

MOF introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.

Technology turns cashew-nut shells into “gold”

VietNamNet Bridge - Carnadol is much more valuable than raw cashew oil which can bring profits of at least VND2 million per ton.

New programme to tighten control of catfish exported to US

MARD has issued a safety control programme designed for Siluriformes fish (mainly tra and basa) and related products exported to the US market as part of efforts to adapt to new changes in the market.

Banks’ messy cross-ownership resembles ‘bamboo shavings’

VietNamNet Bridge - The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but  the achievements remain modest.

Moody's: Diversified economy offers Vietnam greater resilience than Cambodia

While both Cambodia and Vietnam share strong growth prospects and risks related to their financial systems, Vietnam’s more diverse economy, stronger institutions, and higher incomes underpin greater shock absorption capacity.

Rugby helps promote gender equality in Vietnam

These girls are mostly from Muong ethnic minority groups in Hoa Binh. Looking at their skills, it’s hard to believe that they have played rugby for only two years thanks to a programme called ChildFund Pass it Back.

Thach Khe project: too many risks to environment

VietNamNet Bridge - Experts believe that Ha Tinh province can develop its economy without having to rely on  Thach Khe iron ore mining. 

E-logistics: foreign rivals crowd busy market

VietNamNet Bridge - The forwarding market has been witnessing a boom since 2012 with the presence of many businesses, from post-based companies to young startups.

Educator decries ‘helicopter parenting’ methods

Parents traveled 40 kilometers to the camp where their high school-aged children recently received military training to bring food and drink, because they thought they might suffer from a poor diet.

Better solar energy policies needed from government: expert

Dr Dang Luong Mo, a leading scientist in microchips, speaking at a recent conference with Viet Kieu professionals that discussed HCMC development, questioned how solar panels would be disposed of after their “shelf life” of 20-25 years. 

Visiting Sin Ho ancient tea trees

 Sa De Phin in Sin Ho District, northern Lai Chau province, is famous for hundred-year old tea trees, which are considered valuable local specialties.

Reforms help M&A landscape to shine

 With a burst of activity during the first eight months of 2017 in the property market, Vietnam  real estate has recently become a preferred destination in the mega trend for mergers and acquisitions.

Advice for FDI firms on distribution rights

 Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.

Dinh Vu Polyester Fibre Plant to restart production

 The Dinh Vu Polyester Fibre Plant is scheduled to restart production soon after a prolonged suspension of operations.

Ho Thi Kim Thoa dismissed from position of deputy trade minister

Ho Thi Kim Thoa was dismissed from the position of Deputy Minister of Industry and Trade under a decision issued by the Prime Minister on August 16. 

Vietnam spends nearly $1.7 billion on corn import every year

Vietnam has so far this year imported 4.13 million tonnes of corn worth $825 million, according to the Ministry of Agriculture and Rural Development.  

Vietnamese flag flies at SEA Games 29

 A 681-strong Vietnamese delegation to the Southeast Asia Games 29 (SEA Games 29) took part in a flag-hoisting ceremony held at Bukit Jalil National Stadium in Kuala Lumpur, Malaysia on August 16.

Vietnam aims to rank in Top 3 at SEA Games 29

Vietnam aims to rank in Top 3 at SEA Games 29

Businesses have to contend with a “forest” of sublicenses

VietNamnet Bridge - Despite reform, thousands of sub-licenses still exist, affecting businesses’ performance.

APEC SOM 3 to take place in Ho Chi Minh City next week

 The third  Senior Officials’ Meeting and Related Meetings (SOM-3)  of Asia-Pacific Economic Cooperation (APEC)  is scheduled to take place in Ho Chi Minh City from August 18-30.