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Revocation of $3.2 billion Vung Ro refinery places residents into limbo

 The revocation of $3.2 billion Vung Ro refinery and petrochemical complex not only broke locals’ dreams of a stable life, but also made their lives uncertain.   

Working group formed to inspect Vietnam’s public services

  Prime Minister Nguyen Xuan Phuc has established a working group led by the minister for home affairs to help the Government leader carry out inspections of public service agencies’ compliance with legal regulations.

Vietnam to cut corporate tax to 15-17% in bid to boost business climate

 Vietnam is planning to slash corporate income tax rates from the current 20-22% to 15-17% in an effort to make the country one of the most competitive economies in ASEAN, Prime Minister Nguyen Xuan Phuc has revealed.

The door to US market opens to Vietnam’s fruits

VietNamNet Bridge - Vietnam has successfully entered many markets after years of negotiations, including choosy ones such as the US, Chile, Japan, Taiwan and New Zealand, according to Le Van Thiet, deputy director of the Plant Protection Agency. 

Car imports forecast to rise again as firms adjust to rules

 The General Statistics Office of Vietnam (GSO) estimated that imports of completely built-up cars in April will likely jump in both volume and value compared to the previous month.

US launches investigations into Vietnamese laminated woven sacks

 The US Department of Commerce (DOC) recently announced an anti-dumping duty and countervailing duty investigations into laminated woven sacks imported from Vietnam.

Condotel segment forecast to keep booming in 2018

 The condotel (condo hotel) market is forecast to remain attractive to investors in 2018, with increasing amounts of capital poured by both domestic and foreign investors into the segment.

Draft decree hard on illegal labour

 Foreigners working in Vietnam without a valid work permit will continue to be deported from the country, while employers will also face heavy fines for violating regulations about foreign employees.

E-commerce platforms line up to fill Facebook’s boots

 Online businesses may turn to other platforms to do business after Facebook blocked API, affecting many Vietnamese retailers using it as a trading platform.

High-quality workforce: a hot issue before CPTPP

Vietnamese and foreign representatives will attend a workshop on April 5 to discuss potential applications of IT in human resources training ahead of the enforcement of the Comprehensive and Progressive Pacific Partnership (CPTPP).

Hanoi decides to list buildings breaking the fire code

 Hanoi authorities are planning to announce the list of apartment buildings violating fire prevention and fighting regulations, following a similar move in Ho Chi Minh City.

Vietnamese coal in a tight spot

 Coal is imported more and more, due to some coal thermal power plants are putting into opearation and imported coal is cheaper.

HCM City highways set for upgrades

HCM City in recent years has built a number of multi-million dollar roads, including the Hanoi, Nguyen Van Linh and Pham Van Dong highways, but footbridges and public restroom facilities were not included ...

Delaying Cat Linh-Hadong elevated urban railway to 2021 nothing but rumour

 The Cat Linh-Ha Dong elevated urban railway will come into commercial operation in this December, despite rumours about a 2021 date.

HCM City to remove ten ports along Saigon River, replaced by high-rise buildings

 According to the Ministry of Transport, to facilitate urbanisation, ten ports located along the Saigon River will be removed.

Forest rangers investigate seized trees

 The Forest Protection Department is investigating the origin of three giant trees which have just been seized while being transported for sale.

Foreign OTAs dominate Vietnam’s online travel market

 Global online travel agencies (OTAs) currently hold up to 80% of Vietnam’s online travel market share, said Nguyen Van Tuan, head of the Vietnam National Administration of Tourism (VNAT).

PetroVietnam investment in Ocean Bank unlikely to be recovered

 The former PetroVietnam chairman Dinh La Thang has been ordered to repay VND600bn to PetroVietnam but lawyers claim it would be difficult to recover the money.

Honey harvesting season in Hung Yen

 Households in the northern province of Hung Yen are busy harvesting honey.

Forgiving tax debts must be done transparently

A recent proposal by the Ministry of Finance to clear over $1.16 billion of tax arrears, accounting for more than a third of all tax arrears and irrecoverable fines, has raised public concern about the fairness and transparency of handling tax debts.