Low-cost homes seen as lifeline for troubled developers

Date: 02/05/2013

Listed realty developers have come up with new business strategies for 2013 including concentrating more on low-cost homes after a year struggling with slackened housing demand.

Business in brief 26 April 2013

Date: 02/05/2013

(Sourced from various news agencies)

Binh Phuoc province lures Japanese investors

Date: 25/04/2013

Leaders of southern Binh Phuoc province have vowed to create a favourable environment for Japanese investors in the time to come.

PetroVietnam objects to licensing Thai refinery in central Vietnam

Date: 25/04/2013

State-owned oil company PetroVietnam, which owns the country’s sole oil refinery and is building others, does not want a Thai company to get a license to build one, saying it would upset the demand-supply balance, Tuoi Tre (Youth) newspaper reported.

Lotte cherishes ambitious business plan in Vietnam

Date: 25/04/2013

The merger and acquisition (M&A) deals Lotte concluded recently shows its ambitious investment plan in Vietnam.

Business in brief 18 April 2013

Date: 22/04/2013

(Sourced from various news agencies)

Work starts on int’l port in Haiphong

Date: 22/04/2013

The Ministry of Transport on Sunday started construction of component A of Haiphong International Gateway Seaport, or Lach Huyen Port, in Cat Hai District in the northern coastal city of Haiphong for completion in 2016.

Saigon 2 Bridge ready in end-November

Date: 22/04/2013

The Saigon 2 Bridge project has completed 60% of total construction volume and with the current construction pace, it is expected to be ready at the end of November, said the project owner HCMC Infrastructure Investment JSC (CII).

Construction on Duyen Hai seaport begins

Date: 22/04/2013

Vietnam Electricity began construction on a seaport for the Duyen Hai Electricity Centre in the southern province of Tra Vinh on April 21.

Print newspapers in Vietnam seek early tax cut

Date: 22/04/2013

The Vietnamese Ministry of Finance proposes to reduce corporate tax for the print media to 10 percent from next year, but the industry wants the cut earlier because it is suffering losses and the fact its role is different from that of other industries.

Preferential import duty rates increase

Date: 22/04/2013

On April 4, the Ministry of Finance issued Circular No38/2013/TT-BTC amending preferential import duty rates applicable to some commodities, including polymeric styrene in primary forms; synthetic filament yarn (other than sewing thread) not for retail sale, including synthetic monofilament of less...

New labour rules to ease investor concerns

Date: 22/04/2013

The Ministry of Labour, Invalids and Social Affairs (MoLISA) is drafting a decree on detailing the implementation of some Labour Code articles on foreigners working in Vietnam, which will take effect on May 1, 2013.

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