MOF to restore tax incentives to encourage FDI to IZs

Date: 26/03/2013

The draft of the corporate income tax law compiled by the Ministry of Finance (MOF) is comprised of the provision saying that the tax incentives for industrial zones (IZs) would be restored.

Business in brief 25 March 2013

Date: 26/03/2013

(Sourced from various news agencies)

Maintaining VAT tax incentives to support businesses

Date: 20/03/2013

Reasoning economic difficulty, the National Assembly on March 18 agreed not to reduce the number of groups of goods that are entitled to the value added tax rate (VAT) of 0% and 5%.

Vietnamese spend $7-8 billion on foreign services

Date: 20/03/2013

Vietnamese spend $1.5 billion dollars to receive training at foreign universities, $2 billion to have healthcare abroad and $3.5 billion on outbound tours.

Vietnam ranks seventh in the world for remittances

Date: 20/03/2013

VietNamNet Bridge - The amount of foreign currency sent to Vietnam by overseas Vietnamese last year reached more than $10 billion, said Foreign Minister Pham Binh Minh on February 17.

Dong Nai to clear 21,000 ha for new airport infrastructure

Date: 20/03/2013

Major industrial province Dong Nai has announced plans to clear 21,000 hectares around the proposed international airport, expected to the country’s biggest, for related infrastructure facilities.

Japan explores investment in southern province

Date: 20/03/2013

A business delegation from Japan’s Kobe city has explored investment opportunities in southern Ba Ria-Vung Tau province in seaport development, logistics and supporting industry.

Vietnamese firms receive national quality awards

Date: 18/03/2013

on March 17, as many as 67 Vietnamese enterprises have been presented with 2012 National Quality Awards (NQA) at a ceremony in Hanoi.

PVC-MS launches Diamond field project

Date: 18/03/2013

On 15 Mar, Petroleum Equipment Assembly and Metal Structure Joint Stock Company (PVC-MS) launched the Diamond field development project in Vung Tau city.

Canon appreciates Vietnam market

Date: 18/03/2013

"Vietnam is a very important market for Canon", Kensaku Konishi, President and CEO of Canon for South and Southeast Asia, told Singapore-based Vietnam News Agency reporter.

Dong Nai is supported by Japanese firms

Date: 18/03/2013

On Wednesday, Dong Nai provincial People’s Committee and the Kansai Bureau of Economy, Trade and Industry (KBETI) of Japan discussed future co-operation in support industries.

No more licenses for construction steel projects

Date: 10/03/2013

The Ministry of Industry and Trade might not issue investment licenses to new construction steel projects as local steel demand has been way below the country’s supply.

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