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August 13, 2012, the Ministry of Finance shall prescribe the license fee established representative offices of foreign traders in Vietnam Circular 133/2012/TT-BTC .
Income tax free for 02 years and income tax rate at 50% for the following 04 years to newly established businesses in critical socio-economic condition provinces stated in the Appendix to Circular 124/2008/ND-CP issued 11/12/2008 by the Government (Point 03, Part 03, Article H of Circular 130/2008/TT-...
Under a Health Ministry project, about 100 satellite hospitals will be set up in southern provinces in the 2012-2020 period in an effort to ease patient overloading and thereby improve treatment quality.
Experts have urged Vietnamese businesses to be proactive in seeking foreign capital and reduce their reliance on loans from domestic banks.
Transforwarding Warehousing Joint-Stock Corp., or Transimex Saigon, on Monday started constructing a goods distribution center in Song Than 2 Industrial Park in Di An District, Binh Duong Province.
The Ministry of Transport has recently set up the Agency for Private – Public Partnership, which will develop the legal framework for the country to attract investments from the private sector, both in Vietnam and other nations, into its traffic infrastructure projects, including airports.
Tenova Strip Processing has signed two contracts with Southern Steel Sheet Corporation, a JV of Vietnam Steel Group with Sumitomo and Federal Iron Works (Malaysia) for the production of high quality galvanized and color coated coils.
HCMC’s government encourages Saigon Industrial Park Development Company (Saigon IPD) to build a logistics center in Thanh My Loi Ward in District 2 with a total investment of US$170 million.
Internationally operating logistics company Dachser is continuing to pursue its worldwide expansion course and at the beginning of October established a joint venture in Vietnam.
Vietnam is one among four emerging economies reaching the highest growth in Asia and has great potential to compete with regional countries and China, says Ernst&Young, a leading professional service organization.
Vietnamese telecoms companies are no longer reliant on foreign partners, resulting in the withdrawal of foreign-invested companies from the domestic telecoms market, said an official in a report published by Vietnam Investment Review.
It’s highly possible that big successful joint ventures which commit to do long term business in Vietnam would be allowed to mortgage land and the assets built on the land at foreign banks for loans.
