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A source from Ministry of Finance said that the agency is drafting an export tariff frame on coal, accordingly the expected tariff may be raised to 20% instead of current 15%. This is seen as one of measures to control and curb export of material coal while the resource is running out.
Agencies, associations, social organisations, businesses and consumers should be aware of the new Vietnamese law on consumer rights’ protection that will become effective on July 1, a ministry official has said.
The government has scaled-up efforts to address a growing trade deficit through imposing higher taxes on used car imports.
The US dollar-Vietnamese dong exchange rate is expected to hold steady to the end of this year, but ANZ and Standard Chartered banks anticipates a dong devaluation early next year.
Greater investment incentives are needed to get more industrial zone workers into personal residences.
Foreign investors poured US$5.3 billion into the country in the first half of the year, down roughly 1.9 per cent against the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency reported.
Ho Chi Minh City authorities are scaling up efforts to accelerate metro project pace.
The Vietnamese government will require state-invested enterprises to reduce the percentage of capital they invest in non-core business activities under a draft regulation compiled by the Ministry of Finance (MoF).
The recent Thai rice price hike may prompt importing countries to turn to Vietnam for the food staple, according to industry sources.
A seminar was held in Hanoi on June 22 to discuss measures to attract investment from Japanese small-and-medium-sized businesses in Vietnam’s support industry.
Intel Products Viet Nam announced on Tuesday it was looking for Vietnamese companies to supply components, accessories and services to support its assembly and chip-testing plant in the Sai Gon High-tech Park located in HCM City.
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) put its urea fertilizer plant Dam Phu My back into operation last Friday after a month of maintenance.
