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The ministries of Finance and of Industry and Trade gave the approval for petrol and oil dealers to increase retail prices by VND500-1,000 per litre.
Just a few days after the outlines of Ministry of Industry and Trade’s plan for development of a “strategic car” – a true ‘made-in-Vietnam’ vehicle – became public, critics have opened fire.
Businesses are complaining that they have been required by Asia Commercial Bank (ACB) to pay fees equal to 2.5 percent of the value of loans.
Ho Chi Minh City’s consumer price index (CPI) rose by 0.55 percent in November against last month, according to the municipal statistics office.
Prime Minister Nguyen Tan Dung has asked the planning and investment sector to weigh up the pros and cons of the domestic and global situation to formulate appropriate plans for socio-economic development in 2010.
Ericsson Vietnam’s Deputy General Director, Denis Brunetti, has recognised the country as a promising market, citing an increasing influx of foreign investors in the industry as evidence, in an interview with the press.
As debate rages surrounding the cost of milk, National Assembly deputies have been demanding answers.
Vietnam is ready and willing to receive investors and businesses into its market and provide an optimal climate for their operations, stressed Deputy Prime Minister Truong Vinh Trong at the Vietnam Investment Forum held in San Francisco on Nov. 16.
Fuel and tobacco are among eight products that will be taxed under the Environment Tax Law expected to take effect on January 1, 2012.
Vietnam and Finland have agreed to step up cooperation in trade and investment to increase bilateral trade turnover to USD1 billion within the next few years.
