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The Government will seek advice from local experts before giving a final say on whether to launch the second economic stimulus package in its regular meeting late this month, said Government Office chief Nguyen Xuan Phuc.
Commercial banks in Vietnam continue to raise deposit interest rates to attract more funds despite an industry agreement in September to keep rates stable for the remaining months of the year.
Vietnam Report Joint Stock Co in a report on Vietnam’s real estate market for 2009 and 2010 has said that from now to 2020, the country needs about 1.3 billion square metres of new housing, which is really a big opportunity for investors.
According to the Vietnam Chamber of Commerce and Industry (VCCI), there have been 35 anti-dumping lawsuits against Vietnam so far, including two against Vietnam’s seafood export products, the tra and basa lawsuit in 2001 and the shrimp lawsuit in 2003.
The vice chairman of the Japan Association of Corporate Executives, better known as Keizai Doyukai, has called for Vietnam to boost infrastructure development in order to attract more Japanese investors.
Minister of Industry and Trade Vu Huy Hoang, while admitting the possible minus export growth for 2009, points out that Vietnam’s achievements are still much better than that of many other countries and plans for increasing exports should show results in early 2010.
Foreign experts on official development assistance projects in Vietnam will soon be exempt from paying personal income taxes, according a recently-issued government statute to take effect November 20.
Owners of automobiles would pay an annual operator’s fee deposited in a road maintenance fund under a draft proposal by the Ministry of Transport.
Prime Minister Nguyen Tan Dung turned the first sod on construction of the North-South Expressway’s HCM City-Long Thanh-Dau Giay section on Saturday (03 Oct 2009).
Early next year, Vietnam is set to open up its first television channel that is solely dedicated to helping prevent natural disasters.
On October 4, the south central province of Khanh Hoa granted a licence to the Nha Trang Lighthouse Complex project.
Vietnam, Laos, and Cambodia have agreed that a common visa to enter the three countries is an important goal in future.
