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Van Phong international transit port is scheduled to be kicked off by the end of October, said Le Trieu Thanh, vice general director of Vinalines Shipping Co (Vinalines), investor of Van Phong port.
The property market in Ho Chi Minh City is at a near stand still as investors have halted purchasing in the face of a new capital gains tax effective today.
Remittances from the overseas Vietnamese community are down somewhat this year, but have not fallen as far as was feared.
The Finance Ministry will impose a lower luxury tax on imported hybrid cars, as long as importers can prove the vehicles are energy-efficient, reported by a newspaper on Thursday (24 Sep 2009).
The widest bridge in Vietnam, designed and built exclusively by local workers, opened to traffic in Hanoi Friday (25 Sep 2009), shortening travel between the center of the capital and National Highway 5 by three kilometers.
Seven projects planned for the 1,000th anniversary of Ha Noi will not be finished in time for the celebrations next year due to delays with land clearance and a lack of co-operation between Government agencies.
Four organizations of the Computer Software Protection Partnership Program on Monday jointly penned a warning about intellectual property protection for over 10,000 companies in Vietnam, reminding them of severe consequences for using counterfeit software.
Prime Minister Nguyen Tan Dung has given the green light for construction of the HCM City – Long Thanh – Dau Giay Expressway starting today.
Gold price in Vietnam dropped to VND22 million a tael (1.2 ounces) on September 25 as global price headed for its weekly biggest decline in the last two months. It came after major economic indices announced by the US government were not as positive as expected.
The farmers associations of Ho Chi Minh City, Dong Nai, and Ba Ria-Vung Tau Provinces have finally announced the amount of damages they would demand from Vedan Vietnam for the loss it caused to farmers by polluting the Thi Vai River: VND569.5 billion (USD31.6 million).
The HCM City’s People’s Committee has asked the Department of Natural Resources and Environment to work with other agencies to develop a detailed price list of household waste treatment fees so that new regulations on the fees can be created.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has called on the Government to ‘rescue’ the seafood industry by lowering the tariff on material imports for domestic processing.