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Deputy Prime Minister Nguyen Thien Nhan on September 20 presented the “Vietnam Golden FDI” Awards to 85 FDI businesses and 15 entrepreneurs that have attained the most outstanding production and business performances in and out of the country.
Vietnam will only make cautious forecasts about foreign direct investment (FDI) until the end of next year as a number of international financial analysts have warned that a recovery might not materialize until 2011.
So few enterprises seem to understand the benefits of cleaner production in industry, the Government has approved a strategy to raise awareness with firms of the cost-savings and productivity gains that can be made from minimising environmental pollution.
Vietnamese Prime Minister Nguyen Tan Dung and his Hungarian counterpart Bajnai Gordon affirmed their determination to develop a stable, long-term and mutually beneficial relationship between the two countries during talks in Budapest on September 18.
Many real estate owners are trying to sell off their assets in order to avoid paying the 25 percent personal income tax (PIT) which will be imposed on real estate assignments as of September 26.
For the first time a number of FDI enterprises and entrepreneurs that have recorded the most outstanding production in and business performances Vietnam will be honored at a ceremony in Hanoi on September 20.
Despite Vietnam’s slowing economy and slumping tourism industry, European hotel operator Accor says it is planning to manage more than 20 hotels in the country by 2011.
Japanese railroad experts said at a conference September 15 that Vietnam should postpone a project to build a North-South high-speed railroad by ten to twenty years, as it would yield higher economic efficiency.
The Ministry of Agriculture and Rural Development is drafting a national program for rural development that aims to reduce the poverty rate and raise rural incomes.
A property tax system based on home value is not viable and unfair, experts say, arguing that homes should be taxed based on the area they are built on.
Ho Chi Minh City People’s Committee met with various bodies and businesses about building supermarkets and convenience stores in industrial zones (IZs) and export processing zones (EPZs) September 11.
