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It remains unclear about the foreign direct investment (FDI) capital in the central city of Da Nang, since the city’s Department of Planning and Investment and Investment Promotion Centre (IPC) have given two different figures.
The Asian Development Bank has forecast that Vietnam’s GDP growth rate this year will stand at 4.5%, the highest among Southeast Asian countries, and much higher compared to the average GDP growth of the region of 0.7%.
The United Nations Development Program (UNDP) announced Friday it would fund Vietnam $3.5 million to help it strengthen policy development capacity, according to a UNDP press release.
The Ministry of Finance (MOF) has sent a dispatch to Hanoi and HCM City localities, encouraging the two cities to raise the vehicle ownership registration tax to 15% for vehicles with less than 10 seats.
Viipip.com - Long Thanh international airport (Dong Nai Province) to be built in the Southern Province will be on a par with major airports around the world. It will have eight administrative sections and serve approximately 100 million passengers annually.
In many countries, arbitration is a common alternative for dispute resolution, bringing a number of advantages over going to court, from simplicity and time-saving, to confidentiality and less interference with normal business operations.
Vietnam is emerging as one of potential tourism markets of Macao, said the Special Administrative Region’s (SAR) Government Tourist Office (MGTO) director Joao Manuel Costa Auntunes.
The Spanish Government will provide a grant of three million euro to conduct feasibility studies for two subways in the city, said an official from the HCMC Urban Railway Management Unit.
Export taxes applied to crude oil and mineral products are set to increase on January 1, but law markers have turned back a Government proposal to raise the maximum export tax rate on rice and other agricultural products.
The southern province of Vinh Long should create favourable conditions for enterprises to expand the local market, said Deputy Prime Minister Nguyen Thien Nhan while extending New Year greetings to the provincial Party Committee, local authorities and residents on January 22nd 2009.
The central city of Da Nang has been listed on the Japan External Trade Organization (JETRO)’s survey comparing investment costs in major Asian cities and regions, according to the city’s representative office in Tokyo.
The Vietnam National Oil and Gas Group (PetroVietnam) has announced that it will sell up to 30 percent of its shares in oil refineries to foreign partners that are ready and willing to supply crude oil to those plants on a long-term basis.
