Construction on Duyen Hai seaport begins

Date: 22/04/2013

Vietnam Electricity began construction on a seaport for the Duyen Hai Electricity Centre in the southern province of Tra Vinh on April 21.

Print newspapers in Vietnam seek early tax cut

Date: 22/04/2013

The Vietnamese Ministry of Finance proposes to reduce corporate tax for the print media to 10 percent from next year, but the industry wants the cut earlier because it is suffering losses and the fact its role is different from that of other industries.

Preferential import duty rates increase

Date: 22/04/2013

On April 4, the Ministry of Finance issued Circular No38/2013/TT-BTC amending preferential import duty rates applicable to some commodities, including polymeric styrene in primary forms; synthetic filament yarn (other than sewing thread) not for retail sale, including synthetic monofilament of less...

New labour rules to ease investor concerns

Date: 22/04/2013

The Ministry of Labour, Invalids and Social Affairs (MoLISA) is drafting a decree on detailing the implementation of some Labour Code articles on foreigners working in Vietnam, which will take effect on May 1, 2013.

TPP can belie export expectations

Date: 18/04/2013

Vietnam hopes the Trans-Pacific Partnership (TPP) that it is set to sign with 10 other countries will create more opportunities to boost exports and attract more foreign investment.

Thanh Hoa attracts investment from South Korea

Date: 18/04/2013

The central province of Thanh Hoa pledges to create favourable conditions for investment by South Korean enterprises.

Credit quotas make no more significance to banks

Date: 16/04/2013

The State Bank of Vietnam has unexpected allocated the credit growth rate quotas to commercial banks. The disbursement for the national economy must not be higher than 12 percent in 2013.

US$20 million factory granted licence in Dong Nai

Date: 15/04/2013

Southern Dong Nai Province has given the green light for the Japanese company Pegasus-Shimatomo Auto Parts to start construction on a factory for automobile and motorbike spare parts.

Thermal power plant opens

Date: 15/04/2013

The inauguration of US$557 million Mao Khe Thermal Power Plant took place yesterday in the north-eastern province of Quang Ninh, six months earlier than schedule.

Pharma firm invests in new factory

Date: 15/04/2013

Sanofi, a French-based pharmaceutical company, has announced a new project worth US$75 million – its biggest investment in Viet Nam so far despite the current economic downturn. Sanofi CEO Chris Viehbacher spoke to Viet Nam News at a local press briefing about the group’s commitment in Viet Nam.

ADB pares Vietnam economic growth forecast

Date: 12/04/2013

The Asian Development Bank has lowered Vietnam’s economic growth forecast for this year from its earlier 5.7 percent to 5.2 percent.

Take-away coffee booming in Vietnam

Date: 12/04/2013

More and more take-away coffee brands, both domestic and foreign, have appeared on the market, creating a new tendency of enjoying coffee among the youth.

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