This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies Find out more here
The leather and footwear sector is trying to meet this year’s US$8.5 billion export earning target despite numerous difficulties in the market.
The Viet Nam Chamber of Commerce and Industry is calling for corporate income tax rates to be cut from 25 per cent to 23 per cent and has circulted a proposed revision to the Law on Corporate Income Taxation.
A USD1-billion hotel project site invested in by the Kinh Bac City Development Holding Corporation in Hanoi remains a wasteland
Around 55,000 enterprises in Vietnam may file for bankruptcy by the end of this year but the situation was not overly serious, one official said.
Challenges to the ASEAN Free Trade Area (AFTA) by 2018 and the target to become an industrialized country by 2020 are placing increasingly heavy pressure on most of Vietnam’s support industries.
The Vietnam Register (VR), the national registration agency, has requested enterprises to have sample cars of every consignment of import cars to test their safety. This has raised a wave of anger among automobile manufacturers and distributors.
Ho Chi Minh City export turnover in 2012 increased by 7.36 percent since last year, to touch US$30.25 billion, said Huynh Khanh Hiep, deputy director of the Department of Industry and Trade, at a meeting in December 2012 to review the present export status and to plan for 2013.
US-based private investment firm Harbinger Capital Partners will continue investing in the integrated Ho Tram Strip resort in southern Vietnam, expected to open early next year.
Viet Nam and Ukraine will start negotiations for a free trade agreement (FTA) in January 2013 in a move to boost bilateral trade value.
If local banks do not adopt proper strategies, the retail banking market in Viet Nam will soon be overtaken by foreign banks, experts have warned.
The Hanoi People’s Committee requested that its agencies halt purchasing of public cars and the construction of new headquarters next year as a way to maximize spending efficiency.
DHL, the world’s leading logistics company, has strengthened its Vietnam network by opening a new VND10 billion ($500,000) depot in Danang.
