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Shinhan Vietnam Bank has become the largest foreign bank in Vietnam after formally taking over Shinhan Vina Joint-Venture bank on Monday.
The Vietnamese Ship Owners’ Association (VSA) has asked the relevant authorities to tighten the granting of licenses to foreign ship owners who are squeezing out local logistics companies.
The Government promulgated Decree No 39/2011/ND-CP last May, amending Decree No 185/2004/ND-CP on penalties for administrative violations in accountancy. Decree No 39 took effect on August 1.
A workshop on opportunities for Vietnamese seafood in the United Arab Emirates (UAE) market is taking place in the UAE capital city of Abu Dhabi from November 21-23.
Vietnam Report, in collaboration with online newswire VietNamNet and the General Department of Taxation’s Tax magazine, organised a ceremony on November 22 to honour the country’s top 1,000 corporate-tax contributors in Hanoi.
Japanese businesses are flocking to Vietnam to seek investment opportunities in the wave of relocating production bases to other countries to avoid high labor cost and natural calamities.
The Asian Development Bank (ADB) has approved a loan of $309.89 million for a new 750 megawatt (MW) power plant in Vietnam that will provide critically needed electricity to the country’s energy-starved south.
Japan’s Toyota Motor Corp. has requested Vietnamese authorities check the import of its cars into Vietnam, saying it has only one official distributor in the country, news website VnExpress reported.
Indonesia on November 17 urged Vietnamese enterprises to invest more in the country to boost bilateral trade to $5 billion by 2015, as planned recently by the two countries.
The Ministry of Planning and Investment has approved a socio-economic development planning scheme for offshore Con Dao district of Ba Ria-Vung Tau province until 2020, with vision to 2030.
U.S.-based firms are exploring investment opportunities for infrastructure development at Danang Airport, the third biggest international airport in Vietnam, according to Danang authorities.
