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Vietnamese Prime Minister Nguyen Tan Dung on May 16 approved the results of negotiation on a $330 million loan for the Trung Son hydroelectric power plant construction from the International Bank for Reconstruction and Development under the World Bank (WB).
Vietnam Airlines will open non-stop flights from Hanoi to Kuala Lumpur from June 16, according to an official of Vietnam airline.
Vietnam attaches importance to boosting seafood exports to the European market – a promising market with a huge tra fish consumption demand, an industry organization official has said.
Japan ’s Tokai Kogyo Group has announced that it plans to build an automobile spare parts factory in the central city of Da Nang.
Vietnam became Switzerland’s single largest source of imported gold products since 2009, the Financial Times reported in the first April.
The Ministry of Finance is planning to impose an annual tax on owners of uninhabited mansions to discourage real estate speculators and curb wasteful use of land.
The Ministry of Industry and Trade, in an unexpected move, has announced a new rule requiring car importers to show proof that they are authorized dealers of the foreign carmakers they buy from.
State-owned firms are withdrawing their investments in areas outside their core businesses amid the state’s anti inflation measures.
Short-term economic pain has deterred foreign investors from entering the real estate sector, but manufacturing opportunities are still being grasped.
A number of domestic airlines have announced that they would increase their fares shortly after the Ministry of Finance (MoF) issued new ceiling prices for economy air fares on domestic routes.
A proposal by the finance ministry to make dividends tax exempt for stock investors has been rejected by legislators.
Foreign investors registered $1.56 billion by February 23, representing 68 per cent of the figure in the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
