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The draft corporate income tax law stipulates the jurisdiction of the government in deciding the investment incentives for the big investment projects, which are expected to have high socio-economic impacts.
The total import-export turnover in the first quarter grew more than 18% year-on-year, yet the State budget revenue from import-export fell VND3.4 trillion, says a report of the Ministry of Finance.
The Ministry of Planning and Investment (MPI) has said that from now until 2018, environmental pollution will be improved through a US$58.85 million project on the management of pollution in industrial zones (IZs) in the low streams of the Dong Nai, Nhue-Day Rivers.
Asian Coast Development (Canada) Ltd (ACDL), which is developing a mammoth resort in Vung Tau, said on Thursday it has received local authorities’ approval of amendments to its investment certificate.
The Australia–Vietnam Business Council (AVBC) held a get-together in Sydney on April 4 to further bolster trade links between the two countries.
Sanofi, France’s biggest drugmaker, will start building a $75 million plant in Vietnam as rising income and urbanization bolsters demand for health care in Asia.
The price of coffee will continue to climb in the medium term due to the prolonged drought in the Tay Nguyen (Central Highlands) region.
Vietnam Air Service Company (VASCO) announced that it has resumed the air route between the Mekong Delta city of Can Tho and Con Dao Island.
Vietnamese exporters are keenly interested in the free trade agreement (FTA) being negotiated with the EU, but the FTA is unlikely to be of much benefit because of non-tariff barriers and the slow pace of policy change in Vietnam that could hinder investment from Europe.
In a market where foreign products account for more than 70 percent of the share, Vinamilk is currently exporting its products to 23 nations worldwide.
Vietnam has attracted 14,550 foreign direct investment (FDI) projects worth $211 billion for over the past 25 years, one official said.
