domestic petroleum business to sell 4555 per cent to strategic investor

Domestic petroleum business to sell 45.55 per cent to strategic investor

Thanh Le General Import Export Trading Corporation (Thanh Le) has been permitted to put a 45.55 per cent stake up for sale for strategic investors.
hcm city trials scrapping construction licence

HCM City trials scrapping construction licence

The HCM City People’s Committee has scrapped construction permits for individual houses on a trial basis in residential areas where the 1/500 scale detailed planning is complete.
radical proposals for special zones

Radical proposals for special zones

The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Việt Nam.
thua thien hue pursues casino project

Thua Thien-Hue pursues casino project

The Thua Thien-Hue Provincial People’s Committee has proposed the prime minister to permit the development of a casino in Laguna Lang Co integrated complex.
pm urges action on excessive business rules

PM urges action on excessive business rules

Prime Minister Nguyễn Xuân Phúc has demanded that all corresponding government departments, agencies and institutions to adjust policies as part of an “action-minded” government, to unburden Vietnamese firms of unnecessary business regulations, namely redundant business permits and categorisation.
numerous violations found in flcs million dollar projects

Numerous violations found in FLC’s million-dollar projects

Dozens of construction components in two resort projects developed by FLC Group have been put into operation without the necessary permits or quality inspection. 
expansion of hai van tunnel no 2 safe investor

Expansion of Hai Van Tunnel No 2 safe: investor

No cracks have been found during expansion work on the Hai Van Tunnel No 2 after a series of dynamite detonations were permitted between March and June, the project investor said yesterday.
administrative reforms assist hanoi businesses

Administrative reforms assist Hanoi businesses

Hanoi has been taking major steps towards the government’s recommendations on improving the business climate towards transparency and international conformity.
foreign investment what you need to know

Foreign investment: what you need to know

When making an investment in Vietnam, foreign investors must study the feasibility of the project based on various factors. One of them is that the investor must make sure if the business sectors they plan to operate in are permitted by the laws of Vietnam or satisfy regulatory conditions and requirements.
housing law ambiguities rankle foreign investors

Housing law ambiguities rankle foreign investors

Experts claim that despite the 2014 policy permitting non-Vietnamese citizens to purchase houses in Vietnam, variations in the interpretations of the policy leave investors sceptical and unsure about how to calculate risk.
draft dictates foreigners pay into social insurance

Draft dictates foreigners pay into social insurance

All foreign employees in Vietnam with work permits, practice certificates, or practice licences issued by local authorised agencies will be subject to compulsory social insurance payments if a new draft decree is approved.
rmit strengthens global standing

RMIT strengthens global standing

RMIT has improved its position in the 2017 QS World University Rankings by Subject, with nine subject areas ranked in the top 100 – two more than last year.
dong nai revokes 40 delayed abandoned fdi projects

Dong Nai revokes 40 delayed, abandoned FDI projects

The Industrial Zone Management Board of southern Dong Nai Province has revoked investment permits granted to 40 FDI projects that have been abandoned or delayed for a long time.
evn banned from investing in property banking sectors

EVN banned from investing in property, banking sectors

Electricity of Viet Nam (EVN) is not permitted to mobilise capital to invest in the real estate and finance sectors.
vietnamese to be permitted to gamble in casinos

Vietnamese to be permitted to gamble in casinos

Prime Minister Nguyen Xuan Phuc has signed a decree allowing Vietnamese to gamble at casinos in Viet Nam. It will come into effect on March 15.