new safety net laid out for financial system

New safety net laid out for financial system

A ground-breaking new draft law on deposit insurance aims to better protect depositors’ legal rights and boost the safety of the national financial system.
a silver lining to gold decree

A silver lining to gold decree

The gold market is expected to be more tightly controlled with a new gold management draft decree coming into force in a matter of time.
high petrol price outcry

High petrol price outcry

Calls are getting louder for lower petrol prices despite Ministry of Finance claims that petroleum traders are still chalking up losses.
property sector urged to improve quality to overcome crisis

Property sector urged to improve quality to overcome crisis

Although the real estate market is encountering great difficulties, deputy minister of construction Nguyen Tran Nam told Tuoi Tre that businesses in this sector have to ‘rescue’ themselves by improving quality rather than waiting for government support.
long awaited vat path is set to be outlined

Long awaited VAT path is set to be outlined

Local banks’ SOS for value added tax guidance will soon be answered.
gold faces a taxing time

Gold faces a taxing time

A new export tax rate for gold will come into force on August 6.
fie losses turn to profits

FIE losses turn to profits

After being inspected, most of these enterprises, which had been reporting losses, released financial reports which showed profits.
new decree streamlines equitisation

New decree streamlines equitisation

A long-awaited equitisation decree is expected to boost flexibility in sales of state-owned enterprises.
holes in net as state fishes for tax boost

Holes in net as state fishes for tax boost

Complicated tax laws and a shortage of auditors are hurting the state’s ability to hit up enterprises for tax contributions.
tax relief gets the green light

Tax relief gets the green light

The National Assembly’s Standing Committee last week adopted temporary tax reductions for individuals and companies.
bottom falls out of tax collections

Bottom falls out of tax collections

More than 1,000 foreign-invested enterprises in Vietnam reported fake losses to evade tax in three years from 2008 to 2010.
lender strikes out on ipo route

Lender strikes out on IPO route

Vietnam’s third state-owned bank’s initial public offering is slated for this July.
dollar bonds talked down

Dollar bonds talked down

Foreign experts are talking down the prospects for Vietnam’s dollar-denominated bonds this year.
vbf underscores a range of development challenges

VBF underscores a range of development challenges

The Vietnam Business Forum (VBF) was held today prior to the Consultative Group (CG) meeting to be held in the central province of Ha Tinh on June 9.
swap plan favours minors

Swap plan favours minors

FPT Corporation, Vietnam’s biggest publicly traded telecommunications and software company, will merge with its three subsidiaries this year by issuing its own shares to swap with the units’.