11-09-2006 17:39
International experts have warned that the personal income tax bill announced by the Ministry of Finance last week may face protests from foreigners.
04-09-2006 18:00
The government has rejected a proposed joint venture with a British cigarette company on the grounds that it contradicts existing tobacco industry regulations.
13-07-2006 17:39
The Ministry of Industry (MoI) is pushing ahead for Central Party Committee approval to raise power prices.At a meeting with the committee’s Economic Board on energy prices, held last week in Hanoi, MoI officials said the urgent demands of reinvestment for power projects and debt repayment were the reason for the proposed increase of electricity prices.
12-06-2006 18:01
Despite becoming the first choice of Japanese investors considering relocating their investments from China, Vietnam remains fifth in ASEAN to attract re-aligning Japanese investors overall, according to the latest version of a survey released by the Japan External Trade Organisation (JETRO) last week.
22-05-2006 18:13
The local insurance industry is expected to boom with the entrance of more foreign-invested firms to the local market as Vietnam integrates into the World Trade Organisation, resulting in a tougher competition for domestic firms, Vu Long writes.
15-05-2006 17:40
The number of income earners hit by personal income tax is set to increase under a Ministry of Finance plan lowering Vietnam’s tax threshold.
03-05-2006 17:40
The government’s decision to make life easier for petrol importers by increasing oil and gas prices last week has caused suffering to essential transport service firms across Vietnam.
10-04-2006 17:40
Government officials said last week that proposed increases in electricity prices were reasonable and would not have an adverse effect on the economy.
22-03-2006 17:40
The government has announced that it will allow wholly foreign-owned banks to open their doors and provide greater banking services from the end of this week.
07-03-2006 18:13
Shares of unlisted joint stock firms will be officially transacted via securities companies in a move to diversify the market, officials from the State Securities Commission (SSC) said last week.
06-03-2006 18:01
The new price of electricity proposed by Electricity of Vietnam (EVN) was rejected last week, meaning the sole enterprise that distributes electricity will have to cope with a greater financial burden for investment.
27-02-2006 18:14
Citigroup, one of the world’s largest banking and financial services corporations, was just granted a licence to provide direct custody and clearing services in Vietnam, an expansion move in response to the country’s emerging securities market.
14-02-2006 18:01
Government agencies will be unable to purchase new cars from the middle of the year, in the first steps under the recently passed Anti-waste and Thrift Practice Law.Following decision 25, state agencies, ministries, departments and provinces face a moratorium on new car purchases from June 1 of this year.
06-02-2006 18:14
An import tax reduction on gold, diamonds and gemstones will be taken into consideration in a bid to support enterprises which are suffering losses as a result of the ever-increasing price of gold on the world market.
17-01-2006 18:14
A private credit bureau, the first of its kind to operate in Vietnam, may be set up this year to provide information on would-be borrowers to credit organisations and commercial banks upon request. However, there are still ongoing arguments over the finer details of the actual bureau model. Vu Long writes.