Eight years after the phase-in schedule for the relevant World Trade Organization (WTO) commitments, Vietnam is, for the first time, setting forth a legal framework for foreign invested enterprises to trade in pharmaceuticals and pharmaceutical ingredients to fulfill its WTO commitments.
Midterm Vietnam Business Forum 2017 is a chance for enterprises and state agencies in Vietnam to dialogue and enhance the linkage between foreign and domestic investment.
A group of shareholders holding 49 per cent in SkyViet Airlines Joint Stock Company proposed dissolving the company a little more than a year after its establishment.
The Ho Chi Minh City Department of Taxation has sent invitations to merchants that sell goods and services through Facebook, asking them to file and pay tax after their activities.
Ta Long Hy, deputy general director of Vietnamese taxi company Vinasun, said the company would persist with suing Grab and Uber for unfair competition.
With its recent acquisition of Cau Tre Export Goods Processing Joint Stock Company, South Korean conglomerate CJ is one step closer to playing a crucial role in the Vietnamese processed food sector. However, the earlier failure in the race to control major player Vissan is going to pose a challenge.
Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to make TTC Group the biggest sugar producer in Vietnam in terms of output.
The government officials in charge of trade from the remaining 11 member states of the Trans-Pacific Partnership Agreement have agreed to continue with the agreement, despite US’ withdrawal.
The Vietnamese tax system is not as effective as one would hope in preventing tax dodging by companies, while its incentives are very generous at the expense of the state budget.
On May 12, Sao Mai Group Corporation (ASM) connected the 1.06-MW Sao Mai 1 solar power plant to the national grid.
Dinh La Thang, who was voted out of the Politburo on May 7 due to past mismanagement of state-owned Vietnam National Oil and Gas Group (PetroVietnam), has been appointed as a deputy chairman of the Party Central Committee’s Economic Commission.
The authorities of the central province of Quang Nam said that they would not propose the Ministry of Natural Resources and Environment to license Bong Mieu Gold Mining Company Ltd. (BMGMC), a subsidiary of Canadian company Besra Gold Inc., to exploit Bong Mieu gold mine again.
Nguyen Dang Thao, CEO of Euro Auto, the BMW distributor in Vietnam, and other colleagues have been arrested, by the police in order to investigate the use of fake papers in importing BMW car units.
The Central Inspection Commission has just proposed that the Politburo and the Party Central Committee consider disciplinary actions against Dinh La Thang, currently Politburo member and Secretary of the Ho Chi Minh City Party Committee.
Prime Minister Nguyen Xuan Phuc has requested the suspension of the $10.6-billion Ca Na steel project in the central province of Ninh Thuan in order to “clarify some issues related to the environment and technology.”