Why are foreigners’ house purchases proceeding at a sluggish rate?
8/18/2017 8:00:00 AM (GMT+7)
VietNamNet Bridge - Since the Housing Law took effect in July 2015, 549 land-use right certificates (red books) have been issued to foreign individuals and institutions who have bought houses in Vietnam.

VND2 trillion loss predicted if mining at Thach Khe stops
8/18/2017 12:00:00 PM (GMT+7)
MPI has suggested stopping mining operations at Thach Khe, the biggest iron ore operation in SE Asia, but the Ministry of Industry and Trade (MOIT), Vinacomin and Thach Khe Iron JSC (TIC) have disagreed about the plan.


 
Foreign investors register $1.2 billion for piece in VPBank
8/17/2017 4:00:00 PM (GMT+7)
The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date. 

SOEs facing divestment to be made public soon
8/17/2017 3:00:00 PM (GMT+7)
Deputy Prime Minister Vuong Dinh Hue on Wednesday urged the Ministry of Planning and Investment (MPI) to quickly finalise the list of State-owned enterprises (SOEs) that needed to be divested.


 
Finance Ministry proposes ‘reasonable’ tax hikes
8/17/2017 2:00:00 PM (GMT+7)
MOF introduced a draft of amendments to laws on Value Added Tax, Special Consumption Tax, Corporate Income Tax, Personal Income Tax and Natural Resources Protection Tax at a press conference on Tuesday.

New programme to tighten control of catfish exported to US
8/17/2017 1:01:20 PM (GMT+7)
MARD has issued a safety control programme designed for Siluriformes fish (mainly tra and basa) and related products exported to the US market as part of efforts to adapt to new changes in the market.


 
Moody's: Diversified economy offers Vietnam greater resilience than Cambodia
8/17/2017 9:05:00 AM (GMT+7)
While both Cambodia and Vietnam share strong growth prospects and risks related to their financial systems, Vietnam’s more diverse economy, stronger institutions, and higher incomes underpin greater shock absorption capacity.

Foreign brewers eye Vietnamese beer market
8/17/2017 4:00:00 PM (GMT+7)
VietNamNet Bridge - With the consumption level of 3.8 billion liters of beer a year, the third highest in the world and the highest in SE Asia, Vietnam is a highly attractive market for brewers. 


 
BUSINESS IN BRIEF 17/8
8/17/2017 8:16:00 AM (GMT+7)
Bac Ninh attracts almost 3 billion USD in investment, Railway sector asked to improve competitiveness, Co Chien IZ to be built for $53m, US beef exports to Vietnam double in first half of 2017

Reforms help M&A landscape to shine
8/17/2017 7:00:00 AM (GMT+7)
 With a burst of activity during the first eight months of 2017 in the property market, Vietnam  real estate has recently become a preferred destination in the mega trend for mergers and acquisitions.


 
Advice for FDI firms on distribution rights
8/17/2017 6:30:00 AM (GMT+7)
 Enterprises with foreign-owned capital (even one per cent) need to register distribution rights before trading goods purchased from other Vietnamese organisations or imported into the country.

Banks’ messy cross-ownership resembles ‘bamboo shavings’
8/17/2017 12:00:00 PM (GMT+7)
VietNamNet Bridge - The State Bank of Vietnam is determined to get rid of cross-ownership status at banks, but  the achievements remain modest.


 

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