Category : Business

Business

Ministries speed up streamlining of regulations

& Ministries have continued accelerating administrative reforms to aid businesses in their operations.

Economy lacks capital, even as treasury deposits remain high

VietNamNet Bridge - While the state treasury has plenty of money, the national economy still thirsts for capital.&

VN-Index drops 43.9 points due to selling pressure

& Panic and selling pressure embraced the whole stock market on April 19, pushing the VN-Index down to 1,094.63 points, a fall of 43.9 points as compared to the previous day.

Legislature has yet to weigh property tax

& The National Assembly has yet to look into a draft law on property tax which would force individuals to pay the tax on their personal assets, a stance opposite to an announcement by the Finance Ministry last week, Tuoi Tre newspaper reports.

VTV Cab urged to follow consumer rights law

& Viet Nam Competition Authority, under the Ministry of Industry and Trade, has asked Vietnam Television Cable Corporation (VTV Cab) to provide complete and accurate information related to its products.

Da Nang leads the way in green energy

Mitsubishi Motors Vietnam has handed over four hybrid SUV models including the i-MIEV and Outlander plug-in hybrid electric vehicles as well as two quick chargers to the Central Power Corporation for operation in Da Nang.

Grab refuses to take on Uber’s tax obligations on the deal

& Grab refuses to shoulder the transfer tax after its deal with Uber, despite the Ho Chi Minh City Department of Taxation’s requests.

BUSINESS IN BRIEF 20/4

, JLL: Hanoi apartment supply down in Q1,& Winners of Vietnam Property Awards honoured,& 2,000 female entrepreneurs to receive startup support,& Enterprises ignore online-tourism,& Office rent in HCMC mounts

VN struggles to meet int’l IP rules

& As international economic integration proceeds, Vietnamese firms will encounter many new business opportunities by gaining access to broader markets, but will also have to face many challenges.

SCIC may continue divestment in Vinaconex in 2018

& State-owned investment fund State Capital Investment Corporation (SCIC) may offload its stakes in Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) again this year after a failure in 2017.

Local banks’ shareholders get high dividend payouts

& After years of receiving low dividend payout rate by banks, shareholders of many banks are now happy with the high rates announced at this year’s annual general meetings (AGMs) of shareholders.

Strong domestic cement export growth, China’s production drops

& Viet Nam’s cement industry saw strong growth in cement exports in the first quarter of this year as many Chinese cement factories shut down due to pollution and power shortages.

Fruit exports chief concern for four northern provinces

& The northern provinces of Bac Giang, Hung Yen, Hai Duong and Son La have proposed boosting exports of litchi and longan to foreign markets, including China.

Bamboo Airways faces pilot shortage, lack of infrastructure

VietNamNet Bridge - Bamboo Airways, the newly established airline, faces a lack of qualified workers and weak infrastructure, according to experts.&