Vietnam Morning News For August 28

Ministry drafts auto part tax cut Its WTO commitments require Vietnam to maintain a tax level on import auto components between zero per cent and 30 per cent. Officials say the tax changes will also […]

Ministry drafts auto part tax cut Its WTO commitments require Vietnam to maintain a tax level on import auto components between zero per cent and 30 per cent. Officials say the tax changes will also […]

Nearly 2000 business conditions up for the chop A whopping 1930 conditions on licensing, registration and operations of businesses could be removed under the latest proposal made by the Ministry of Planning and Investment (MPI). […]

VN Index rises slightly on investor bottom fishing The benchmark VN Index rose slightly on Wednesday morning, lifted by investors’ interest in buying stocks that have declined to relatively attractive levels. — Bizhub Q2 consumer […]

Government looks to cut special inspection red tape Local enterprises are spending around 28.6 million working days valued at 14.3 trillion VND (636 million USD) a year to complete administrative procedures for special inspections on […]

Energy dilemma weighs on Vietnam State planners say more than 50% of national power will be coal-fired by 2030, a big boost in the fossil fuel’s use that will worsen pollution and undercut climate change […]

Vinaphone debuts carrier billing on Google Play With the launch, 95% of the population of Vietnam can now make payments on Google Play through Fortumo – significant for a country with smartphone penetration of 40% […]

SOEs facing divestment to be made public soon At the meeting with MPI, ministries of Finance and Justice, as well as the Government Steering Committee on Corporate Renovation and Development, Huệ asked the MPI to […]

Finance Ministry proposes new tax on pickups The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with […]

Competition heats up in the Vietnam soft drink market According to a report released by the Vietnam Beverage Association, the foreign sector has surpassed the 50% benchmark and is gradually edging out all the domestic […]

SCIC manages State capital of nearly 20 trillion VND at 141 firms The State Capital Investment Corporation (SCIC) had invested in 141 businesses as of July 31 with total State capital of almost 19.56 trillion […]

Auto imports headache local experts According to a report from the General Department of Vietnam Customs, the volume of cars imported from Thailand, which is the largest exporter of cars to Viet Nam, was sharply […]

Samsung sets up logistics company as market heats up For the majority of Vietnamese, Samsung means smartphone, TV and washing machine. However, the South Korean investor has been taking steps towards the logistics markets. — […]