VCCI PROPOSES END TO MINIMUM WAGE HIKES FROM NEXT YEAR
The Vietnam Chamber of Commerce and Industry (VCCI), representing employers in the nation, has suggested keeping region-based minimum wages unchanged from next year as annual minimum wage hikes place a heavy burden on enterprises.
CREDIT INSTITUTIONS’ FUTURE BRIGHT
A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released last week by the State Bank of Vietnam.
FREE ENTRANCE FOR HKBAV MEMBERS: EXCLUSIVE LAUNCH OF VIETNAM INDUSTRIAL WHITE PAPER
Vietnam is establishing itself as the industrial top hub for Southeast Asia. Our latest White Paper provides a valuable insight into the Industrial and Logistics landscape throughout Vietnam and the impacts of Industrial 4.0 revolution.
TRAFFIC CONGESTION CAUSES IMPORT-EXPORT TAX REVENUE TO DROP
The tax revenue from import-export activities of HCMC in the first half of the year dipped by 4.8% year-on-year to VND50.02 trillion (US$2.2 billion), which is partially attributed to the severe traffic congestion at seaports that causes cargo throughput to fall.
NEW POLICIES EFFECTIVE FROM JULY 2018
Valuating assets and examining damage in the State’s compensation liability; increasing basic salary; supporting enterprises with projects in the lines of technology transfer are among the newly issued policies that take effect in July 2018.
VISITING THE WORLD’S LARGEST TIMEPIECE EVENT WITH HOTEL SPONSORSHIP OF UP TO USD270 WITH TRAVEL SPONSORSHIP OF USD128
HKTDC will sponsor your hotel accommodation in Hong Kong of up to HKD2,100 (approx. USD270) and travel sponsorship of HKD1,000 (approx. USD128) will be offered to you once you have visited the fairs for 3 days when you stay in one of our pre-selected hotels during the nights of 3 – 8 September 2018 (inclusive).
FOREIGN INVESTORS KEEN ON VINALINES’ EQUITIZATION
Many foreign enterprises have expressed interest in becoming strategic investors in Vietnam National Shipping Lines (Vinalines) following the Prime Minister’s approval of the firm’s equitization plan.
TAX SECTOR APPROACHING FOURTH INDUSTRIAL REVOLUTION TO ENHANCE NATIONAL COMPETITIVENESS
By carrying out consistent technology solutions, the tax sector is actively approaching the Fourth Industrial Revolution to accelerate administrative reform and enhance national competitiveness.
