SIX NEW LAWS ANNOUNCED
The Presidential Office on July 12 organized a press conference to announce six new laws which were approved at the third session of the 14th National Assembly.
SBV CUTS INTEREST RATES BY 0.25-0.5 PERCENTAGE POINTS
The State Bank of Viet Nam (SBV) has cut several interest rates for the first time since 2014, in order to support businesses and boost economic growth.
GRANT THORNTON: THE SEMINAR OF BUSINESS TAX & REGULATIONS 2017
You are invited to attend The Seminar of Business Tax & Regulations 2017. The event will be held on 10 August, 2017 at Novotel Saigon Centre.
• Special offer to HKBAV members: 30% discount for the ticket at selling price VND650,000/Person.
TAX SUPPORT FOR START-UP BUSINESSES
In a bid to support start-up businesses, the Hanoi Taxation Department has deployed a tax agent coordination plan to provide tax procedure-related incentives. As of June 23, more than 10 tax agents registered to support newly established enterprises and those upgraded from business households.
GARMENT SECTOR EXPORT GROWTH STILL UNSUSTAINABLE
Việt Nam’s garment and textile revenue increased for the first half of this year but experts said the growth has not yet become sustainable.
HONG KONG INVESTOR PROPOSES RACECOURSE IN CAN THO
Hong Kong-based SIBC International Ltd has proposed to the Can Tho authority a project to build a racecourse and an entertainment and tourism complex in the country’s southern city.
NEW POLICIES TAKE EFFECT FROM JULY
Many policies concerning maritime, taxation, investment, insurance and Pangasius fish farming have taken effect from July.
PROPERTY INVENTORIES FALL, WORRIES STILL LOOM
The total value of real estate inventories in the country decreased sharply to about VND27,894 billion by the end of May 2017, according to the statistics of the Bureau of Housing and Real Estate Market Management under the Ministry of Construction. Although inventories tend to go down, forecasted rising supply is fuelling up market concerns.
