Business News

[31-05-2016] “There is still enormous room for Vietnam logistics growth” was the statement of Mr Vo Tan Thanh, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) and Director of VCCI - HCM, at the Conference “Logistics and Supply Chain: How Vietnamese companies can enhance their competitiveness in the integration context” held by VCCI - HCM.

[29-05-2016] There were more than 44,700 newly established enterprises in Viet Nam with total capital of VND349.5 trillion (US$15.5 billion) in the first five months of this year. According to the Department of Business Registration, this represents a 24 per cent year-on-year increase in the number of new businesses, and a 59 per cent year-on-year increase in capital.

[26-05-2016] The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects. This advice was suggested by industry experts according to Phap luat thanh pho HCM (HCM City Law) newspaper.

[30-05-2016] Recently, the General Department of Customs (“GDC”) has held an internal workshop in Binh Duong with the attendance of all provincial customs authorities to share experience and discuss the customs inspection implementation of Circular 38 on customs compliance checking.

[30-05-2016] Through almost three decades in Vietnam, Operation Smile has helped change lives of more than 39,000 Vietnamese underprivilleged children suffering from cleft lip and cleft palate, and has contributed to develop the standards of safe surgical care to health facilities in the country.

[30-05-2016] Ministry of Planning and Investment (“MPI”) repeatedly asked VBF’s strong support in thoroughly reviewing, bringing up and listing all difficulties, obstacles and conflicts during the implementation/adoption process of Investment & Enterprise Laws in relation/reference to other specialized Laws in all sectors such as: Laws on Land, Securities, Environment, Construction, Tourism, Banking…

[25-05-2016] As the economy is changing at a faster and faster rate with technological innovation, shifting consumer expectation, unexpected external changes and intensive global integration ...; all those which require Business Leaders adapting to change effectively if they do not want to fall behind or result in being forgotten.

[25-05-2016] The Law on the Export and Import Tax (as amended) has been passed by the National Assembly and shall take effect from September 1, 2016. This amendment includes new tax regulations. Preferential tax rates are separated into preferential tax rates, special tax rates and ordinary tax rates.