Business News

Vietnam Chamber of Commerce and Industry (VCCI) in coordination with Google Corporation will hold the Roundtable discussion on “Digital economy & Policy for investment & growth”. The event aims to share the key findings of report named “Digital nations: Polices for investment and economic growth” conducted by Alpha-Beta in early 2017.

The Government has called for faster than targeted credit growth in pursuit of this year’s GDP goal of 6.7 per cent. However, experts have some concern that this would exert more pressure on the central bank to ensure macroeconomic stability and efficiency of credit growth.

The People’s Committee of Đồng Nai Province has suspended the licensing of construction projects in residential areas around the planned Long Thành International Airport in an effort to prevent speculation and higher land prices.

Increasing the regional minimum wage has raised concerns over a potential trade-off with social allowances that would block the new wages from increasing employees' real income.

The Ministry of Finance on Tuesday announced a scheme for amending tax laws, including the laws on value added tax, personal income tax, natural resource tax and special consumption tax.

The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 per cent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their cost.

The occupancy rate at operational industrial parks (IPs) nationwide has hit 73 per cent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

Unlicensed buildings could be revaluated and might not be demolished, provided they can meet the required standards with further planning and development, said Le Quang Hung, deputy construction minister.