MOF EASES REGULATION FOR TAX REFUND
[17-03-2016] The Ministry of Finance has asked local tax authorities to refund value-added tax (VAT) to enterprises if the amount of tax they default on is less than the amount of tax refund that they will receive. The ministry’s decision is in response to complaints about tax refund delays caused by tax agencies, which causes shortage in businesses capital sources.
PHU QUOC CONDOTELS WARMING UP THE MARKET
[18-03-2016] Condotels in Phu Quoc are becoming increasingly attractive to foreign investors because of their location in one of the hottest tourism destinations of Vietnam as well as the prestigious developers behind them.
TPP TO MAKE POSITIVE IMPACTS ON VIETNAM€™S STOCK MARKET
[17-03-2016] The good impact of the Trans-Pacific Partnership is going to spill over to stocks of companies in other industries, not just stocks of companies in direct beneficiary sectors such as textiles, footwear and fisheries.
VN'S SOCIO-ECONOMIC DEVELOPMENT PROCESS NEEDS IMF'S HELP
[17-03-2016] Viet Nam expects that the International Monetary Fund (IMF) will assist Viet Nam in seeking preferential loans to serve the national sustainable economic development process, said State President Truong Tan Sang at his reception for IMF Managing Director Christine Lagarde on March 16.
UN DEVELOPMENT BODY HELPS VN INDUSTRIAL SECTOR CREATE STRATEGIES
[16-03-2016]Prime Minister Nguyễn Tấn Dũng has approved the portfolio of a project funded by a United Nations body on development policies and strategies for the industrial sector through capacity building.
VN€™S SMALL AND MEDIUM SIZED ENTERPRISES STRUGGLE FOR CREDIT
[15-03-2016] Rising demand for credit across Vietnam’s private sector is expected to drive bank loan books above the highs recorded last year. Lending from the country’s banking sector will increase by between 18 to 20 per cent this year, according to forecasts from the State Bank of Vietnam (SBV), on the back of strong economic growth.
FREE TRADE COMPLEXITIES IN VIETNAM: TPP AND EVFTA
[15-03-2016] Vietnam’s participation in the Trans-Pacific Partnership (TPP) and the EU-Vietnam Free Trade Agreement (EVFTA) have set the stage for dramatic economic gains in Vietnam, once the new agreements are fully ratified and enter into force.
SINGAPORE BECOMES LEADING INVESTOR IN VIET NAM
[15-03-2016] Singapore has become Viet Nam's leading investment partner after investing more than US$36 billion in numerous local projects, including processing, technology, manufacturing, real estate, construction, transportation, and storage.
