Business News

[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.

[25-05-2016] The Prime Minister has approved the establishment of a provincial level Hi-Tech Biotechnology Park in the southern province of Dong Nai. The park, which will cover an area of 207.8 hectares in Cam My District, will carry out research, incubation, development  and the application and transfer of high-tech biotechnology as well as training related human resources.

[24-05-2016] According to Japan’s investment firm Seiko Consult in Hanoi, Vietnam’s logistics industry might become completely dominated by foreign firms which are trying to purchase large stakes from local partners.

[23-05-2016] Pressure from ensuring liquidity, meeting rising credit demands and purchasing Government bonds has caused commercial banks to hike their savings interest rates to attract depositors.