Business News

[15-04-2015] The Ministry of Planning and Investment is calling for business comments and feedback on the important draft Decrees guiding the new Law on Investments (LOI) No. 67/2014/QH13 and Law on Enterprises (LOE) No. 68/2014/QH13. In this regards, Vietnam Business Forum, in collaboration with Ministry of Planning and Investment, will be organizing the Consultative Meeting on the guiding Decrees of the two Laws (please see attached) at following details:

[15-04-2015] The General Department of Customs is in the process of drafting the new Law on Import and Export Tariffs, which will replace the current Law no. 45/2005/QH11. In this regards, the General Department of Customs is calling for business’s comments and opinions on the first draft of the Law dated April 7, 2015.

[15-04-2015] Vietnamese passport holders traveling to Japan by ship do not need to get a visa before departure but ask the cruise line to complete procedures for them to obtain a landing visa. According to the Japanese embassy’s updates about new entry procedures for visitors, foreign tourists, inclusive of Vietnamese nationals, on board cruise ships can enjoy the simpler visa application process.

[10-04-2015] Foreign nationals working in Viet Nam can avail of several insurance schemes, in which the participation of the enterprises they work for has been made mandatory. Mandatory social insurance embodies plans for sickness, maternity, labour accidents, occupational disease, pension and survivorship allowance.

[12-04-2015] Experts have called on apparel enterprises to improve product quality and prepare to face tougher competition in the next five years. Speaking at the Vietnam Saigon Fabric & Garment Industry Expo (Saigon Tex) 2015 in HCMC on April 9, Hoang Ve Dung, deputy general director of Vietnam National Textile and Garment Group (Vinatex), said Vietnam will sign more bilateral and multilateral free trade agreements, thus offering multiple opportunities but at the same time exposing them to more challenges.

[08-04-2015] The Alert update on Circular No. 38/2015/TT-BTC, dated 25 March 2015 by the Ministry of Finance. This Circular is in effect from 1 April 2015.

[08-04-2015] A series of foreign direct investment projects in the garment sector will be started in the central region of Vietnam over the next months. Some of the more outstanding projects include the Delta Galil fiber-dyeing and garment plant, the Onewoo garment plant and the Tam Thang textile-garment and dyeing plant.

[06-04-2015] The real estate market in Ha Noi has seen a strong recovery, especially the luxury apartment segment, the CBRE Viet Nam announced yesterday in Ha Noi. In Q1 2015, the market continued its recovery with the comeback of high-end apartments. Construction of some 4,879 new units has begun among 18 projects, an 82 per cent against the same period in 2014, said Nguyen Hoai An, senior manager at CBRE Viet Nam's Ha Noi branch.