Want to be in the loop?
subscribe to
our notification
Business News
MPI PLANS TO CONDUCT 34 INSPECTIONS IN 2022
Key infrastructure and transport projects are the most important objects of the inspection plan of the Ministry of Planning and Investment (MPI) next year.
In its newly-issued inspection plan for 2022, the transportation projects that the MPI plans to inspect next year are component projects of the North-South Expressway in the east (running across Ninh Binh, Binh Thuan, Vinh Long, and Tien Giang provinces) and the project on upgrading the system of runways and taxiways at Tan Son Nhat International Airport in Ho Chi Minh City; the highway projects connecting Hanoi-Haiphong and Cau Gie-Ninh Binh in the two provinces of Hung Yen and Ha Nam.
The ministry will inspect legal compliance at public investment projects in 2016-2020, investment in public-private partnership projects, the implementation of the Law on Investment in 2016-2020 in the six provinces of Hoa Binh, Binh Dinh, Cao Bang, Thanh Hoa, Thua Thien Hue, and Tuyen Quang.
The MPI also plans to conduct two administrative inspections. The first one will be an inspection of the management and use of assets and finance; emulation and commendation; the Institute for Development Strategy's compliance with the laws on citizen reception, complaint, and denunciation settlement, anti-corruption prevention and control, thrift practice, and anti-wastefulness in 2020-2021.
The second one is the inspection of the management and use of assets and capital; management and employment of civil servants and signing of labour contracts; emulation and commendation; the observance of legal regulations on citizen reception, settlement of complaints and denunciations, prevention and combat of corruption at the Statistics Department of Nam Dinh province in 2020-2021.
The MPI also plans to conduct an inspection of monitoring, urging and inspecting the implementation of inspection conclusions on development investment in 2018-2020 in a number of localities.
According to the plan, the MPI will conduct three inspections of the issuance of guiding documents, organisation of the implementation of the Law on Bidding in three provinces (Quang Ninh, Quang Tri, and Binh Thuan); as well as inspecting compliance with the laws on investment, public investment, and bidding in 2015-2020 at Vietnam Tobacco Corporation and Vietnam Oil and Gas Group (PetroVietnam).
The MPI is also planning to conduct three general inspections in Hau Giang, Lao Cai, and Gia Lai provinces; check the operation and development of industrial parks in Bac Giang and Bac Ninh provinces; inspect the implementation of the law on public investment and national reserves in 2018-2022 at national reserve projects in the Central and Central Highlands regions.
In 2022, the General Statistics Office under the MPI will conduct two inspections on the implementation of the population change and family planning survey plan on April 1, 2022 at the Statistics Departments of Hung Yen and Long An provinces; and two inspections on the enterprise survey plan in 2022 at the Statistical Departments of Lao Cai and Quang Ngai provinces.
Source: VIR
Related News
VIETNAM SET FOR 6.1% ECONOMIC GROWTH IN 2024
According to the latest Taking Stock report by the World Bank, Vietnam's economic outlook for 2024 is optimistic, with growth projected to accelerate due to a rebound in manufactured exports, tourism, consumption, and investment. The report forecasts a 6.1% expansion in Vietnam's economy for 2024, with further growth anticipated at 6.5% in both 2025 and 2026.
INDUSTRIAL INNOVATION TO BOOST SUSTAINABLE GROWTH FOR THE SOUTHEAST REGION
The People's Committee of HCM City said that the Industrial Production Index (IIP) increased by 6.4 per cent in the first eight months of 2024 compared to the same period last year, with the mining sector growing by 51.4 per cent, manufacturing by 6.1 per cent, and electricity production and distribution by 6.7 per cent.
MANAGING TAX RISKS IN E-COMMERCE
In the first half of 2024, tax authorities addressed violations involving 4,560 taxpayers including 1,274 enterprises and 3,286 individuals, resulting in tax collections and fines totaling VND297 billion. With domestic e-commerce revenue estimated at VND1.98 trillion and taxes paid amounting to approximately VND54,000 billion, there is still much room for further tax collection, according to official assessments.
PAUSE + SAVOUR GUEST CHEF SERIES BY LE MÉRIDIEN SAIGON: CHAPTER 3 – HONG KONG INSPIRATION
Le Méridien Saigon is delighted to announce the third chapter of the renowned Pause + Savour Guest Chef Series, a unique culinary event that brings together chefs around the region to create an unforgettable dining experience. This chapter, aptly named "Hong Kong Inspiration" will feature a remarkable collaboration between Executive Sous Chef Gordon Tzang from JW Marriott Hotel Hong Kong, and Executive Chef Phi Công of Le Méridien Saigon.
TAX INCREASES ON ALCOHOLIC BEVERAGES SHOULD STRIKE A BALANCE: ECONOMISTS
Among these, a draft amendment to the Special Consumption Tax Law is expected to be presented to the National Assembly next month and can be approved as early as May next year. The tax has been reported to take an upward trajectory, taxing alcoholic beverages starting from 2026, reaching as high as 100 per cent by 2030.
$2.4 BILLION FOREIGN INVESTMENT REGISTERED IN REAL ESTATE IN FIRST EIGHT MONTHS
More than $2.4 billion of foreign investment was newly registered in the real estate sector in the first eight months, over five times higher than the same period last year, and accounting for nearly 20 per cent of the total $12 billion newly registered capital. According to the General Statistics Office, as of August 31, the total foreign direct investment (FDI) registered in Vietnam reached $20.52 billion, an increase of more than 8 per cent over the same period last year.