M&As to spike as economy grows M&As to spike as economy grows

There will be a wave of mergers and acquisitions in Viet Nam in the next five years when the economy recovers and foreign direct investment surges, an international conference heard in HCM City yesterday.

Quality tuna heads to Japanese market Quality tuna heads to Japanese market

The first batch of 10 tuna has been exported to Japan following a deal between Binh Dinh fishery joint stock company (Bidifisco) and its Japanese partner, the Kato Company.

Banks turn their backs on gold Banks turn their backs on gold

In July 2013, the Tien Phong Commercial Joint Stock Bank (TPBank) opened its first-ever online gold trading (eGold) service to meet the demand from local gold investors.

Tuan Chau terminal named VN's largest artificial marina Tuan Chau terminal named VN's largest artificial marina

The Tuan Chau cruise ship terminal in the northern province of Quang Ninh has been recognised as the nation's biggest artificial marina by the Vietnam Record Organisation (VRO).

VN employee management for foreigners VN employee management for foreigners

(Aug 20, 2014)

Government Decree No75/2014/ND-CP (28 July 2014) has been issued to regulate the recruitment and management of Vietnamese employees working for foreign organisations and individuals in Viet Nam (foreigners).

Businesses unaware of competition rules

Though the Law on Competition took effect in 2005, only a small number of enterprises understand its provisions, a seminar heard yesterday in HCM City.

Circular outlines subsidised loans for fishermen

Fishermen can get subsidised loans at 1-3 per cent interest for buying boats under a Government credit programme for which State Bank of Viet Nam has issued a draft circular.

MoF proposes plan to legalise gambling

The Ministry of Finance (MoF) has proposed a draft decree allowing Vietnamese people to gamble in casinos.

Consequences of breaching capital contribution commitment

Capital contribution made fully and punctually when establishing a limited-liability company will help its members or company owner avoid consequences, such as financial penalties and requirement to change business registration content or charter capital.

Foreign investors allowed to open dong accounts

Foreign direct investment (FDI) enterprises and foreign investors can now open direct investment capital accounts in Vietnamese dong from September 25, besides accounts in foreign currencies.

Decree focuses on foreign exchange activities

Foreign-exchange activities by residents and non-residents have been guided under Government Decree No70/2014/ND-CP (July 17, 2014).

Tax incentives offered for software enterprises

To encourage the development of the software industry, the Vietnamese Government offers special incentives on corporate income tax (CIT) for enterprises in this industry, such as preferential tax rates, CIT exemption and a reduction period:

New Land Law improves framework

Though the new Land Law has not completely satisfied all involved parties, it ensures more transparent and equitable treatment for land users, property consultancy CBRE said in a report.

Ministry issues provisions on apartment building

The Ministry of Construction issued Circular No 03/2014/TT-BXD (February 20, 2014) and Circular No 05/2014/TT-BXD (May 9, 2014) on calculation of the area of an apartment and contributions to the fund for operational management of the commonly owned area of an apartment building based on the area of the apartment.

Ha Noi market prepares for exchange-traded fund launch

The Ha Noi Stock Exchange has issued a new regulation to guide the management of certificate transactions of exchange-traded funds (ETFs), paving the way for ETFs to list fund certificates on the exchange.

Vinamilk tops Global Food Industry Awards in CanadaVinamilk tops Global Food Industry Awards in Canada

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has won the top prize at the Global Food Industry Awards recently held in Montreal, Canada.

VNPT official outlines restructuring strategyVNPT official outlines restructuring strategy

The Government has signed Decision 888/QD-TTg approv-ing the restructuring plan of the Viet Nam Post and Telecom Group (VNPT) for the 2014-15 period.

MoF seeks to change gambling rules MoF seeks to change gambling rules

Vietnamese aged 21 and above will be allowed to enter casinos – which are now off-limits to them – if a draft decree by the Ministry of Finance is approved.

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