Viet Nam ranks high in M&A Viet Nam ranks high in M&A

Viet Nam ranks high among ASEAN countries in the number of merger and acquisition (M&A) deals and the value of deals that involved the world's inflow capital, according to the consulting firm RECOF Corporation of Japan.

SSC to outline details of foreign ownership SSC to outline details of foreign ownership

This week, the State Securities Commission (SSC) will hold a meeting with the two local exchanges, companies and investors to provide instructions to implement decree 60, issued in June to raise foreign ownership in Vietnamese companies.

Malaysian bank receives approval for Viet Nam operations Malaysian bank receives approval for Viet Nam operations

The Government last week gave in-principle approval to CIMB Group Holding Bhd, Malaysia's second-largest bank, to open branches in Viet Nam.

Nearly $1.7b of FDI pours into real estate market Nearly $1.7b of FDI pours into real estate market

The country's property market attracted US$1.69 billion in foreign direct investment (FDI) for 15 projects in the first seven months of 2015, according to the Foreign Investment Agency.

Registration of nationality and rights for aircraft required Registration of nationality and rights for aircraft required

(Aug 31, 2015)

Aircraft owned by Vietnamese organisations or individuals and those lease-purchased or leased without crews for 24 months or longer must be registered as Vietnamese to operate in Viet Nam.

New criteria for SOE classification needed to speed up equitisation

It is necessary to tweak the criteria for classification of State-owned enterprises (SOEs) to speed up their equitisation and improve their efficiency, a workshop in Ha Noi on August 28 heard.

Internal operational regulations vital in joint stock companies

Internal regulations, along with the Company Charter, serve as a practical tool to administer the internal activities of joint stock companies, some of whose characteristics are deemed quite distinct.

Firms must stay informed as wage rules take effect

On June 23, 2015, the Ministry of Labour, Invalids and Social Affairs promulgated Circular No 23/2015/TT-BLDTBXH (Circular 23) stipulating a number of articles on wages of Decree No 49/2013/ND-CP. The circular came into effect on August 8, 2015.

Challenges to VN domain name dispute resolution

In Viet Nam, the first ."vn" domain name was registered in 1997 and the quantity of ."vn" domain names has rapidly increased. There were 286,561 registered items by September, 2014 (source: APTLD Member Statistics and Growth Report).

City workshop studies import, export duties

The Law on Import-Export Duties, which took effect in 2006, has had a positive impact but it needs to be revised to reflect the country's continuing economic international integration, Vu Ngoc Anh, deputy general director of the General Department of Viet Nam Customs, has said.

Decree to guide new enterprise law coming soon

A decree to guide implementation of the Enterprise Law is expected to be issued this month, a Ministry of Planning and Investment official said amid complaints from businesses that the law's implementation is being up held due to lack of clarity.

MoT welcomes input for waterway traffic decree

The Ministry of Transport has collected comments from policy-makers, experts, organisations and individuals on a draft to amend decree No 93/2013/-ND-CP on administrative punishment of inland waterway traffic.

Industries face more penalties

Under the new Circular No 11/2015/TT-BKHCN, apart from the main sanctions, additional penalties and remedial measures shall be imposed on enterprises, depending on the nature and severity of their violations.

New circular introduces key corporate-income tax changes

On June 22, 2015, the finance ministry issued Circular 96/2015/TT-BTC, guiding the corporate income tax regime in Decree 12/2015/ND-CP ("Decree 12") of the government, dated February 12, 2015.

Laws govern foreign advertising

Ever since Viet Nam joined the World Trade Organisation (WTO) on January 11, 2007, foreign investors have been allowed to co-operate with Vietnamese advertising firms through joint ventures or business co-operation contracts (BCC).

VINECO constructs $44.45 million greenhouse system in Vinh PhucVINECO constructs $44.45 million greenhouse system in Vinh Phuc

VINECO, a subsidiary of Vingroup, kicked off construction of the first greenhouse system, valued at VND1 trillion (US$44.45 million), in the northern Vinh Phuc province on August 28.

Viettel eyes global status in telecomsViettel eyes global status in telecoms

Viettel has become the biggest telecom company in Viet Nam 15 years after it was established and has been one of the country's few successful investors abroad. Viet Nam News speaks with Tong Viet Trung, vice president of Viettel Group, about the company's business and social responsibility.

Crab prices fall to their lowest in decades Crab prices fall to their lowest in decades

Crab breeders in the Mekong province of Ca Mau are worried about imminent losses due to the relentless fall in the prices of the crustacean. The main reason for the 30-40 per cent price decline in recent months is that Chinese traders have stoppedbuying.

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