Wednesday, 17 September 2014
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Vietnamese flock to online shopping Vietnamese flock to online shopping

The growth of connected device ownership is causing a boom in the online retail sector, with the number of people making online purchases spiking in the last two years in Southeast Asia, particularly Viet Nam, global information company Nielsen said in a report last week.


Thien Thanh Company's assets blocked Thien Thanh Company's assets blocked

Da Nang's People's Committee has asked the provincial Departments of Justice, Natural Resources and Environment and Land Registry Office not to permit transfer of Thien Thanh Group Ltd Company's assets.


Proposed air route saves on time and fuel Proposed air route saves on time and fuel

Aviation companies can save on flying time and fuel if they are allowed to take the proposed Ha Noi-HCM City air route crossing the airspace of Laos and Cambodia.


Quoc named to Technology Review's under-35 innovators list Quoc named to Technology Review's under-35 innovators list

Le Viet Quoc has become the first Vietnamese person to be on the 2014 list of 35 Innovators under 35, selected by the Massachusetts Institute of Technology's Technology Review magazine.



New law defines bankruptcy proceedings New law defines bankruptcy proceedings

(Sep 17, 2014)

Circular regulates deposit insurance

Depositors of credit institutions that go bankrupt will be allowed to receive claim money from the Deposit Insurance of Viet Nam within one month after the bankruptcy declaration.

Ministry plans to draft new SME support law

The Ministry of Planning and Investment plans to formulate a new law to assist small- and medium-sized enterprises, ministry officials said at a seminar here on Tuesday.

Three matters for manufacturing enterprises in Viet Nam to note

The law can be hard to maneuver, and so when it comes to business law, a lot of money may be at stake. The law, as regards the manufacturing industry, utilizes different provisions depending upon the characteristics of the specific sector.

Foreign exchange control of FDI activities

The State Bank of Viet Nam (SBV)'s Circular 19/2014/TT-NHNN (11 August 2014) guides foreign exchange control of foreign direct investment (FDI) activities in Viet Nam

EVN purse strings tightened

The Prime Minister has issued Decree 82/2014/ND-CP on the financial management of Vietnam Electricity (EVN).

Ministry to enforce new regulations on online information

The Ministry of Information and Communications has issued a new circular specifying new regulations on the management, provision and use of information on news aggregation websites and social networks.

Resolution clarifies court's role regarding arbitration

Resolution No 01/2014/NQ-HDTP (the "Resolution") issued by the Judge Council of the Supreme People's Court on March 20 guiding the implementation of several provisions of Law on Arbitration No 54/2010/QH12 (the "Arbitration Law") has broadened the court's competence over arbitration activities in resolving disputes.

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.

VN employee management for foreigners

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).

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.

Future bright for VN wood product exportsFuture bright for VN wood product exports

ONP-Viet Nam, a US company that manufactures wood products for exports, has been in Viet Nam since 2010. Patrick McNeal, its President and General Director, speaks to Viet Nam News about entering foreign markets and his company's experience with exports.

Myanmar Speaker visit set to bolster ties Myanmar Speaker visit set to bolster ties

Economic ties with Myanmar are expected to strengthen following the visit to Viet Nam by the Speaker of the National Assembly, Thura U Shwe Mann, earlier this month.

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