SPECIAL

Gas, condensate found off southern Viet Nam coast Gas, condensate found off southern Viet Nam coast

Three companies on August 20 announced the discovery of gas and condensate in the fourth well in Blocks 05-1b and 05-1c off the southern Viet Nam coast.


Two new seaplanes to boost luxury tourism Two new seaplanes to boost luxury tourism

Hai Au Aviation is introducing today two of its three new Cessna seaplanes from the US that promises to provide a unique and breath-taking experience for tourists in Viet Nam.


Vietnamese customers prefer smartphones with 5-inch screens Vietnamese customers prefer smartphones with 5-inch screens

Twenty-five per cent of the Vietnamese customers want their next smartphone to have a 5-inch screen.


Car industry faces development roadblocks Car industry faces development roadblocks

Viet Nam's ambitious master plan for the development of its fledgling automobile manufacturing industry for 2020 to 2030, which the government recently endorsed, is facing major stumbling blocks.



EVN purse strings tightened EVN purse strings tightened

(Sep 01, 2014)

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.

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:

VietJet passenger wins Honda bike in lucky drawVietJet passenger wins Honda bike in lucky draw

VietJet on August 28 announced the first winner of a Honda SH 125, the monthly prize in the airline's latest mega promotion, "Enjoy Flying with VietJet and Win a Car."

Car industry in need of overhaulCar industry in need of overhaul

Mechanical engineering is the key to the growth of Viet Nam's underdeveloped car industry, which is plagued by too many small operators, limited production of sophisticated components and a low localisation rate.

Thai firm snaps up Metro, eyes VN market Thai firm snaps up Metro, eyes VN market

Thailand's Beri Juker Public Co. Ltd (BJC) signed a deal earlier this month to buy the Viet Nam operations of Germany wholesaler Metro for US$876 million.

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