Low-cost airline launches Da Nang-Hong Kong route Low-cost airline launches Da Nang-Hong Kong route

Low-cost airline Hong Kong Express has officially introduced a new flight route between Da Nang and Hong Kong.

Japan commits $936m in ODA Japan commits $936m in ODA

Japan has committed US$936.4 million in official development assistance (ODA) to Viet Nam for socio-economic development.

Qatar bank opens representative office in HCM City Qatar bank opens representative office in HCM City

The Qatar National Bank opened a representative office in Ho Chi Minh City on Monday with the stated objective of promoting trade between the two countries.

Real estate association sets up brokerage branch Real estate association sets up brokerage branch

The Viet Nam Real Estate Association (VNREA) will establish a brokerage branch to support, represent and protect the rights and interests of organisations and businesses dealing with real estate brokerage.

New investment incentives New investment incentives

(Apr 15, 2015)

Unlike the 2005 Investment Law, the new Investment Law in 2014 includes clearer details about business sectors that qualify for investment incentives, such as: production of new materials, new energy, clean energy, renewable energy.

Foreign investors have several business options in Viet Nam

How can foreign investors establish their commercial presence in Viet Nam? Foreign investors can do so with the help of business corporation contracts, and by setting up foreign-invested enterprises, branches or representative offices.

Insurance policies for foreign workers

Foreign nationals working in Viet Nam can avail of several insurance schemes, in which the participation of the enterprises they work for has been made mandatory.

New capital withdrawal, share sale regulation boosts SOEs

A new regulation on capital withdrawal, share sale, trading and listing registration on the securities market has been hailed as creating more favourable conditions for State-owned enterprises (SOEs).

Decree 05 clarifies labour relations

On January 12, 2015, the government of Viet Nam issued Decree No 05/2015/ND-CP (Decree 05), providing for the rights and obligations of employers and employees.

New regulations set for transfer of real-estate projects

New regulations have been formulated for the transfer of real-estate projects under a new "Law on Real-Estate Business," which will take effect from July 1.

Contracts allow foreign investors to operate in VN

Foreign investors can constitute their commercial presence in Viet Nam in the form of business co-operation contracts, foreign-invested enterprises and branches or representative offices following current regulations.

Decree outlines PPP investment mechanisms

After nearly two years of drafting and stakeholder consultation, the Vietnamese government has promulgated a unified legislation (Decree No 15/2015/ND-CP) that governs private-public-partnership (PPP) investment projects (PPP Decree).

New regulations govern labour discipline violations

On January 12, 2015, the government promulgated Decree No 05/2015/ND-CP, detailing the rules of labour discipline, which came into effect from March 1, 2015.

New procedures for unlisted public firms

The Ministry of Finance (MoF) issued Circular No 01/2015/TT-BTC ( January 5, 2015) guiding procedures for unlisted public companies and delisted public companies to register to trade securities on the Stock Exchange.

Foreign workers must stay up-to-date on residence rules

Foreign employees can reside in Viet Nam either temporarily or permanently, depending on certain conditions.

VietJet gets $60-million loan for aircraft purchaseVietJet gets $60-million loan for aircraft purchase

Private carrier VietJet will receive US$60 million to purchase five Airbus aircraft, following a credit agreement inked with the France-based BNP Paribas Bank in the capital on April 15.

CPA strengthens partnership with Viet NamCPA strengthens partnership with Viet Nam

Viet Nam's recent integration into the ASEAN economic community will provide opportunities for Vietnamese businesses in all sectors, including the accounting and auditing profession.Vietnam News speaks to Adam Awty, Chief Operating Officer – Commercial, CPA Australia, about these changes.

Experts remain divided on devaluing the dong Experts remain divided on devaluing the dong

At the close on Thursday, April 9, Vietcombank listed the dollar exchange rate at VND21,630, around VND10 higher than on Wednesday.

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