Thursday, 17 April 2014
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Viet Nam to become jeans production hub: Jeanologia Viet Nam to become jeans production hub: Jeanologia

Spanish company Jeanologia, which specialises in developing sustainable technologies for garment finishing, wants to make Viet Nam a global hub of jeans production.


Vietnam Airlines makes plans for September IPO Vietnam Airlines makes plans for September IPO

The State-owned flag carrier plans to launch its initial public offering (IPO) in September, stated Deputy Minister of Transport Nguyen Hong Truong during the ministry's Q1 meeting.


Big banks to raise charter capital in positive move Big banks to raise charter capital in positive move

While some small commercial banks failed to raise their charter capital last year, some major lenders have already approved adding millions of US dollars to their charter capital this year.


Gov't gives the go-ahead for telco giant split ahead of IPO Gov't gives the go-ahead for telco giant split ahead of IPO

The Government has approved a proposal from the Ministry of Information and Communications (MIC) to separate service providers under the Viet Nam Post and Telecommunication Group (VNPT) in preparation for their equitisation.



Circular outlines IT spending criteria Circular outlines IT spending criteria

(Apr 16, 2014)

The Ministry of Information and Communications (MIC) has issued Circular No. 01/2014/TT-BTTTT (February 20, 2014) that provides the criteria and list of domestic information technology (IT) products and services eligible for priority in investment and procurement using the state budget funds or funds originating in the state budget.

SBV circular sets restrictions for credit institution ‘families'

The total credit limit granted to founding shareholders, major shareholders, family members and related parties must not exceed 5 per cent of the charter capital of a credit institution.

VN amends investment law to boost efficiency

The amended Law on Investment will have regulations for the strict management of projects with large amounts of registered capital, according to Deputy Minister of Planning and Investment Nguyen Chi Dung.

Legal protection for trade secrets

A trade secret is highly confidential and sensitive information entrusted only to a select group of individuals within a company.

SBV bans carrying gold into Viet Nam

Vietnamese and foreign individuals have been banned from carrying gold bars and gold raw materials when leaving or entering Viet Nam from May 15.

Circular clarifies working conditions and permit requirements for foreigners

The Ministry of Labour, War Invalids and Social Affairs (MOLISA) issued a circular (No. 03/2014/TT-BLDTBXH dated 20 January 2014) containing implementation guidelines for a Government Decree (No. 102/2013/ND-CP) that deals with foreigners working in the country.

Guidelines set for foreign investors' portfolio investment accounts

Circular 05/2014/TT-NHNN (12 March 2014) issued by the State Bank of Viet Nam (SBV) contains guidelines on opening and using indirect investment capital accounts for implementing foreign indirect investment activities in Viet Nam.

Finance ministry circular details new pricing model for goods, services

On 17 February, 2014, the Ministry of Finance issued Circular No 25/2014/TT-BTC outlining the common methods for determining the prices of goods and services ("Circular 25").

Electronic gaming for foreigners

The Ministry of Finance ("MOF") issued Circular No 11/2014/TT-BTC (January 17, 2014) providing guidelines on electronic gaming for foreigners.

Decree expands reach of social insurance fund

Contract employees and foreigners authorised to work in Viet Nam would be included in the Government's social insurance program, under a new draft revision to the Law on Social Insurance, compiled by the Ministry of of Labour, Invalid and Social Affairs.

Regulations outline roles in State capital management

The Ministry of Finance issued Circular No 21/2014/TT-BTC (February 14, 2014) promulgating regulations on the activities of the authorised representative (Representative) of State capital invested in an enterprise in which the State holds over 50 per cent of the charter capital.

VNA offers yet another discounted airfare schemeVNA offers yet another discounted airfare scheme

The national carrier Vietnam Airlines (VNA) has launched its promotional programme called "Golden Moments" for the ninth time on some domestic routes.

Chartered accountants abide by code of ethicsChartered accountants abide by code of ethics

Martin Turner, president of the Association of Chartered Certified Account-ants Global, shares his views with Viet Nam News on the code of ethics and standards in accounting as well as career orientation and professional development in the fields of accounting and auditing.

First Vietnamese caravan finished off-road trip to Tibet and Mount Everest First Vietnamese caravan finished off-road trip to Tibet and Mount Everest

The first Vietnamese caravan team finished its 6,000km auto trip from HCM City to Tibet and Mount Everest base camp on Sunday. Autodaily introduced a series of photos taken by the team members.

City leads partnership to develop supply chain City leads partnership to develop supply chain

In the first quarter HCM City signed off on co-operation deals with southern and Mekong provinces to enable its businesses to invest in projects and create supply chains in those places.

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