City hopes to lure China investors
(Apr 18, 2014)
HCM City regards China as one of its most important trade partners and
is ready to provide advantageous conditions to attract investors and
traders from that country, city authorities have said.
HCM City has refunded over VND30 billion, or US$1.4 million, of
value-added tax (VAT) to foreigners leaving Vietnam through the Tan Son
Nhat International Airport since July 1, 2012.
Countries in the Middle East have great potential for further trade
cooperation with Viet Nam as bilateral trade volume has increased
sharply since 2010, said Tran Quang Huy, Head of the Ministry of
Industry and Trade's Africa, West and South Asian Market Department.
High demand has led to an increase in Viet Nam's pottery and porcelain
exports in the early months of 2014, reported Viet Nam General
Department of Customs.
The ASEAN Economic Community (AEC) would bring challenges, as well as
improved export opportunities for Viet Nam when the AEC is formed in
2015, according to experts.
The Investment Promotion Centre under Ha Noi's Department of Planning
and Investment and Forval Vietnam jointly launched the Japan Desk on
April 11 to assist Japanese investors in the city.
Shareholders of the Pho 24 Commerce and Service JSC and the Hoan My Sai
Gon Hospital JSC will pay more than VND180 billion, or US$8.57 million,
in tax arrears.
The foreign-invested sector has highlighted the northern Thai Nguyen
province's upbeat economic picture in the first quarter of 2014,
according to the municipal Department of Planning and Investment.
Viet Nam was estimated to enjoy a trade surplus of more than US$1.08
billion in the first quarter of this year, the General Department of
Viet Nam Customs noted yesterday.
The Dung Quat Oil Refinery, the first of its kind in Viet Nam, has been operating smoothly and safely for 600 days and nights.
The consumer price index (CPI) in April may dip further on the back of
low purchasing power, noted the Price Management Department under the
Ministry of Finance.