Complicated laws relating to production and business activities require enterprises to study basic provisions of the laws, especially rights and obligations in contract transactions.
More administrative reform is needed in the banking industry to make it easier for businesses and individuals to get credit, experts told a conference in HCM City on May 16.
Three years after a groundbreaking decree opened public companies to foreign ownership, less than four per cent of eligible firms have removed their foreign ownership ceiling.
The Saigon Union of Trading Co-operatives (Saigon Co.op), Viet Nam’s leading retailer, on October 25 received ISO 9001:2015 quality certification from QMS Certification Services.
Viet Nam leads the weekly trend of accessing online video, with 92 per cent of respondents saying that they accessed online video on a weekly basis, Nielsen reported.
PetroVietnam Mud Drilling Corporation, listed as PVC on the Ha Noi Stock
Exchange, will pay a dividend of 14 per cent in cash on October 25 for
last year''s performance.
Research recently conducted by Oxford Economics says that the mobile internet sector may contribute US$5.1 billion to Việt Nam from 2015 to 2020, it was revealed at a workshop yesterday.
The Ministry of Justice plans to review Article 292 of the 2015 Penal
Code, with reference to other relevant ministries and agencies, to avoid
creating barriers to the development of startup enterprises.
Government debt reached more than VND1.5 quadrillion (US$66.7 billion)
last year, expanding nearly 70 per cent during the 2010-15 period, the
Vietnam News Agency reported yesterday.
Article 292 of the Penal Code adopted by the National Assembly last year recently stirred up controversy as it was stated that any services offered online or via telecommunication networks without prior permission would be deemed illegal.
Since July 01, 2016, the legal representatives of enterprises that
illegally dismiss their employees can be imprisoned for three months to
three years under the provisions of the 2015 Criminal Code.
Vietnamese consumers spend 24 hours and 7 minutes on average online per
week, an increase of almost nine hours from 2014, according to a recent
report from Nielsen.
On May 30 the media carried the Ministry of Finance''s request to the central bank governor, Le Minh Hung, to instruct major State-owned lenders BIDV and Vietinbank to pay the 2015 dividends in cash.
