The Ministry of Agriculture and Environment has proposed fee reductions to the Ministry of Finance for the second half of the year, aiming to support business activities and promote online public services.
This marks the fourth time the ministry has imposed fee reductions of 10-50 per cent, which is estimated to have a budgetary impact of about VNĐ700 billion (US$29.1 million).
The lack of regulations governing shipping routes and the arbitrary imposition of fees by foreign shipping companies, including THC, have detrimentally affected the interests of Vietnamese importers and exporters, as well as the country''s ports and logistics sector.
Improvements in import and export demand, especially through inventory replenishment in the US and Europe, as well as the supply, expected to remain stable until 2025, will help seaport firms recover their yields.
The Ministry of Finance has continued to cut a number of charges and fees to support and remove difficulties caused by the COVID-19 pandemic for businesses and individuals.
Container loading and unloading services charges should be increased approaching the regional level so that investors would not feel hesistant when pouring money in developing seaports.
The HCM City Real Estate Association has recently proposed that the central bank should allow lenders to use 45 per cent of their short-term deposits for long- and medium-term loans next year instead of 40 per cent as it has...
Recent surges in transactions and withdrawl fees at a number of commercial banks had seemingly gone against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.
Investors could face criminal charges if they try to manipulate stock prices to earn illegal profits and cause damage to the market and listed companies.
As stated in Resolution 84/NQ-CP, the Government has instructed corresponding administrative authorities to aim for a 0.5 per cent decrease in lending interest rates from now until the end of 2017, while keeping taxes, fees and other charges unchanged.
Airline passengers will have to pay more for tickets starting October 1 when the Ministry of Transport starts applying increased airport service charges to cover investment costs of the airport system and raise service quality.
The Ministry of Transport will increase service charges at airports to compensate for investment costs of the airport system and raise service quality.