MINISTRY PROPOSES TAX CUTS FOR FIRMS THAT RENOVATE APARTMENTS
[21-08-2016] The Ministry of Finance proposed the government should offer a preferential corporate income tax of 10 per cent tor firms that are renovating deteriorating apartment blocks. This is aimed at attracting developers to participate in restoring unsafe old apartment buildings, which are a pressing problem in terms of living standards, safety and the urban landscape in major cities such as Ha Noi and HCM City.
VITAS WANTS APPAREL SECTOR ZONING PLAN REVISED
[18-08-2016] The Vietnam Textile and Apparel Association (VITAS) has proposed the Government and relevant ministries revise the master zoning plan for textile and garment industry development as it has become outdated.
INDUSTRY AND TRADE SECTOR LIKELY TO MISS MANY GROWTH TARGETS
[18-08-2016] Low industrial production index, half-plan export growth and rising prices of some commodities are major hardships that the industry and trade sector of Vietnam will have to face in last five months of 2016.
MEKONG DELTA: MANY INDUSTRIAL ZONES BUILT, BUT OTHERS LEFT IDLE
[18-08-2016] Many industrial zones (IZs) have been built in the Mekong Delta and more will be built in accordance with approved plans, but some IZs have been left idle. A report of the Vietnam Chamber of Commerce and Industry (VCCI) Can Tho Branch showed that there were 78 IZs and export processing zones (EPZs) in Mekong River Delta as of June 2016, with total area of 14,787 hectares.
HK FIRMS EXPLORE INVESTMENT OPPORTUNITIES IN HCMC
[17-08-2016] Many Hong Kong companies are looking for investment opportunities in HCMC as new free trade agreements have turned Vietnam into a more attractive destination, a senior business leader said.
HCM CITY APPROVES PPP FOR TRADE CENTRE
[16-08-2016] A group of Japanese businessmen have submitted a proposal to invest in the underground commercial trade centre in Ho Chi Minh City's Metro Line No 1 near Ben Thanh Market.
EXPORT TURNOVER HIT US$ 191 BILLION IN JAN-JUL
[17-08-2016] The total trade turnover touched nearly US$ 191.73 billion in the first seven months, up 2% (or US$ 3.83 billion) against the same period last year, according to the General Department of Viet Nam Customs.
CAP OF 5% INFLATION IN NEW ECONOMIC PLAN
[15-08-2016] The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy.
