Business News

[26-02-2016]  The General Department of Customs would enhance efforts of administrative reforms and modernisation this year to create favourable conditions for imports and exports, a conference heard yesterday. Speaking at the conference to raise measures to improve customs operations in 2016, General Director Nguyen Ngoc Tuc said that customs modernisation was just at an initial stage, and added that greater efforts were required.

[25-02-2016] Foreign experts working on aid projects for foreign non-governmental organisations and Vietnamese nationals employed full-time by UN organisations will soon be exempted from personal income tax. Both exemptions, recently approved by Prime Minister Nguyen Tan Dung, will take effect on May 1.

[24-02-2016] The consumer price index (CPI) in February posted a month-on-month surge of 1.27% and went up 0.42% against last December, according to the General Statistics Office (GSO). The CPI rose 1.03% in the first two months of 2016 against the same period last year.

[01-03-2016] The Government issued Decree 11/2016/ND-CP dated 3 February 2016 stipulating regulations on Work Permit applications, which will take effect from 1 April 2016. Accordingly, these new regulations would have certain impacts on the future assessment of Work Permit application, Work Permit exemption and Work Permit de-registration.

[24-02-2016] The finance-banking sector topped the list of 10 industries offering the highest salaries for mid-level and senior managers in 2015 and it is also one of the four sectors with strongest recruitment demand this year.

[23-02-2016] The municipal people's committee has promulgated a decision on the land-use plan in 2016 in the city's Hoan Kiem District. Accordingly, the district will have 26 land projects, including 19 unfinished plans of 2015, and seven new ones. About 15.76ha will be allocated for agriculture, while 521.99 ha will be used for non-agricultural purposes.

[23-02-2016] The Consumer Price Index (CPI) in the two major cities showed a slight increase in February due to the high demand for goods during Tet holidays, according to statistic offices. Ha Noi Statistics Office reported yesterday that the CPI for Ha Noi in February rose by 0.47 per cent against the previous month and 1.73 per cent year-on-year.

[22-02-2016] Up to 91.1% of processing and manufacturing enterprises were upbeat about economic prospect with higher contracts, according to the General Statistics Office (GSO). The GSO recently released a report on business trend of processing and manufacturing enterprises.