HKETO NEWSLETTER - HK FILES
[02-02-2016] The latest issue of HK Files, the newsletter published by the Hong Kong Economic and Trade Office (ASEAN), has just been published. It is available for viewing at their official website. Please click the following hyperlink to read the latest news on Hong Kong and the activities of this office.
NEW GUIDELINES ON ENTERPRISE REGISTRATION
[25-01-2016] As of December 1, 2015, the Ministry of Planning and Investment issued Circular 20/2015/TT-BKHDT (Circular 20) guiding Decree 78/2015/ND-CP on enterprise registration.
EXCHANGE RATE MAY VARY BETWEEN 3-4% IN 2016: VEPR
[25-01-2016] The exchange rate may vary between 3 and 4% in 2016, according to the Viet Nam Institute for Economic and Policy Research (VEPR). In its macro-economic report, the institute analyzed that the foreign exchange market operated in a relatively stable manner in the first half of Q4, 2015 and exchange rates at commercial banks and free market declined since the yuan devaluation.
TRANSPARENCY AND ACCOUNTABILITY
[25-01-2016] Mr Nguyen Van Binh, Governor of the State Bank of Vietnam (SBV), has made imprints that cannot be denied by the most intense caveats. The deactivation of the "second currency" and an acquisition of weak performance banks at zero VND. However, the work of the governor in 2016 involves facing challenges to meet higher demands to ensure a transparent system.
HOUSING PROJECTS TURN ATTRACTIVE TO FOREIGN BUYERS
[22-01-2016] Around 1,000 foreigners have registered to buy homes in HCMC, especially luxury ones, six months after the 2014 Housing Law went into force, according to the HCMC Real Estate Association (HoREA).
CAI MEP-THI VAI PORT COMPLEX INEFFICIENT
[22-01-2015] Cai Mep-Thi Vai port complex in Ba Ria-Vung Tau Province has operated inefficiently due to underdeveloped infrastructure, logistics shortcomings and competition from ports in HCMC and Binh Duong Province.
VBF: TENTATIVE MEETING WITH MOF'S VICE MINISTER DO HOANG ANH TUAN ON COMMON TAX-RELATED ISSUES
[25-01-2016] VBF received some concerns raised by enterprises in the wines & spirits, beer and tobacco business sectors on Special Consumption Tax (SCT) stipulated in Decree 108/2015/ND-CP dated on 28 October 2015. Taking this opportunity, the Tax Sub-Group is planning to have a meeting with Vice Minister of Finance – Mr. Do Hoang Anh Tuan after Tet holiday on common tax related issues.
STOCK MARKET: WAITING FOR CASH FLOWS
[20-01-2016] The Vietnamese stock market was rattled on China's stock turmoil. Stock investment becomes risky and unpredictable, even as there is a lot of positive information about Vietnamese economy.
