BANKS, REAL ESTATE FIRMS RETURN TO LIFT VN INDEX
Shares rose further on the HCM Stock Exchange on Friday morning, led by banks and property firms. The benchmark VN Index added 0.35 per cent to close at 831.86 points. It gained 0.15 per cent on Thursday.
LOGISTICS FDI RISES IN THE FACE OF RETAIL EXPANSION
Vietnam’s appeal as a destination for foreign logistics providers is rising on the back of its expanding retail market. Several foreign players are entering the market this year, mostly in co-operation with major retailers they already work with in other markets, according to Julien Brun, managing partner of CEL Consulting.
DELOITTE: VIETNAM CUSTOMS AND GLOBAL TRADE ALERT A FRESH PERSPECTIVE
On 25 August 2017, the General Department of Customs (GDC) issued an internal Directive No. 5591/TCHQ-TXNK to all city/provincial Departments of Customs instructing them to re-examine the HS codes declared on certain imported goods
NEW REGULATIONS ON BANKING GUARANTEES FOR HOME PURCHASES
The State Bank of Viet Nam has issued a circular to amend Circular No 07/2015 on bank guarantees. Under the Circular No 13/2017, which will take effect on November 15, commercial banks must issue guarantees for buyers of future property within 10 days from the date the real estate purchase contract is signed.
CAPITAL ASSIGNMENT TAX WON’T AFFECT FDI AND M&A: EXPERTS
The Ministry of Finance (MOF) has proposed adjusting the rate of the capital assignment profit tax imposed on foreign enterprises in Vietnam in an effort to simplify the process of collection and treatment of corporate income taxes.
LONG HAU SUPPLIER DAY 07 NOVEMBER 2017
Following the success of Amcham Supplier Day 2017, Long Hau Corporation are organizing the Long Hau Supplier Day on 07th November 2017, to support our manufacturing members and to expand the list of qualified local suppliers in Vietnam.
VIETNAM AIR MAY LAUNCH DIRECT SERVICE TO U.S. IN LATE 2019
Vietnam Airlines (VNA) will launch long-awaited direct air service between Vietnam and the United States in late 2019, said VNA general director Duong Tri Thanh. Speaking to the Daily, Thanh said those carriers wanting to operate direct flights to the U.S. would have to meet this country’s aviation standards.
PROPERTY TARIFF NECESSARILY FORMULATED
At the recent Vietnam Finance Forum 2017 in Hanoi, many economists pointed out that it is time to reform the national financial system and focus on tariffs such as added value (VAT) and commodity tax to ensure a sustainable source of funding.
