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Eye industry 4.0 to attract FDI: Experts

Eye industry 4.0 to attract FDI: Experts

It’s time Viet Nam shift its attention to quality and sustainable development and eye industry 4.0 technologies to attract foreign direct investment (FDI), experts said at an online dialogue on FDI promotion strategies organised on Tuesday in Ha Noi.

Social media could give SMEs global reach: experts

Social media could give SMEs global reach: experts

Small- and medium-sized enterprises (SMEs), which make up 90 per cent of businesses in Viet Nam, should take advantage of new marketing tools like social media to have access to global value chains, experts said at a meeting held on Tuesday in HCM City.

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Proposed VAT on land transfer under fire

Proposed VAT on land transfer under fire

The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices.

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Capital assignment tax won’t affect FDI and M&A: experts

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.

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Demand for cars to boom in 2020: MoIT forecast

Demand for cars to boom in 2020: MoIT forecast

The average income per capita in Viet Nam will reach about US$3,000 in 2020 and the demand for cars will boom, according to the Ministry of Industry and Trade’s (MoIT) forecast presented on Thursday at a seminar in Ha Noi.

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SME transparency a must for loans: experts

SME transparency a must for loans: experts

Small and medium-sized enterprises (SMEs) must improve their transparency to enable them to access banking credits, experts said at a conference on Thursday.

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NA talks changes to Fishery Law

NA talks changes to Fishery Law

New draft amendments to the Fisheries Law will allow lease of sea surface areas to be used as collateral for bank loans.

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Policies effective from October

Policies effective from October

Sticket warning of contents for publications for children, online issuance of work permit to foreign workers Viet Nam, the exchange management of the business of prize-winning electronic games for foreigners were among new policies taking effect from October, 2017.

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Green building trending: experts

Green building trending: experts

Investing in a green factory is a strategic factor in achieving sustainable growth, both bringing tangible benefits to investors and enhancing their public image, experts have told a workshop.

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Trade defence investigations: Ministry discusses experiences

Trade defence investigations: Ministry discusses experiences

The Ministry of Industry and Trade on Friday held a conference in Ha Noi to discuss experiences of coping with trade defence investigations initiated by Australia.

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MoIT removes regulations on steel quality management

MoIT removes regulations on steel quality management

The Ministry of Industry and Trade (MoIT) has promulgated Circular 18/2-17/TT-BCT to remove some regulations on managing the quality of locally produced and imported steel.

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No halt on visa issuance for Vietnamese: German embassy

No halt on visa issuance for Vietnamese: German embassy

The German Embassy in Hà Nội on Wednesday officially refuted rumours that the European country temporarily stopped issuing visas for Vietnamese nationals.

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Consumer lending potential in VN untapped: experts

Consumer lending potential in VN untapped: experts

Researchers at Vietnam National University (VNU) on Wednesday presented results of a consumer lending survey showing that the majority of Vietnamese people have never used a consumer loan.

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Bid to reduce drug prices might prove costly: experts

Bid to reduce drug prices might prove costly: experts

The Ministry of Health (MoH) and Việt Nam Social Security are working on a bidding mechanism that they expect will reduce money spent on medicines procured under the national health insurance scheme by 10-15 per cent.

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Reforms needed to help SMEs get credit: experts

Reforms needed to help SMEs get credit: experts

As the importance of small- and medium-sized enterprises (SMEs) to the Vietnamese economy grows, experts are calling on the Government to reform the system of credit guarantee funds that are designed to increase SMEs’ access to long-term financing.

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SBV issues new regulations

SBV issues new regulations

The latest instructions from Le Minh Hung, Governor of the State Bank of Viet Nam (SBV), require credit institutions and commercial banks in Viet Nam to strictly comply with the SBV’s regulations on mobilising capital in foreign currencies and not offer interest rates exceeding the ceiling levels.

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