New law set to help weak banks recover: experts

New law set to help weak banks recover: experts

Some weak banks that are undergoing restructuring might get out of the worse thanks to unprecedented support measures under a new law, experts have said.
Ministry clarifies decree on imported autos

Ministry clarifies decree on imported autos

The Ministry of Transport issued a circular to guide the implementation of Decree 116 that tightens control over quality, technical safety and environment protection of imported autos.
Law on credit institutions takes effect

Law on credit institutions takes effect

Many business people, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management positions to meet a new Government regulation.
Government to promote private investment

Government to promote private investment

The public investment restructuring scheme in 2017-20 will focus on core sectors of the economy and major projects that give impetus to socio-economic development and promote public and foreign investments under public-private partnership (PPP) practice.
Ministry backs down on VAT

Ministry backs down on VAT

Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.
MoF wants hike in tax on capital/securities trade income

MoF wants hike in tax on capital/securities trade income

The Ministry of Finance has proposed the Government raise the individual income tax imposed on capital/securities transfer to 2 per cent for trades not registered to the Vietnam Securities Depository and not made on the securities market.
The rules of the race to solar viability

The rules of the race to solar viability

Vietnam is among the world’s fastest growing countries, and it is gearing up to emerge as a big market in the renewable energy sector, as the country shapes new policies to keep pace with its escalating demand for power. Managing partner Dang Duong Anh and associate Vaibhav Saxena of VILAF law firm describe the sector’s coming opportunities and challenges.
Structural export sector changes will continue

Structural export sector changes will continue

Việt Nam posted a surprisingly high 21 per cent year-on-year growth in export value in 2017. Deputy Trade and Industry Minister Đỗ Thắng Hải talks to chinhphu.vn about how this happened, and what 2018 portends.
New trade, auto rules to usher positive changes

New trade, auto rules to usher positive changes

Foreign traders not present in Viet Nam will have the right to export or import under Vietnamese law and international treaties that the country has signed.
Central bank extends forex loan policy

Central bank extends forex loan policy

The State Bank of Viet Nam (SBV) has officially extended a policy allowing exporters to take loans in foreign currencies for another year instead of stopping it on December 31 as planned.
New regulations issued over operation of SCIC

New regulations issued over operation of SCIC

The Government has issued two new decrees over the operation mechanism of the State Capital Investment Corporation (SCIC).
Vietnam firms need trademarks: experts

Vietnam firms need trademarks: experts

Enhancing the capacity of enterprises, especially in creating trademarks, is an important requirement for enterprises to meet consumer demand in domestic and export markets, heard a conference in Ha Noi on Wednesday.
Experts warn Vietnamese investors of bitcoin bubble

Experts warn Vietnamese investors of bitcoin bubble

Investors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned.
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