The Hanoitimes – Foreign investors spent VND810 billion (US$35.68 million) to buy 50 million shares of the Vietnam National Textile and Garment Group (Vinatex), aimed to seize opportunities from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Vietnam’s textile and garment. The purchase, which is equal to 10 percent of Vinatex’s charter capital, raised […]
Read MoreTRANSACTIONS involving cryptocurrencies, including digital tokens, will be subject to a 15 per cent withholding tax under a measure approved by the Cabinet yesterday. Finance Minister Apisak Tantivorawong said the Cabinet approved the draft bill on digital asset business – after it was examined by the Council of the State – before forwarding it for […]
Read MoreThe Hanoitimes – Vietnam`s GDP growth rate in the first quarter of 2018 is expected to reach a 10-year high with over 7%, stated in a report of the Ministry of Planning & Investment (MPI) on March 27. Industry – construction, as stated in the report, are considered the driving force for economic growth with increasing […]
Read MoreThe Hanoitimes – Foreign investors disbursed US$3.88 billion in Vietnam in the first quarter of the year, up 7.2 percent year-on-year, reports from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) showed. However, the first three months saw a 25 percent decline of registered FDI capital in the country with only $5.8 billion. Manufacturing […]
Read MoreThe Hanoitimes – Among 26,785 new firms established in Vietnam in the first quarter of the year, 1,226 came from the real estate industry, a year-on-year increase of 32.7 per cent. According to the Ministry of Planning and Investment (MPI), the total registered capital of the firms was nearly VND278.49 trillion (US$12.2 billion) in the period, […]
Read MoreThe Hanoitimes – The Hanoi People`s Committee has recently issued Document No. 1170 on implementing instruction to sum up performance in 2017 and implement task for 2018 of the industry and trade sector. Under the Document, the industry and trade sector shall take following actions: Urgently complete and launch its plan on restructuring the industry sector […]
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