The Hanoitimes – Foreign investors are hunting to acquire Vietnamese finance companies as outstanding consumer loans are forecasted to reach the threshold of VND1 quadrillion (US$44.05 billion) by 2019. There has recently been information about the intention of Prudential Vietnam to sell its finance company for US$150 million or Vietnam Technological and Commercial Joint Stock Bank […]
Read MoreHANOI — The consumer price index (CPI) in October rose 0.41 per cent from the previous month and 2.98 per cent year-on-year, according to the General Statistics Office (GSO). That meant the average CPI for the last 10 months rose 3.71 year-on-year – the highest growth rate in the last three years. It was up […]
Read MoreHANOI — The General Department of Taxation (GDT) is considering asking the Ministry of Finance to postpone the compulsory application of e-invoices until July 2019, instead of early next year. Nguyen Dai Tri, GDT deputy general director, announced this at a press conference on e-tax services, held in Hanoi late last week. Specifically, except firms […]
Read MoreHANOI — The Ministry of Finance is drafting regulations on e-bills and will ask the Government to set a deadline of July 2018 for businesses to switch over from paper. But local businesses say they don’t have the information technology resources to meet the proposed deadline. Their concerns were heard at an online discussion on […]
Read MoreLaos and Vietnam have pledged to further enhance their relations and to continue cooperation in the development of various fields. This was revealed by the Prime Minister’s Office this week after high ranking officials from the two countries met in Vietnam to discuss the strengthening of existing cooperative relations. Lao officials were led by Deputy […]
Read MoreVientiane (VNA) – The Lao government and the Company of Economic Cooperation of Vietnam (COECCO) signed a contract in Vientiane on October 25 on iron ore mining and processing. Speaking at the event, Chairman of the COECCO Board of Directors Nguyen Chinh Nghia said the project will be run in the Lao province of Xaysomboun and […]
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