Vietnam: Vietcombank to sell shares to Singaporean investment fund Friday, 5 August 2016 – Singapore government’s investment fund GIC Private Limited (GIC) is negotiating to buy at least 7 per cent of the Joint Stock Commercial Bank for Foreign Trade of Vi?t Nam (Vietcombank). That would be the second largest investment that the Singaporean sovereign […]
Read MoreVietnam: Farmers stuck with tra fish as price sinks lower Friday, 5 August 2016 – The price of tra fish in the C?u Long (Mekong) Delta has continued to fall, leaving large inventories of fish and causing losses for farmers. Nguy?n Ng?c H?i, chairman of Th?i An Tra Fish Co-operative in C?n Th? City, said […]
Read MoreVietnam: Tax incentives to help firms beat difficulties Friday, 5 August 2016 – Vi?t Nam plans to impose a 17 per cent corporate income tax (CIT) for four years from January 1, 2017, on businesses making less than VN?20 billion (US$893,000) in revenue.The current tax rate is 20 per cent.This is one of the tax […]
Read MoreVietnam: Bà R?a-V?ng Tàu promotes investment in four areas Thursday, 4 August 2016 – The southern Bà R?a-V?ng Tàu Province will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism. Hi-tech industrial projects will prioritise energy-saving and eco-friendly products of high added value and competitiveness, while those in the port logistics […]
Read MoreVietnam: City eyes $9,800 per capita income by 2020 Thursday, 4 August 2016 – HCM City’s leaders and newly-elected lawmakers yesterday began a three-day session of the People’s Council to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution. The country’s biggest city has set itself a per capita income target […]
Read MoreVietnam: Vi?t Nam to develop competition policy Thursday, 4 August 2016 – Vi?t Nam is developing a comprehensive competition policy scheme in an effort to refuel reform and accelerate growth towards a market-based economy. Nguy?n ?ình Cung, Director of the Central Institute for Economic Management (CIEM) said at a seminar in Hà N?i yesterday that […]
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