PetroVietnam Coating JSC, a member of PetroVietnam Gas JSC, has won a contract to coat a 14-inch, 9.5km-long marine pipeline using anti-corrosion method and reinforced concrete as part of a mining project run by Thailand’s PTTEP Group in Myanmar. According to the firm, the project will be implemented in the third quarter of 2022. PVCoating […]
Read MoreThe draft circular amending several articles of Circular 39 prescribing lending transactions of credit institutions and/or foreign bank branches has raised concern about the congestion of capital flow into the real estate sector and high inflation. Capital to real estate sector gets stuck Do Quang Tung in Hanoi wants to buy an apartment in Thanh […]
Read MoreVietnam’s tra fish export increased by 83.2% in the first half of this year, the highest growth rate among fishery products, the latest data by the Vietnam Association of Seafood Exporters and Producers (VASEP) showed. Seafood exports were expected to rake in nearly 5.8 billion USD for Vietnam in the first six months, up almost […]
Read MoreThe Ministry of Finance (MOF) has finally proposed a cut in luxury tax and VAT after advising that the environmental protection tax be cut to the floor level, to be applied from early August to the end of the year. The detailed tax cut scenario has not been disclosed and still needs the National Assembly’s […]
Read MoreThe Kim Thanh II international border gate in the northern province of Lao Cai suspended import-export activities from today, July 4, after China discovered Vietnamese goods having the coronavirus. Ha Duc Thuan, deputy head of the Lao Cai economic zone management board, told Tuoi Tre that the Chinese side has yet to inform when the […]
Read MoreOnce approved by the National Assembly, the cut will take effect on August 1. The Vietnamese Government has proposed a further cut of environmental protection tax on petrol products by VND1,000 per liter and VND500 for diesel products, the largest margin possible, until late 2022. The proposal was mentioned in Government’s resolution No.82 proposing lower […]
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