Business

As many as 667 equitized State-owned enterprises (SOEs), including many big names, have yet to list their shares on the stock exchanges so far, said Minister of Finance Dinh Tien Dung on November 21.

The equitization of State-owned enterprises (SOEs) is unlikely to meet this year’s target, as only eleven had completed the process as at the end of September, the English online newspaper Vietnam News reports.

The Long Thanh International Airport project in the southern province of Dong Nai has been scheduled to begin construction in 2020 and operate in 2025, according to Airports Corporation of Vietnam.

The two-way trade revenue between Vietnam and India is on course to increase and is expected to hit US$15 billion by 2020, heard the Vietnam India Business Forum, held in Hanoi, on November 19.

A new housing plan to 2020 that will improve city landscapes and quality of life for its residents has been approved by HCM City authorities.

The import of wheat contaminated with the cirsium arvense into Vietnam has continued despite warnings, posing a high risk of the spread of this harmful weed.

Greater attention now being paid to R&D investment by domestic enterprises, who are increasing the application of their scientific and technological products.

Final five of 19 State-owned groups and corporations have been handed over from ministries to Committee for Management of State Capital.

HCM City Taxation Department have found it difficult to collect taxes from online businesses, said a local official.

Vietjet Air will be among the first airlines to launch flights to Van Don Airport in Quang Ninh Province this December.

Mai Linh Group has launched its app-based taxi service in a bid to compete against ride-hailing giant Grab and other rivals.

The northern border province of Quang Ninh will put into service three major transport projects in December this year, said Secretary of the provincial Party Committee Nguyen Van Doc.

The Vietnam National Administration of Tourism has proposed the Ministry of Public Security to launch an investigation into fake tour guide cards in the central province of Khanh Hoa.

The General Department of Taxation (GDT) has just sent a document asking provincial and city Departments of Taxation to inspect and supervise groups, corporations, and companies, which reported big losses over the past years.

Apart from trade and investment opportunities, experts said participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) offers Vietnam a chance to modernise its labour laws and industrial relations system to create sustainable jobs and bring practical

Price Waterhouse Cooper’s 2018 Global Economic Crime and Fraud Survey in Vietnam finds that 52% of Vietnamese enterprises had experienced economic crime in the past two years.

Vietnam exported a record high of nearly 1.8 million tonnes of coffee during the 2017-2018 crop, 12.7% higher than the previous crop, the Vietnam Coffee-Cocoa Association (VICOFA) stated.

The Vietnam Food Technology International Exhibition (Vietnam Foodexpo) 2018 officially opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on November 14.

The State Bank of Vietnam has reassured depositors after former directors of Vietnam Social Security, including those at Agribank have been detained by police.