Business

The Sugar and Sugarcane Association has objected to the proposal by the Ministry of Finance to levy a special consumption tax of 10% on sugary soft drinks.

Potential for enhancing trade ties between India and CLMV countries (Cambodia, Laos, Myanmar and Vietnam) was highlighted at a conference which opened in Phnom Penh, Cambodia.

Italian coffee producers highly evaluated Vietnamese coffee beans as they are essential ingredients of their products, Mario Vicentini from Comunicaffe International, an Italian daily newspaper about coffee, told Vietnam News Agency reporters at Milano Coffee Festival.

Nha Trang Sao JSC has filed another complaint in order to continue a tourism project which was banned for illegally encroaching the renowned Nha Trang Bay, Khanh Hoa Province.

Ministry of Finance (MoF) has proposed slashing 38 business conditions and simplifying 40 administrative procedures in the securities sector in its law review this year.

After land prices, and, along with them, instances of violation of land laws, surged in certain places, the provinces involved have temporarily banned land transactions pending the approval of new regulations, helping cool off the market.

The Vietnam Lottery Company (Vietlott) has identified the winner of Jackpot 1 prize worth up to VND303.89 billion (USD13 million) and plans to present the prize in the coming days.

The Vietnam Airlines Corporation plans to build a logistics centre in the Mekong Delta city of Can Tho this year, Deputy General Director Trinh Hong Quang said at a meeting with municipal leaders on May 18.

Ride-hailing companies, MVL from Singapore and Go-Jek from Indonesia, are expected to be the next competitors for Grab in Vietnam.

Thousands of households in the Central Highlands province of Gia Lai have been facing losses due to the massive pepper crop deaths.

Using unregistered point-of-sale (POS) machines to transfer payment may result in tax losses for the local authorities, according to specialists.

The Vietnam Competition Authority confirmed that the acquisition of Uber's Southeast Asia business by Grab violates the Law on Competition as the market share gain exceeds fifty percent.

The MV Dareen vessel which departed from Townsville in the Australian state of Queensland carrying a cargo of 4,029 cows docked at Cai lan Port in Ha Long City of Quang Ninh province on May 15.

A working delegation of the European Commission's Directorate-General for Maritime Affairs and Fisheries began a fact-finding trip to Vietnam to inspect the implementation of recommendations related to the fight against illegal, unreported and unregulated fishing.

Huobi.Pro, the world’s third largest digital asset exchange, will host Blockchain Festival 2018 in Ho Chi Minh City from May 24-25. It has just announced the agenda and the speakers confirmed for the event.

Taxi services have boomed after the plans to develop Phu Quoc into an international hub for tourism and special economic zone were announced.

Fitch Ratings has upgraded Vietnam's sovereign rating based on rising foreign-exchange reserves and strong economic growth.

Several banks in Vietnam have warned customers about the danger of losing their bank accounts when logging into fake banking websites.

Deputy Prime Minister Pham Binh Minh has approved a project in which Germany will provide EUR5 million to help Vietnam develop smart grids for renewable energy and energy efficiency.