Business

Deputy Prime Minister Vuong Dinh Hue has released a list of State-owned enterprises from which the Vietnam Oil and Gas Group (PetroVietnam) must reduce its ownership between 2017 and 2020.

The Ministry of Finance recently proposed increasing value-added tax to 12% in 2019, from 10% in order to ease the high public debt. This has raised concerns from local experts.

Vietnam may issue permanent residence cards to foreign investors on Phu Quoc Island under a draft law on special administrative zones submitted to the government by the Ministry of Planning and Investment (MPI).

PM Nguyen Xuan Phuc introduced abundant business opportunities in Vietnam following the M&A trend and SOEs equtization at a forum on Vietnam-Thailand economic cooperation forum in Bangkok on August 18.

The government needs to explain why a state monopoly will be applied to the production and trading of up 20 goods and services, particularly in the context when many Vietnamese state-owned enterprises face losses, said some local experts.

The Ministry of Finance (MoF) has proposed the addition of soft drinks to the list of goods subject to special consumption tax, including carbonated soft drinks, non-carbonated soft drinks, energy tea drinks, and instant coffee.

The Ministry of Finance suggested reducing corporate income tax for small and medium-sized firms which make up of 98% of total local firms.

Tata Coffee Vietnam, a subsidiary of India's Tata Coffee Limited, held a ground-breaking ceremony for an instant coffee plant in Binh Duong on August 16.

The construction and development of underground urban areas is an indispensable trend in modern urban development, according to Savills Vietnam. In the case of Ho Chi Minh City, the consultancy firm emphasizes the potential for real estate segments to

The Ministry of Industry and Trade has announced it is preparing to review 30 years of foreign direct investment (FDI) attraction in Vietnam.

Many GrabBike drivers in Hanoi are trying to switch off the ride-hailing app or making false bookings to oppose the newly-announced pay cut.

The Minister of Finance has approved Mr. Le Hai Tra to be in charge of the Board of Directors at the $84-billion Ho Chi Minh Stock Exchange (HoSE), following the departure of former Chairman Mr. Tran Van Dung, who

Only a small area of eight industrial parks and complexes in the coastal Southern Central province of Ninh Thuan has been filled, resulting in a huge waste of land.

Prime Minister Nguyen Xuan Phuc’s working group has called for the railway sector to raise its competitiveness in comparison with other modes of transport.

Latest bank report notes the difficulties facing the government in reaching targets.

Several traditional lottery firms in Vietnam have begun co-operating with Vietlott to sharpen their competitiveness in the context of the falling revenues.

Household businesses in Vietnam don't want to expand into firms because of the fear of losses, high taxes and complicated procedures.

Seven State-owned enterprises’ (SOEs) equitisation plans were approved in July, bringing the total number for the first seven months of 2017 to 26.

Analog television signals will be switched off in 15 cities and provinces on August 15, the Ministry of Information and Communications (MIC) said.