Corporate income tax likely to be cut by 5 percent
The NA Finance and Budget Committee suggested further corporate income tax cuts to 20 percent, the chair of the committee told Saigon Tiep Thi newspaper.
Industrial exports expected to stall
The Ministry of Industry and Trade has warned of upcoming challenges in finding industrial export contracts in key export markets.
Vietnam opens world’s largest sturgeon breeding facility
Vietnam Sturgeon Corporation has opened a $47.6 million sturgeon breeding farm in the central highlands province of Dak Lak.
Vietnam to boost bio-fuel development
The Vietnam Bio-fuel Association has been established with initial capital of USD500 million.
Dollar in short supply threatens domestic production
Businesses complain that they cannot buy dollars to import materials for domestic production.
EU sets out legislation to curb rating agencies
Europe on Tuesday sets out long-awaited proposals to regulate credit rating agencies whose assessments are considered to have played a key role in the sovereign debt crisis.
Footwear exporters out of step
The main reason is enterprises paying more for social insurance when the new minimum wage requirement came into effect from October 1.
US urges Asia to help save global economy
The US urged Asia to do more to stimulate global growth to offset the eurozone crisis, ahead of a summit in Hawaii where Washington is seeking to shape the rules for the Pacific region.
Vietnam Airlines investigate potential pilot flying hour fraud
The Civil Aviation Authority of Vietnam is investigating a Vietnam Airlines’ pilot that allegedly falsified his flight hours, an official said.
National Assembly approves VND59 trillion for salary increase in 2012
The Vietnamese National Assembly has approved VND59.3 trillion for salary increases in 2012.
Asian markets slump amid global fears for Italy
Asian stock markets slumped amid a surge in Italy's borrowing costs fuelling global anxiety about the future of the euro.
National Assembly expects to curb inflation next year
Over 90% of NA deputies voted for the country’s socioeconomic development plan for 2012 that targets an inflation rate of less than 10%.
Ministry poised to increase coal prices when time is ripe
The Ministry of Industry and Trade is looking for the most suitable time for a coal price increase after Vinacomin proposed a hike for next year.
Japan police move on Olympus as investors demand clean-out
Japanese police launched an investigation into the financial scandal engulfing Olympus Corp as a major investor joined increasing calls for a wholesale clean-out of the board.
Asian countries cut rates amid global economic woe
Asian central banks have started slashing interest rates amid the prospect of a eurozone on the brink of catastrophe.
Local car sector in slow lane
It is hard for local car industry to attract more foreign investment even when Asia’s major car manufacturing base Thailand is hit by floods.
IMF chief warns world economy risks 'downward spiral'
International Monetary Fund chief Christine Lagarde warned the world was at risk of plunging into "uncertainty and financial instability".
Vietnam moves toward competitive power market
Deputy Prime Minister Hoang Trung Hai has called for plans for the a competitive electricity market.
World Bank critiques Vietnamese real estate market
Land prices in Hanoi and HCM City are equivalent to 80 years of rental costs, the World Bank has said.
APEC saves $60 billion as transaction costs ease: study
Import and export costs in the Asia-Pacific region fell five percent between 2006 and 2010, resulting in savings of nearly $60 billion.
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