Finance Ministry proposes personal income tax changesThe Ministry of Finance is seeking the Government’s approval for personal income tax exemptions for certain groups.
Average room rate at city hotels tumblesThe average room rate at three- to five-star hotels in Ho Chi Minh City has fallen by 10% in this low season for the inbound segment.
Toyota says production back to normal by year-endToyota, the world's biggest auto maker, said on Friday output will start recovering in mid-year but will not be back to normal until end 2011.
BP pledges USD1 billion to restore oil-stained GulfBP has pledged USD1 billion to jump-start projects aimed at restoring the US Gulf Coast after last year's massive oil spill.
China finances low-income housing in VietnamThe Chinese Development Bank will finance low income housing in Vietnam under an agreement signed in Hanoi.
Taiwanese investors considering Vietnam's pros and consVietnam remains an attractive place to invest, but low foreign currency reserves and dependence on certain imports add to investment difficulties.
Raising compulsory reserve ratio to put pressure on banksIncreasing VND compulsory reserve ratio will help to curb inflation, but may also cause pressures for banks.
Apple tops Nokia as top handset vendor in revenueApple has surpassed Finland's Nokia to become the world's largest handset vendor in revenue terms, a technology research company said.
Central bank may be granted sole authority to cast goldThe Government is considering granting the sole authority to cast gold to the State Bank, instead of the current four or five firms.
Vietnam to keep powdered milk import tax unchangedThe import tax of powered milk products will be kept unchanged, according to a new dispatch from the Ministry of Finance.
Toyota recalls 300,000 US SUVs on faulty sensorToyota announced Thursday it is recalling more than 300,000 sport utility vehicles in the United States to fix faulty airbag sensors.
Bank loan interest rates climb to new high, SMEs stop borrowingThe lending interest rates have been pushed up to 20-22% per annum, forcing small and medium enterprises and individuals to stop borrowing money.
Biggest hydroelectric power plant’s new turbine commissionedThe second turbine of the Son La hydroelectric power plant in Son La Province started generating power for the national grid on April 20.
Economist: Recent fiscal policies may effectively curb inflationVietnam may succeed in taming inflation if it stands firm on its policies to tighten the money supply, says one economist.
Businesses hesitate to give e-invoices a tryMany businesses still hesitate to opt for electronic invoices as they doubt the safety of the new invoice, which will be applied from May 1st.
Product piracy damaging economyGreater awareness of the real impacts of Intellectual Property Rights violations is key to fighting piracy and counterfeiting, experts said.
Apple nearly doubles net profit, iPad sales dipApple nearly doubled its quarterly net profit on record iPhone sales but iPad sales dipped.
35% of luxury homes in Hanoi left emptyNearly 35% of large, newly constructed homes in Vietnam’s capital are left unused.
Inflation continues to soar in Vietnam’s major citiesHCMC’s consumer price index in April is estimated to have risen by 3.16%, the highest increase since May 2008.
Toyota to cut China output by 50-70% until June 3Toyota said it will reduce auto production at its Chinese plants by 50-70 percent until June 3.