Business

Vietnamese consumers distracted with dirty beef imports and Chinese grapes
10/04/2013 04:18
Doors kept open for dirty beef imports In principle, cooking imports must go through verification before entering the domestic market. However, over 10 tons of dirty imports still could go through competent agencies. Veterinary Agency Region II, which confirmed that the beef imports by...
Take-away coffee booming in Vietnam
10/04/2013 04:15
Huynh Thi Thanh Nga, the owner of a pavement coffee shop on Han Hai Nguyen Street in HCM City, noted that previously, connoisseur people liked the coffee with strong coffee flavor, while nowadays, the youth and office workers tend to drink coffee more regularly, considering this a kind of...
Vietnamese delivery firms run after foreign in the race
09/04/2013 02:13
Luong Ngoc Hai, General Director of Viettel Post (VTP), which has been present on the market over the last 15 years, admitted that the satisfactory business performance was only seen in 2012, when it obtained the turnover of VND883 billion thanks to the cost saving solutions. It strives to...
WTO membership fails to stimulate economic growth
09/04/2013 02:08
Economic growth has been lower than expected since Vietnam joined the World Trade Organisation in 2006 A report by the Central Institute for Economic Management (CIEM) found that in the five-year period between 2007-11, agriculture, forestry, fishery, trade and foreign investment all...
Vietnam plans to strengthen post-licensing control to heighten FDI quality
07/04/2013 03:41
The draft of the government resolution on improving the effectiveness in attracting, using and managing FDI, shows a lot of measures to tighten the control over the FDI project implementation after the licensing. The draft resolution says that local authorities and watchdog agencies need to...
Tax reduction will bring more gains than losses
07/04/2013 03:39
The corporate income tax being drafted by the Ministry of Finance stipulates that the popular tax rate would be lowered from 25 percent to 23 percent. Meanwhile, the tax rate of 20 percent would be applied to the small and medium enterprises, i.e. the enterprises with less than 200 workers...
New business numbers fall in first quarter
06/04/2013 01:01
The registered capital in the first quarter dropped 16.1 per cent compared to the same period last year, while the number of newly established enterprises declined by 6.8 per cent. Compared with the fourth quarter of last year, the decline in capital and the number of firms was even higher...