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Business Brief August 28

28-Aug-2014 Intellasia | | 11:15 AM

* Ocean Hospitality and Service Joint Stock Company has changed the name of Star City Suoi Mo Hotel inQuangNinhProvinceintoStarCityHalongBayand got the Vietnam National [...]
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Improving business milieu could bring Vietnam 1-2pct GDP growth: official

28-Aug-2014 Intellasia | Tuoi Tre News | 6:00 AM

Should the Vietnamese business environment be improved, Vietnam’s gross domestic product could grow by one to two percent, a deputy minister of planning and investment [...]
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Vietnam, EU issue joint press statement

28-Aug-2014 Intellasia | Thanhnien News | 6:00 AM

Vietnam and the European Union on August 25 released a joint press statement on the occasion of European Commission President Jose Manuel Durao Barroso’s August 25-26 [...]
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Korea, Vietnam Sign Provisional Amendment to Double Tax Avoidance Agreement

28-Aug-2014 Intellasia | Business Korea | 6:00 AM

The Ministry of Strategy and Finance announced on August 25 that the Korean and Vietnamese governments provisionally signed a revised double tax avoidance agreement during [...]
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Vietnam Rubber Surplus Hurts Producers, Helps Tire Industry

28-Aug-2014 Intellasia | Alibaba | 6:00 AM

In an effort to help Vietnamese companies compete in the world market, the Ministry of Finance is considering cutting the rubber export tax to zero from the current rate of [...]
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Government lowers income tax for firms

28-Aug-2014 Intellasia | VNS | 6:00 AM

Vietnam’s Ministry of Finance has cut the general enterprise income tax rate to 22 per cent from 25 per cent from 2014 on and to 20 per cent by 2016. Enterprise income [...]
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Online tax payments to be applied in 15 localities

28-Aug-2014 Intellasia | VNS | 6:00 AM

The general Department of Customs will deploy a tax payment plan via the internet in 15 cities and provinces by the end of this month to help taxpayers save time and money. [...]
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Petrol import tax to remain unchanged: finance ministry

28-Aug-2014 Intellasia | VNS | 6:00 AM

The Ministry of Finance (MoF) on August 25 asked petrol distributors and dealers not to revise the import tax on petrol and oil products until the end of this year. The [...]
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New customs reforms are insufficient, businesses say

28-Aug-2014 Intellasia | Vietnamnet | 6:00 AM

Taxation and customs agencies have begun to streamline administrative procedures but businesses say they have not enjoyed the benefits of such action. The prime minister has [...]
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Japan seeks more Vietnamese guest workers

28-Aug-2014 Intellasia | Vietnamnet | 6:00 AM

Vietnamese labour export companies have reported a sharp increase of 30 percent from Japan for Vietnamese labourers. It is expected that 10,000-12,000 workers will be sent to [...]
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Contractors ask to recruit thousands of unskilled Chinese workers for Vietnam project

28-Aug-2014 Intellasia | Tuoitre News | 6:00 AM

Dozens of contractors of a Taiwanese-owned project in an economic zone in central Vietnam have asked the zone’s management board for permission to recruit nearly 7,500 [...]
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Business bankruptcies just the tip of the iceberg

28-Aug-2014 Intellasia | VNS | 6:00 AM

Enterprises need government support to restore production and develop, To Hoai Nam, vice chair of the Vietnam Association of Small and Medium Enterprises, told Hai quan [...]
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Experts: Inflation target obtainable this year

28-Aug-2014 Intellasia | TBKTSG | 6:00 AM

Local experts have more grounds to believe that the government’s target of curbing inflation at 6-7 percent this year is achievable given a slight consumer price index [...]
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Vietnam enjoys a boost in foreign arrivals

28-Aug-2014 Intellasia | Thanhnien News | 6:00 AM

Vietnam welcomed more than 5.47 million international arrivals in the first eight months of this year, up 12 percent over the same period last year, official figures showed. [...]
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Vietnam’s Jan-August inflation hits five-year low

28-Aug-2014 Intellasia | Thanhnien News | 6:00 AM

Consumer prices in Vietnam grew 1.84 percent in the first eight months of this year, the slowest pace since 2009, as demand for goods and services remained weak, an economist [...]
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