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Category: EconomySubscribe via RSS Feed

WB report: Harder to do business in Vietnam

01-Nov-2014 Intellasia | VNN | 6:00 AM

Vietnam’s ease of doing business stands at 78 among 189 economies worldwide in the Doing Business 2015 report of the World Bank Group, compared to 72 in the 2014 [...]
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World Bank: 40pct of Vietnamese businesses’ profits go to taxes

01-Nov-2014 Intellasia | VNN | 6:00 AM

In 2014, on average, each Vietnamese firm spends 872 hours paying taxes and the tax costs account for 40.8 percent of profits, according to the World Bank’s (WB) annual [...]
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Vietnam left behind by regional countries in terms of business-friendliness: World Bank

01-Nov-2014 Intellasia | Tuoi Tre News | 6:00 AM

Vietnam is falling behind regional countries such as Malaysia and Thailand in the list of business-friendly economies globally, a new World Bank Group report released on [...]
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Number of international visitors to Vietnam increases 8pct

31-Oct-2014 Intellasia | Phap Luat TPHCM | 6:00 AM

As per the general Statistical Office (GSO), in October 2014, the number of international visitors to Vietnam is estimated to reach 559,000 people, down 3.3 percent from the [...]
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First 300 Russian tourists visit HCM City via air charter

31-Oct-2014 Intellasia | Tuoi Tre News | 6:00 AM

HCM City received Tuesday the first-ever group of Russian tourists to arrive in the city on a chartered aircraft, the first in a series of flights scheduled until April next [...]
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Vietnam economy improving: CBRE

31-Oct-2014 Intellasia | Bizhub | 6:00 AM

Vietnam’s GDP grew 5.62 per cent in the first nine months of 2014, along with accelerating foreign investment that increased exports and manufacturing, according to a [...]
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Minister Vinh says falling FDI approvals no cause for concern

31-Oct-2014 Intellasia | TBKTSG | 6:00 AM

Though foreign direct investment (FDI) approvals have declined sharply in the January-October period, minister of Planning and Investment Bui Quang Vinh said the drop is not [...]
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Government continues tax support

31-Oct-2014 Intellasia | TBKTSG | 6:00 AM

Deputy prime minister Vu Van Ninh said the government will continue providing support tax incentives and to local enterprises to help them ride out difficulties despite [...]
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Export procedures to be streamlined

31-Oct-2014 Intellasia | TBKTSG | 6:00 AM

Customs procedures applicable to local exporters could be simplified sharply next year as detailed in draft circulars guiding the implementation of the Law on Customs. [...]
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Only one-fifth of losses in corruption cases recovered: Inspectorate

31-Oct-2014 Intellasia | Tuoi Tre News | 6:00 AM

Thousands of billions of dong (VND1 billion = $47,000) are lost through corruption in Vietnam every year, but only around one-fifth of this amount can be recovered, the [...]
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Vietnam faces major difficulties in recovering corrupt assets

31-Oct-2014 Intellasia | VNN | 6:00 AM

Fighting corruption and recovering assets remain a big challenge for Vietnam, domestic and international experts said at a roundtable on anti-corruption measures in Hanoi on [...]
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Vietnam ranks 78/189 countries on ease of doing business

31-Oct-2014 Intellasia | DVO/WB | 6:00 AM

On October 29, the World Bank (WB) released a report on the global business environment in 2015 in order to evaluate the ease of doing business in 189 world economies. [...]
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India and Vietnam signed seven Memoranda of Understandings

31-Oct-2014 Intellasia | Jagranjosh | 6:00 AM

India and Vietnam on 28 October 2014 signed seven Memoranda of Understandings (MoUs) in New Delhi. The MoUs were signed during the visit of Vietnamese PM Nguyen Tan Dung in [...]
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Intra-Asean trade exceeds external trade

31-Oct-2014 Intellasia | VNA | 6:00 AM

Trade within Asean increased faster than trade between Asean and non-member states during the 1993-2013 period. An annual growth rate of 10.5 percent was recorded for trade [...]
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Vietnam, UK sign WTO trade facilitation agreement

31-Oct-2014 Intellasia | VOV | 6:00 AM

Deputy general director of the general Department of Vietnam Customs (GDC) Vu Ngoc Anh and head of Prosperity of the British Embassy, Andrew Holt signed a grant contract on [...]
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