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16 decrees approved to be amended in unity to remove 675 sub-licenses

16 decrees approved to be amended in unity to remove 675 sub-licenses

The Ministry of Industry and Trade (MOIT) has submitted to the government a proposal to use a decree to amend several decrees, in order to rapidly reduce the number of business conditions that hinder business.

The U.S. rescinds an administrative review of the countervailing duty on Vietnam's steel nails

The U.S. Department of Commerce (DOC) has announced to rescind the administrative review of the countervailing duty (CVD) order on certain steel nails (steel nails) from Vietnam for the period January 01, 2016, to December 31, 2016, according to Vietnam Competition Authority.

MARD approved VND170 billion project to develop high-quality Vietnamese coffee

The Ministry of Agriculture and Rural Development (MARD) has approved the VND170 billion (roughly US$7.5 million) project to improve the quality of Vietnamese coffee to gain the higher position in the international arena.

Should family corporations develop holding company model?

Experts said that the holding company model is suitable for the growing family corporations in Vietnam.

Ten enterprises publicized debts of land rent and use charges amounting to over US$16 million in Hanoi

The Hanoi Tax Department has announced the November’s list of 133 firms and units owing debts of tax, land rent and use charges with the total amount of VND450 billion (roughly US$19,8 million). Especially, 10 firms owe land rent and use charges up to more than VND375 billion (approximately US$16 million).

MoE proposes to allocate US$529 million to train 9,000 PhDs

According to Ph.D. Le Dang Doanh, the proposal of training 9,000 PhDs of the Ministry of Education should particularly focus on the quality. If the Ph.D. number is high but the quality does not live up to expectation, such a costly project is just useless.

Jardine Cycle & Carriage spent US$400 million on purchasing 36 million additional shares of Vinamilk

A Singapore-listed Jardine Cycle and Carriage Ltd (JC&C) has bought 36 million additional shares of Viet Nam Dairy Products JSC (Vinamilk), increasing its total investment into Vinamilk to more than US$1 billion, it said in a statement on Thursday.

Ph.D Huynh The Du: "Develop Thu Thiem special economic zone in Ho Chi Minh City like Shanghai Pudong in China"

Ph.D Huynh The Du proposed to develop Thu Thiem new urban area into a special economic zone (SEZ) like Shanghai Pudong in China, to create a push for the development of Ho Chi Minh City’s economy.

Japanese bank's CEO: Transparency is a must to enhance SOEs reform

'SOEs reform will be the key in driving the evolution of the Vietnam economy', according to a high-calibre officer of Japan headquartered Sumimoto Mitsui Banking Corporation.

Wave of SOEs Equitization drives up Vietnam stocks

In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.

Truong Hai Automobile company increased its charter capital by more than US$548 million

Truong Hai Automobile Company has decided to increase its chartered capital by four times from current amount of VND4,145 billion (US$182 million) to serve for business activities in the coming years.