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Vulnerable technology transfer of enterprises still persists

The issue of weak technology transfer amongst Vietnamese enterprises has again been raised at the forum “Interconnecting Model to Promote and Develop The Market of Science & Technology in Vietnam” recently held by Ministry of Science and Technology in cooperation with Vietnam Chamber of Commerce and Industry.

President of VCCI: 'The FDI man has been in Vietnam for 30 years and still cannot marry local businesses in Vietnam'

Vu Tien Loc affirmed that over the past years, the reform of Vietnam business environment and the implementation of free trade agreements have created breakthroughs but the spillover of foreign direct investment (FDI) is still very low.

Synchronization amongst provinces in FDI promotion is still missing

Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.

Self-certification mechanism looms to put in place to facilitate local exporters to EU

In January 2019, Vietnamese exporters to the EU will have to self-verify the origin of their products in order to be qualified for Generalized System of Preferences (GSP), tariff preferences for developing countries.

Decree 15 on food safety would save 10,000 labour days and about US$440 million, wouldn't it?

PhD. Vu Tien Loc, President of the Vietnam Chamber of Commerce and Industry, said that Decree No. 15/2018/ND-CP on food safety would save 10,000 labour days and about US$440 million.

MoF agrees not to tax land use rights transfer

Having encountered quite fierce protests from many organizations about the proposal to impose value added tax (VAT) on the transfer of land use rights, the Ministry of Finance (MoF) confirmed that it would not impose the tax.

VCCI President Vu Tien Loc: High time for Vietnamese entrepreneurs to reach global standards

"Business scale is less worrisome now. The main issue is whether they live up to the global standards."

VCCI's Chairman Vu Tien Loc: 'Vietnam has become a successful model of economic reforms'

That is his opinion at the press conference held by the Vietnam Chamber of Commerce and Industry (VCCI) to update its preparations for enterprise events during APEC 2017.

“Unofficial costs” counted as being higher than loan interest rates annoying businesses

Both official and unofficial costs are becoming a burden for thousands of enterprises.

2018 minimum wage closed 6.5 per cent rise deals with claims

Having experienced many debated sessions, the Viet Nam’s National Wage Council (NWC) reaches a final decision on a rise of minimum wage by 6.5 per cent in 2018, a balance move to settle a harmonization between employers and employees.

Stock indexes
995.54 2.05 0.21
Volume: 244,416,646 Value: 5,120.13 (Billions VNĐ)
114.2 0.6 0.53
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52.46 0.48 0.93
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962.7 2.95 0.31
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