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Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

Nestled along the pristine Bai Tu Long Bay in northern Vietnam lies the hidden tourism gem of Van Don, which is gradually emerging as a premier destination on the international tourism map.

The reasons for raising taxes imposed on beverages are not convincing

If the Ministry of Finance (MoF)’s draft law, which amends and supplements five tax laws is adopted, it will have serious impacts on beverage producers.

Prosecuting three criminal cases at petro companies

According to the Investigative Police, the receipt and use of unofficial payments at Vietsovpetro (VSP), Binh Son Refining and Petrochemical Company Limited (BSR) and PetroVietnam Exploration Production Corporation (PVEP) are acts of law violation.

Three scenarios for Vietnam's economic growth in 2018

The economic growth target of 6.7 per cent in 2017 is mainly dependent on the recovery of the agricultural and manufacturing sectors.

Vietnam subsidiaries named major contributors to US$ billion profits of Samsung Electronics

Net profit at the four Samsung subsidiaries in Vietnam reached VND70.7 trillion (US$3.2 billion) in the first half of the year 2017.

Leak out three billion-dollar casinos in Phu Quoc, Van Don and Bac Van Phong SEZs

Sun Group will invest in a high-end tourism complex, which can operate a casino, at Van Don with a total area of ​​2,500 hectares and the total investment of over US$2 billion, of which about US$312.5 million comes from the investors.

Reducing interest rate and unvarying taxes till the end of 2017 to secure economic growth rate

Promoting credit growth and reducing the interest rate by 0.5 per cent are the measures to reach the economic growth target of 6.7 per cent.

Beer prices will rise dramatically due to higher tax

When the excise tax on beer increased to 65%, consumer will be charged 45.9% of the tax on a bottle of beer

Are special administrative-economic zones under the central or local governments?

The draft Law on special administrative-economic zones (special zones) is important to attract and encourage large domestic and foreign investors to participate in economic development.

FPT sold 47% stakes in FPT Trading to Synnex

FPT, a Vietnam-based technology conglomerate, has sold 47% stake worth US$35 million in FPT Trading Company Limited to Synnex, a global leader in IT Distribution in order to focus on the core fields which are technology and telecommunications.

Extending foreign home ownership to 99 years may pose many negative impacts

According to the draft Law on Special Economic Administrative Units, the regulation which may allow foreigners to own houses for maximum 99 years can increase the price of real estate and also pose hidden other negative impacts.

Stock indexes
1,204.97 -0.64 -0.05
Volume: 569,651,810 Value: 14,173 (Billions VNĐ)
227.57 -0.3 -0.13
Volume: 61,955,215 Value: 1,223 (Billions VNĐ)
88.33 -0.04 -0.05
Volume: 23,322,065 Value: 487 (Billions VNĐ)
1,233.72 1.55 0.13
Volume: 176,498,597 Value: 6,620 (Billions VNĐ)