The Investigation Police Bureau for Economic Management Order Offences (C46) issued a warrant to prosecute and arrest two Sacombank officials – Tram Be (former Vice Chairman of Sacombank’s Board of Directors and former Chairman of Sacombank’s Credit Council) and Phan Huy Khang (former General Director of Sacombank).
On July 31, 2017, the Ministry of Public Security said that Trinh Xuan Thanh, former Vice Chairman of Hau Giang Province, former Chairman of Petro Vietnam Construction Joint Stock Corporation (PVC) ... turn himself in to the police.
The drafting board regarded the proposed special administrative-economic model for Vietnam to be a combination of Chinese and Korean models.
Viet Nam’s Prime Minister Nguyen Xuan Phuc has recently established his new advisory group for economic issues. The think tank is comprised of Vietnamese economists and experts, some of whom are working abroad.
The debate on minimum wage increase is ongoing during the second meeting held by Viet Nam’s National Wage Council (NWC). And again, stakeholders failed to find a common ground.
An increase by 0.26 per cent from 1.16 to 1.42 per cent in the anti-dumping duty (ADD) will be imposed on shrimp exported to US during the period of 12 months since February, 2013, a move as a result of change of reference country.
Thach Khe iron mine is valued at US$35 billion, according to many experts, however, the economic profits when resuscitating the largest iron project in Southeast Asia have to be seriously considered.
Although, the economic profits of exploitation of Thach Khe iron mine is still potential, environmental and social consequences are very annoying.
The number of newly established corporations is nearly twice as high as the number of temporarily suspended and dissolved ones.
The government has just lifted the ban which forbade Vietnamese nationals from playing at local casinos, paving the way for the gambling industry emerging in the country.