Business

Tan Son Nhat Airport granted expansion land

Tan Son Nhat Airport granted expansion land

The Ministry of National Defence on Tuesday handed over 21 hectares of land to the Ministry of Transport to expand the overloaded Tân Sơn Nhất airport, the largest airport in HCM City.

Vietnam imports more cars as tariff reduced

Vietnam imported up to 12,000 cars worth a total value of USD237 million between January and the first two weeks of February, according to the General Department of Customs.

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Uber pays VND30bn in taxes

Uber has paid taxes of nearly VND30bn (USD1.3m) according to an official from the Taxation Department.

 >>  Hanoi plans to impose taxi badges on Uber and Grab cars
 >>  Transport Ministry rejects Uber Vietnam proposal
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ADB, SHB strike deal to provide trade loans in Vietnam

The Asian Development Bank and Sai Gon - Hanoi Commercial Joint Stock Bank have signed a Revolving Credit Agreement in which ADB will provide a USD20 million direct loan to SHB to support pre-shipment and post-shipment trade transactions.

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Spanish TV claims about tra fish objected

The Vietnam Association of Seafood Exporters and Producers have strongly objected to footage broadcasted by a Spanish TV which criticised the quality of Vietnamese tra fish.

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PM asks investors to devise long-term strategies in Nghe An

Businesses to the central province of Nghe An would devise long-term and effective strategies, Prime Minister Nguyen Xuan Phuc said at a local meeting with investors on February 19.

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Vietnamese businesses grapple with Brexit

Back in June of 2016, Britain sent shockwaves throughout Vietnam and around the globe by voting to leave the EU.

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Fate of Samsung’s investments in Vietnam questionable?

Samsung finds itself in hot water with its last year overly wrought with exploding mobile phones and political scandals. Will this affect the group’s plans in Vietnam?

 >>  Samsung heir arrested in corruption probe
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State-owned groups and enterprises have brought back VNĐ6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.

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Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

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Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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The Ministry of Finance has refused a local company’s proposal to provide tax incentives on the import of 20,000 electric taxis from French car-maker Renault.

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Vietnam's public debt may quickly exceed the ceiling set at 65% of GDP, which will result in the national economy's budget risks, warned a World Bank economist.

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The Hanoi Stock Exchange (HNX) and the Vietnam Securities Depository (VSD) plan to run the first-ever derivatives market by the end of this year, said HNX on March 16.

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