News

About 71% of businesses satisfied with Vietnam's tax procedures reform

The Vietnam Chamber of Commerce and Industry and General Department of Taxation, under the Ministry of Finance, revealed a report on the satisfaction of businesses with the tax administrative procedures reform in 2014 in Hanoi on 11 August. Keep reading ...

Vietnam widens dong’s trading band after China devalues yuan

Vietnam’s central bank doubled the width of the dong’s trading band 12 August, a day after China further weakened its currency, pushing the yuan into its biggest devaluation in two decades. The State Bank of Vietnam widened the dong’s trading band against the U.S. dollar to ...

Mekong Delta's largest waste water facility opens

A new waste water treatment plant, the largest of its kind in the Mekong Delta, was put into operation on Saturday in Tra Noc Industrial Park in Can Tho, Vietnam. At the completion of the first phase of the project, the new waste water treatment facility can ...

Vietnamese companies favor Laos, US for overseas expansion

Vietnamese companies pledged US$155.4 million for their investment projects in 22 countries and territories around the world in the first half of this year, the Foreign Investment Agency recently reported.   The Ministry of Planning and Investment licensed 47 new projects.   Keep reading ...

Overseas Vietnamese granted import tax exemption on used cars

According to a new Government decree, a tax exemption on used cars imported to Vietnam has been given for Viet kieu (Overseas Vietnamese), who are intellectuals, experts and skilled workers. Keep reading ...

Vietnamese Government to create most favourable conditions for Malaysian investors

Vietnam always welcomes and will create the most favourable conditions for Malaysian investors and those from other ASEAN member states to do business in the country, Prime Minister Nguyen Tan Dung affirmed at the dialogue with members of the ASEAN Business Club and Malaysian enterprises ...

Thai justice minister suggests Cambodia and Vietnam join “safe Mekong” anti-drug operation

Thai Justice Minister Paiboon Koomchaya says Thailand and Laos are considering inviting Cambodia and Vietnam to join the “Safe Mekong” anti-drug operation. Gen Paiboon was speaking after attending the 15th bilateral meeting between Thai and Lao delegates on the joint effort to prevent and combat drug ...

Southeast Asia’s biggest-ever drug warehouse raided by Vietnamese, Laotian detectives

After months of tracing and identifying the baron of a drug smuggling ring, forces from Vietnam and Laos raided the organization last month, seizing 5.5 metric tons of drugs – the biggest smuggling case ever uncovered in Southeast Asia. Noticeably, the swoop on the huge drug ...

Vietnam PM encourages Myanmar to grant licences to Vietnamese banks

Prime Minister Nguyen Tan Dung suggested Myanmar to consider granting licences to the Bank for Investment and Development of Vietnam to open branches in Myanmar.   The Prime Minister received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on 6 August during his ...

Flooded Vietnam coal mines leaking toxic slurry into World Heritage-listed Ha Long Bay: environmentalists

Heavy rainfall in northern Vietnam has killed at least 17 people and inundated major coal mines, causing concern among environmentalists about the contamination of the nation’s top tourist attraction and World Heritage-listed Ha Long Bay. A week of persistent rain in Quang Ninh province has displaced ...

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