Out of the World Bank’s 11 indices evaluating Vietnam’s business environment, construction industry licensing procedures were one of only two to show improvement.
(VOV) – Vietnam’s construction industry licencing procedures ranked 28th out of 185 countries examined by the World Bank in 2013, a leap of 39 places above the previous year.
The Ministry of Construction noted the number of unlicensed constructions fell by 9 percent in 2013.
It added localities are pressing officials for approval of new, more effective construction licence granting regulations.
- BUSINESS IN BRIEF 19/10
Rain leads to hike in veggie prices The prices of vegetables in southern provinces are peaking as supply dwindles because prolonged rainy weather has destroyed many crops and delayed harvesting in other. In HCM City, prices are higher than they have been in years, according to anecdotal reports from local residents. Pham... [Read more]
- Rain leads to hike in veggie prices
HCM CITY (VNS)— The prices of vegetables in southern provinces are peaking as supply dwindles because prolonged rainy weather has destroyed many crops and delayed harvesting in other. A vegetable wholesale stall in HCM City's Thu Duc District. — VNA/VNS Photo Pham Do In HCM City, prices are higher than they... [Read more]
- Vietnamese banks fascinate Japanese investors
VietNamNet Bridge - A lot of Japanese banks have bought the stakes of many Vietnamese big banks over the last three years. Others are seeking their opportunities in Vietnam. Japanese eyeing Vietnamese finance institutions Answering Bloomberg's question in Hanoi on November 14, President of HD Bank Le Thi Bang Tam said HD... [Read more]
- Firms bemoan troublesome tax payment procedures
Tu Hoang Speaking at a seminar organized by the Central Institute for Economic Management (CIEM) in Hanoi City yesterday, chairwoman of the Vietnam Tax Consultants Association Nguyen Thi Cuc said filing for corporate income and value added taxes is one of the most complicated things to do. Enterprises are required... [Read more]
- Social News 23/7
Vaccinations for hepatitis B drop The number of children receiving hepatitis B vaccine within a day of being born has fallen sharply, said professor Nguyen Tran Hien, director of the Institute of Hygiene and Epidemiology. Hien warned that the low rate meant it would be difficult to control any outbreak of hepatitis... [Read more]
- Complex tax laws don't deter foreign investment
(VOV) -The complexity of Vietnam's business tax climate is not impeding the attraction of foreign investment, and oddly enough, is appealing to a corrupt element of investors using complexity and legal loopholes to their advantage. Incentives - not the key to attracting foreign investment Foreign investment helps revive housing market A... [Read more]
- Vietnam's per capita income should be USD7,000: economist
An economist from United States Agency for International Development (USAID) said Vietnam's GNI per capital should be USD7,000, but that ineffective management has hindered Vietnam's growth. Workers at Binh Duong Industrial Park A report from the World Bank, called "Doing Business 2014" indicates that Vietnam's GNI per capita is currently USD1,400. Olin... [Read more]
- Electronic governance officially operates in Da Nang
Addressing the ceremony, Minister of Information and Communications, Nguyen Bac Son stressed that the launch made Da Nang into a pioneer locality in developing an overall architecture of e-governance, which accompanies the development of infrastructure and human resources in order to realise online public administrative services. He expressed his hope... [Read more]
- Thousands of Ca Mau rural households access clean water
A project partly funded by the World Bank is expected to ensure clean water for 4,500 rural households in the southernmost province of Ca Mau as it comes to an end this October. The Ca Mau Clean Water and Environmental Hygiene Centre reported that the project has a total investment... [Read more]
- World Bank finance project benefits rural regions of Vietnam
(VOV) - Vietnam is the most successful country to deploy the rural finance project and is seen as a development model by financial institutions and donors. WB funds environmental sanitation project in Dong Hoi city PM vows to use WB aid efficiently Super rich in Vietnam triple in past decade:... [Read more]