The Ministry of Finance (MoF) has not extended the policy of 50% registration fee cut for domestically-manufactured cars as embassies of some countries, including Thailand, Indonesia, and the European Chamber of Commerce (EuroCham), expressed concern that such a reduction shows discriminatory treatment against imported cars. … [Read more...] about New regulations to change Vietnam automobile industry in 2021
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VIETNAM BUSINESS NEWS JANUARY 16
Speaking at the inauguration of the plant, Chairman of An Giang province People’s Committee Nguyen Thanh Binh highly valued the group’s efforts for the past years as the group’s solar power plant in the border province Tinh Bien has helped to change the rural district’s face. Moreover, the group has contributed greatly to the province’s budget and offered more employment to locals in the countryside. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16
Foreign-invested enterprises hopeful about plans to list shares on bourse
The Ministry of Finance (MOF), suggesting solutions to help the stock market overcome the Covid-19 crisis, has once again proposed allowing foreign invested enterprises (FIEs) to list on the bourse. However, ministries have been warned that excessive caution may do more harm than good. … [Read more...] about Foreign-invested enterprises hopeful about plans to list shares on bourse
Stable structure for state budget
This was due to the ongoing COVID-19 pandemic causing a decline in businesses’ performance, making it difficult for them to contribute to state coffers, and because of the government’s application of policies on supporting health care, production, and social security. Policies on defer tax payments and directly supporting businesses and the public have also mounted to tens of billions of US dollars. … [Read more...] about Stable structure for state budget