The construction of the Seashell 5 Hotel was started in January 2016 when its building permit already expired. Only in January 2018 was the violation detected by the inspectorate of the Ministry of Construction. The hotel investor was reported and fined. After the investor was fined, on February 8, 2018, the management board of Phu Quoc Economic Zone issued a building permit for the construction. … [Read more...] about BUSINESS NEWS HEADLINES MAY 25
Tax incentives for energy efficient windows
Asahi said that Tenma representatives on April 1 confessed to prosecutors in Tokyo that its subsidiary Tenma Vietnam in June 2017 had imported a batch of molds and Vietnamese officials demanded a value-added tax of JPY1.8 billion ($16.7 million). … [Read more...] about Vietnam investigates alleged $215,000 bribery by Japanese firm
The cuts came amid bank credit growth in the first quarter of only 1.1 per cent compared to 2.28 per cent in the same period last year as many businesses scaled down or stopped operations, experts said. … [Read more...] about VN ready to be world’s factory, but is the world?
Vietnam's new special working group will be in charge of tapping into the new investment relocation wave gripping the globe At a recent meeting hosted by the prime minister, the representatives of the Ministry of Planning and Investment (MPI) and localities shared that after studying investment opportunities in the country, foreign investors found Vietnam a safe and promising investment destination and a likely candidate for their diversification of supply sources. … [Read more...] about Vietnam sets up special working group to ride wave of investment relocation
Van Thi Loan, director of the Real Bean Coffee Co., Ltd., said online trade connections have helped businesses seek new partners, stabilize production and prepare to boost exports as soon as the pandemic subsides and the market reopens. She also expressed her hope that the Vietnam Trade Promotion Agency would continue to create favorable conditions to help small- and medium-sized enterprises connect with partners through online platforms. … [Read more...] about Pandemic curbs generate boost for trade promotion on digital platforms