PM seeks removal of yellow card on Vietnam’s fishery
HCMC – Prime Minister Pham Minh Chinh has asked the European Union (EU) to remove its yellow card on Vietnam’s seafood exports and approve the European Union-Vietnam Investment Protection Agreement. The request was made while he was attending a summit celebrating the 45th anniversary of the
Vingroup to set up hi-tech medical firm
HCMC – Vingroup JSC, which trades its VIC shares on the Hochiminh Stock Exchange, has passed a plan to contribute capital to establish VinMedtech Hi-tech Medical JSC. VinMedtech, headquartered in Viet Hung Ward in Hanoi City’s Long Bien District, has chartered capital of VDN300 billion, 99% of
Binh Dinh proposes second provincial city
HCMC – The south-central province of Binh Dinh has written to the Ministry of Home Affairs proposing developing An Nhon town into the second city of this province, which used to be the capital city of the Tay Son Dynasty and Vijaya Empire of the Cham people. The chairman of the Binh Dinh’s
Haiphong’s key port-connecting road opened to traffic
HCMC – Ngo Gia Tu Street, one of the three major roads linking with the seaport system in the northern port city of Haiphong, was opened to traffic yesterday, December 14. The two other roads are Nguyen Van Linh and Vo Nguyen Giap. These three routes will connect with the port system comprising
Vietnam-Spain trade targeted at US$5 billion
HCMC – Vietnam and Spain aim for bilateral trade at US$5 billion in the next two or three years, heard a meeting between Vietnamese Prime Minister Pham Minh Chinh and his Spanish counterpart, Pedro Sanchez Castejón, in Brussels, Belgium, on December 14. Speaking at the meeting on the sidelines of
PM seeks to rescue gloomy real estate sector
HCMC – Prime Minister Pham Minh Chinh yesterday, December 14, wrote to ministries and localities, ordering them to step up efforts to eliminate hurdles facing the real estate market. PM Chinh told the Ministry of Construction and relevant authorities to carry out Decision 1435/QD-TTg issued on
Financial plan for Metro Line No. 1 company gets nod
HCMC – The Ministry of Finance has written to the Prime Minister presenting its plan to increase the charter capital of the HCMC Urban Railway No. 1 One-member Limited Liability Company (HURC1) after receiving a petition made by the HCMC People’s Committee. The ministry has approved the plan to
Kien Giang breaks ground on 40-km seaside road
HCMC – The Mekong Delta province of Kien Giang started work on a 40-km seaside road linking Hon Dat District and Kien Luong District at a total cost of some VND1.5 trillion yesterday, December 14. The 12-meter-wide road will be completed after some 26 months of construction, allowing a maximum
Public feedback sought for draft revisions of Land Law
HCMC – Lawmakers have decided to introduce draft revisions of the Land Law to the public to get feedback. At its 18th session on December 13, the National Assembly Standing Committee reached a consensus to gather public feedback on the draft of the revised Land Law and issues relating to the
Hanoi’s 2022 budget revenue to surpass estimate
HCMC – The total budget revenue of Hanoi City this year is expected to hit VND300,000 billion, or 107.9% of the year’s target, according to the city’s tax department. The budget revenue of the city this year saw a slight rise of 2.4% over 2021. According to Mai Son, director of the Hanoi Tax
Business tax debts up 3% in Jan-Nov
HCMC – Total tax debt owed by businesses had amounted to an estimated VND126.64 trillion in the year to November 30, up 3% year-on-year, according to the General Department of Taxation. This debt was 10.1% higher than late last year. The department attributed the strong rise to the Covid-19
Ninh Thuan to host international kitesurfing week for first time
HCMC – The south-central province of Ninh Thuan will host an international kitesurfing week for the first time to spur local tourism. The international kitesurfing week is scheduled to last 10 days, from December 16 to 25, in Ninh Hai District as part of the Ninh Hai-Ninh Thuan Cultural and
Some business models eligible for e-invoices generated from cash registers
HCMC – The General Department of Taxation is building a roadmap to deploy e-invoices with tax codes generated from cash registers as a subsequent step in the digital transformation of the tax sector. According to the General Department of Taxation, eight business models will be entitled to apply
Contractors for North-South Expy’s second phase to be chosen before December 25
HCMC – The North-South Expressway project’s second phase has entered the final stage of the contractor selection process, so the contractors for the first 12 bidding packages will be chosen before December 25, according to the Ministry of Transport. The bid openings for those 12 packages with a
Lao Cai border gates to be fully reopened early next month
HCMC – The Vietnam-China border gates in the northern province of Lao Cai will be fully reopened on January 1 next year, as China has eased its Covid-19 restrictions, according to a local official. Hoang Dang Khoa, chairman of the People’s Committee of Lao Cai City, was quoted by the local media
Finance Ministry proposes delaying Decree 65 until 2024
HCMC – The Ministry of Finance has released a draft decree amending Decree 65 on bond trading, proposing a one-year delay of putting the said decree into force. In its proposal, the ministry suggested that Decree 65 should take effect from January 1, 2024, as the bond market is in a liquidity