Ministry tightens corporate bond issuances to prevent risks Business

Ministry tightens corporate bond issuances to prevent risks

The corporate bond market had seen exponential growth in recent years as banking credit for several sectors was narrowed, forcing firms to shift to bond issuance to raise capital, Nguyen Khac Quoc Bao, head of the Financial and Bank Department at the HCM City Economics University, told Thoi bao Kinh doanh (Business Times).
VN web travel agencies warned: shape up or ship out Travel

VN web travel agencies warned: shape up or ship out

Google and Singaporean sovereign fund Temasek have forecast the Vietnamese online tourism services market to be worth 9 billion USD by 2020, and said local companies should work quickly or risk losing the market to international companies.
Retailing firms target rural markets Business

Retailing firms target rural markets

Many domestic producers have moved their markets to rural areas as local fast-moving consumer goods (FMCG) firms are facing severe competition with imported products in urban areas.
Business

Finance ministry launches new tax management scheme

From February 5, enterprises can negotiate and reach agreements with tax authorities over the taxable prices of their goods or services, according to a newly-released circular by the Finance Ministry on the implementation of the Advance Pricing Agreement.