Corporate culture crucial to growth of businesses: Deputy PM Business

Corporate culture crucial to growth of businesses: Deputy PM

Developing corporate culture is a core issue and crucial to the growth of businesses, Deputy Prime Minister Truong Hoa Binh told a forum on economic reconstruction in the “new normal” situation from the perspective of corporate culture which took place in Hanoi on November 8.
H1 State budget revenue lowest in seven years Business

H1 State budget revenue lowest in seven years

State budget revenue in the first half of 2020 was down 10.5 percent against a year earlier and equal to just 44.2 percent of the annual estimate; the lowest since 2013, Minister of Finance Dinh Tien Dung told a conference in Hanoi on July 7.
Enhance the role of state audit in attracting FDI Business

Enhance the role of state audit in attracting FDI

After 33 years of attracting foreign direct investment (FDI) into Vietnam, besides the positive aspects, FDI still has negative issues. It is still common for FDI enterprises to declare and report losses for many reasons, but especially the behavior of “transfer pricing” must be mentioned.
Budget collection drops 9.2 percent in Jan-May Business

Budget collection drops 9.2 percent in Jan-May

An estimated 577 trillion VND (24.86 billion USD) was collected for the State budget in the first five months of the year, equal to 38.2 percent of the estimate and down 9.2 percent compared to the same period last year.
New role of State Audit in attracting new-generation FDI  ​ Business

New role of State Audit in attracting new-generation FDI ​

The State Audit of Vietnam (SAV), through its regular auditing activities, has discovered many violations of law by foreign-invested enterprises in various fields such as environmental protection, land use, and transfer pricing, said Deputy Auditor General Doan Xuan Tien.
FDI poured into Binh Duong up 69 percent Business

FDI poured into Binh Duong up 69 percent

The southern province of Binh Duong has attracted 9.9 billion in foreign direct investment (FDI) from 2016 to October 2019, exceeding the locality’s set plan for attracting FDI in the 2016-2020 phase, the Vietnam Government Portal (VGP) reported.
Dong Nai records good growth in H1 Business

Dong Nai records good growth in H1

The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.