Ministry to tighten screws on overseas investments

The Ministry of Planning and Investment is considering drastic new measures to tighten oversight of outward investment by firms, according to Vietnam Investment Review.

Overseas investment has risen significantly in recent years to around 1 billion USD this year, and is expected to rise to at least 2.2 billion USD next year.

Lack of storage blamed for gas hike

The State should offer incentives to businesses to encourage the building of large liquid petroleum gas (LPG) warehouses to help stabilise gas prices, said Dr Nguyen Si Thang, chairman of the Vietnam Gas Association (VGA).
World Bank calls for more reforms Business

World Bank calls for more reforms

Vietnam has made considerable progress in the business regulatory environment over the past year but there is still a lot more room for improvement, said a World Bank official.

12.6 mln USD for business registration reform

Switzerland, Norway and the UN will provide an additional 12.6 million USD to support the second and third phases of the “Technical assistance to business registration reform in Vietnam ” project.

Firms urged to develop e-commerce

An unprecedented number of Vietnamese colleges and universities offer e-commerce training programmes, but the country still has much to learn about the development of online businesses, according to speakers at a seminar held on August 25 by the Vietnam Information Security Association.

Forum briefs French investors on Vietnam’s strengths

A business forum that seeks to pave the way for French businesses to seek investment opportunities in the Vietnamese capital of Hanoi was opened in Bourg-la-Reine city on June 22, during a visit to France by a delegation from the Hanoi People’s Committee.