VN has made big gains, but long way to go Business

VN has made big gains, but long way to go

Despite 30 years of renewal, positive changes in its economy, and at one time bearing the tag of "Asia's Next Dragon", Vietnam’s position in global rankings has not improved to any great extent.
Eight-month economy sees positive changes Business

Eight-month economy sees positive changes

Vietnam recorded positive changes in almost all fields in the first eight months of this year with its macro-economy remaining stable, economic development staying on track, business climate improved.

Changes to Ninh Thuan nuclear power plants construction

Construction on Ninh Thuan 1&2 nuclear power plants, the first of their kind in Vietnam, will be extended southwest as stipulated in new changes to their master plan approved by the Ministry of Industry and Trade on June 17.

Changes made to Maritime Code

National Assembly deputies were discussing amendments to the Maritime Code of Vietnam and to the draft Law on the Elections of Deputies to the NA and elections for People's Councils.

Vietnamese firms face big changes following Eurasia Economic Union trade deal

The recent conclusion of the free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EAEU), comprising of Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan, is expected to offer both opportunities and challenges to Vietnamese business players.

In an interview granted to the Vietnam News Agency, Minister of Industry and Trade Vu Huy Hoang highlighted the significance of the trade pact, the first of its kind struck between the union and an outside partner, which covers almost all commerce and investment fields from trade in goods and services, investment services, finance and banking to science-technology services, e-commerce, intellectual property, environmental protection and Government purchase.

NA debates changes to social insurance

Labourers who are ineligible for retirement pensions because they have not made compulsory social insurance payments for the required amount of years may choose to get a one-off lump sum or continue to receive monthly payments if a Government proposal gets approval from the National Assembly later this month.
Imported cars to cost more after tax changes Business

Imported cars to cost more after tax changes

Imported cars are expected to become more expensive by around 5 percent if the finance ministry's draft plan to adjust the calculation of special consumption tax on imported automobiles is approved.