Business licence fees may triple Business

Business licence fees may triple

The business licence fee for enterprises is likely to double or triple in the coming period, according to a draft decree by the Ministry of Finance.
Local firms urged to join global value chain Business

Local firms urged to join global value chain

Vietnamese enterprises have a big opportunity to enter the global value chain with several investors entering the country, the Chairman of Vietnam Association of Foreign Invested Enterprises said.
Social insurance receives a boost Society

Social insurance receives a boost

The Ministry of Labour, Invalids and Social Affairs (MOLISA) is drafting a decree to create a State subsidy for people joining the voluntary social insurance programme.
Society

Decree aims to lessen gap between incomes

A draft decree to regulate the salaries of high-ranking officials at State-owned and partially State-owned enterprises has been introduced for review by the Ministry of Labour, Invalids and Social Affairs (MOLISA).
Regulations drafted on foreigners’ housing ownership Society

Regulations drafted on foreigners’ housing ownership

Foreigners are not permitted to own more than 30 percent of the total units of a building in Vietnam, according to a draft decree compiled by the Ministry of Construction (MOC) to guide the enforcement of the revised Housing Law, which will take effect on July 1 this year.
Business

Decree to spur Vietnam’s investment across borders

Vietnamese investors can transfer foreign currency abroad as payment for activities relating to their projects before getting investment licences from foreign local authorities under a draft decree of the Ministry of Planning and Investment.
Minister reviews quality of civil servants Politics

Minister reviews quality of civil servants

Minister of Home Affairs Nguyen Thai Binh clarified questions on the quality and appointment of officials and cadres at a National Assembly (NA) question-and-answer session in Hanoi on November 18.
Business

Vietnam to lift casino ban for Vietnamese citizens

Casinos are to be open to Vietnamese citizens aged 21 and above who meet certain background and financial criteria, according to the amendments to the draft decree on casinos that are currently under consideration.
Business

Deputy PM urges forestry sector to accelerate restructuring

The forestry sector is in urgent need of restructuring in order to improve the productivity and quality of forests, increase the added value of processed wooden products, and promote market expansion for timber products, Deputy Prime Minister Hoang Trung Hai said.