Trade in gold bars to be banned Business

Trade in gold bars to be banned

Gold bars will be banned on the free market and gold trading tightly controlled under Government Resolution 11/NQ-CP recently issued to stabilise the macro-economy.
Business

Economists support Govt grip on forex, credits

The Eximbank CEO was one of the high-profile advocates of the Government’s recent move on USD transactions, gold markets and credit growth as a necessary step to curb inflation and stabilise the macro economy.
Business

More momentums for supporting industry

Vietnam ’s supporting industry is expected to develop as a number of the world leading groups are expanding their network of satellite producers in the Southeast Asian nation.

Samsung, the leading high-tech group from the Republic of Korea (RoK) plans to expand a network of suppliers in Vietnam to 192, with half being local companies, to produce and supply parts for production in its new manufacturing complex.
Society

No work permit? You may be expelled

Foreign workers without work permits will be forced to leave the country, says Deputy Minister of Labour, Invalids and Social Affairs Nguyen Thanh Hoa.
Business

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.
Five million disabled need more training Society

Five million disabled need more training

More mechanisms should be created to help Vietnam's 5 million disabled people access job training to make sure they fully benefit from the new Law on People with Disabilities.
Government keen to grow electricity industry Business

Government keen to grow electricity industry

The Government will speed up programmes to generate electricity from renewable energies and soon adopt a  mechanism for the electricity industry to grow as it is crucial for national development.