Pork price must be stabilised: MoIT Business

Pork price must be stabilised: MoIT

The Ministry of Industry and Trade (MoIT) has said pork must be eligible for price stabilisation due to the high demand for this essential good on the domestic market.
State to continue support for fuel price fund Business

State to continue support for fuel price fund

The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoang Anh Tuan, Deputy Director of the Domestic Market Department under the Ministry of Industry and Trade, in a recent meeting with industry leaders.
Vietnam strives to reduce cash payment proportion Business

Vietnam strives to reduce cash payment proportion

The Vietnamese Government plans to reduce the cash payment proportion to less than 10 percent by 2020 and 8 percent by 2025, which can be done by expanding the network of automatic teller machines (ATMs) and points of sale (POS) nationwide.
FDI firms prefer commercial dispute arbitration Business

FDI firms prefer commercial dispute arbitration

As many as 40 percent of FDI enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre.
Indonesia’s financial system remains stable World

Indonesia’s financial system remains stable

The financial system of Indonesia remains stable and the bank intermediation function continues to improve, stated Bank Indonesia (BI) Executive Director for Communications Agusman.
Healthcare service prices to be adjusted Health

Healthcare service prices to be adjusted

Beginning on July 1, the Health Ministry and Vietnam Social Security (VSS) will adjust the prices of some health care services to better manage health insurance funds, said Health Minister Nguyen Thi Kim Tien.
MoIT to streamline hundreds of regulations Business

MoIT to streamline hundreds of regulations

The Ministry of Industry and Trade (MoIT) plans to streamline 464 to 612 conditions for establishing new businesses, equivalent to some 38.15 to 50.3 percent of the total business conditions.
Deputy PM orders handling of loss-making projects Business

Deputy PM orders handling of loss-making projects

Deputy Prime Minister Vuong Dinh Hue has ordered responsible ministries and enterprises to resolutely handle prolonged loss-making projects in line with market mechanisms while reaffirming that the State would not pump money into inefficient projects.
G2B meeting set to facilitate growth Business

G2B meeting set to facilitate growth

An upcoming G2B (Government to Business) conference will target creating favourable conditions for business growth, not merely on solving existing problems facing enterprises, a senior official has said.