The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions. Full Article
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MoIT promotes operation of new industrial production projects 25/07
The ministry said it will continue to effectively implement supportive policies for enterprises approved by the Government to remove difficulties and obstacles in production and business activities.
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Deputy PM asks ministries to remove difficulties of fisheries industry 25/07
According to recommendations from the Vietnam Association of Seafood Exporters and Producers (VASEP), the fishing industry faces many difficulties including unreasonable regulation on ceiling interest costs during calculating income tax, unreasonable delays in getting fishing certifications and problems with the minimum size set for the tuna they are allowed to...
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Four key petroleum traders and 20 distributors checked for signs of violation 25/07
The MoIT held a meeting with key traders in the import and export business on Tuesday to discuss distribution and supply in the petroleum market in the first six months of this year and key directions for the second half of 2024.
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Fuel businesses and consumer rights must go hand-in-hand 24/07
Fuel prices remain a thorny issue for regulators, mainly on how to calculate retail prices with the Ministry of Industry and Trade (MoIT) saying the central government does not want to impose pricing, but it will take actions to ensure consumer rights are protected.
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Vietnam, Cuba promote co-operation between construction businesses 24/07
Minister of Construction Nguyễn Thanh Nghị held talks with Cuban Minister of Construction Rene Mesa Villafana in Hanoi on Tuesday, aiming to review the implementation of agreements on cooperation in construction in line with the minutes of the 41st meeting of the Vietnam -Cuba Intergovernmental Committee signed in Cuba on...
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Vietnamese spend nearly VNĐ150 trillion online shopping 24/07
Vietnamese consumers spent VNĐ143.9 trillion (US$5.7 billion) buying 1.53 million items on five e-commerce platforms in the first half of this year, representing a rise of 54.91 per cent and 65.55 per cent over the same period last year, respectively, according to data from market analysis firm Metric.
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Pepper finds its way back into the group of billion-dollar export items 24/07
Data from the Vietnam Pepper and Spice Association (VPSA) showed that Vietnam exported 142,586 tonnes of pepper worth US$634.2 million in H1, down 6.8 per cent in volume but up 30.5 per cent in value.
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PM requests to complete the decree on car registration fees in July 23/07
Prime Minister Pham Minh Chinh has just signed off on key tasks and solutions to promote growth, control inflation and stabilise the macroeconomy in July and the third quarter of this year.
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The private sector should not be assigned offshore wind power development: MoIT 23/07
The Ministry of Industry and Trade (MoIT) has submitted a report to the Government regarding the implementation of a pilot project for offshore wind power development, recommending that the private sector should not be assigned this task.
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MoIT proposes key solutions to cope with rising sea freight prices 23/07
The ministry said that in recent times, increases in shipping rates, local congestion at some Asian ports and lack of empty containers have had an impact on activities.
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Facilitating the use of unbaked construction materials in Vietnam 23/07
The State has approved a programme for using these types of construction materials in Vietnam until 2030.
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Aviation industry boosts flights amid aircraft shortage 22/07
The average number of operated aircraft is 167 as of July, a decrease of 51 units year-on-year.
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Warnings as HRC steel imports continue to increase rapidly 22/07
The amount of imported hot-rolled coil steel in the first six months of this year increased sharply to an alarming level, 1.7 times higher than domestic production.
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Foreign outflows amid lack of new draws for Vietnam 22/07
Since 2023, the total net selling by foreign investors has amounted to approximately $4 billion.
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