October 29, 2011
The famous brand of Phu Quoc fish sauce, which is owned by the Phu Quoc Fish Sauce Association in the Mekong Delta province of Kien Giang, was recently registered by a Hong Kong-based company in China. Vietnamese producers’ associations should register their members’ collective brands overseas as soon as possible to avoid foreign legal battles [...]
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October 23, 2011
Tax officials said they have strengthened surveilance on companies reporting losses Around half the foreign companies operating in the southern province of Binh Duong have reported losses for several years in a row, provincial tax officials said. They suspect that the firms have been submitting false reports to evade tax, the officials said. Among the [...]
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October 14, 2011
Vietnam welcomes Indian oil exploration in East Sea; expert says weapons exchange could be in the future Vietnamese President Truong Tan Sang (L) shakes hands with Indian Prime Minister Manmmohan Singh after they gave joint press statements in New Delhi on October 12. Sang is in India for a three-day state visit. Vietnamese President [...]
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September 23, 2011
Vietnamese coffee exporters fear that they could lose the market to foreign companies who have ample money to stockpile the bean. They say although the business is set to generate a revenue of US$2.6 trillion for Vietnam this year, only foreign exports can claim a successful year. Le Duc Thong, general director of Dak [...]
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September 9, 2011
Vietnam has to get very tough or the flood of illegal Chinese workers will continue Chinese workers at a construction site in the south-central province of Phu Yen. Thousands of illegal workers will continue taking jobs from Vietnamese workers if the Vietnamese government does not take action now, analysts say. There will be no [...]
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June 12, 2011
A woman with children shops at a supermarket in Hanoi. Experts have criticized a new draft law on prices, saying it does not mention anything about consumer rights. The proposed law on prices as currently written has raised concerns among business groups about more controls on pricing. In addition, experts complain that the new law [...]
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May 25, 2011
Foreign shipping lines have imposed unreasonable surcharges on local customers, a report said. Foreign shipping lines have taken advantage of Vietnam’s underdeveloped transportation industry to impose unreasonable surcharges on local customers, a transport ministry report said. The Ministry of Transport discovered at least 10 irrational fees that foreign shipping lines had collected, including “congestion,” “container imbalance” [...]
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May 24, 2011
Rising presence of foreign software firms a positive sign A visitor at an IT exhibition in Ho Chi Minh City walks past an advertisement for Vietnamese dictionary software Lac Viet. The rising presence of foreign companies may help create a good environment for IT development in Vietnam, industry insiders say. More and more global [...]
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February 18, 2011
The Bong Mieu gold mine in the central province of Quang Nam. Olympus Pacific's production in Vietnam comes from the Bong Mieu and Phuoc Son properties in the province. Industry insiders fear that a new export tax may drive foreign investors away from Vietnam’s gold production sector, which could send the industry reeling back into [...]
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December 8, 2010
Milk prices in Vietnam are much higher than neighboring countries, but foreign companies are crying foul at stabilization measures. Vietnam does not violate its World Trade Organization commitments in taking measures to keep prices stable, Deputy Finance Minister Tran Xuan Ha has said. He said it was necessary to issue Circular 122, which allows local authorities to impose [...]
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