Posts Tagged ‘ Licenced ’

Electronic gaming still a tough nut to crack

November 28, 2009
Electronic gaming still a tough nut to crack

Casinos and tourism resorts go hand-in-handElectronic gaming and casino projects will remain off-limits for the majority of firms. The Ministry of Finance (MoF) is taking recommendations from relevant governmental agencies for a draft decree which governs the operations electronic gaming services and casinos – a sensitive investment area in Vietnam.Until now, Vietnam has yet to [...]

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Binh Thuan: Few licenced golf projects activated

September 3, 2009
Binh Thuan: Few licenced golf projects activated

LookAtVietnam – Only two of 15 golf course projects in the southern province of Binh Thuan have become operational. The remaining, which have been licenced since 2003, are still inactive.   Golf course or titan exploration projects?Most of the golf courses in Binh Thuan are located on good sites along the coast, which is famous [...]

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FDI in search of sunlight

September 3, 2009
FDI in search of sunlight

LookAtVietnam – The Ministry of Planning and Investment is searching for the best scenarios for the country’s FDI.   LookAtVietnam – The Ministry of Planning and Investment (MPI) is searching for the best scenarios for the country’s foreign direct investments (FDI), on the back of international analysts’ predictions that a rebound could be postponed until 2011.  During [...]

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A cautious outlook to cool hot FDI targets

August 30, 2009
A cautious outlook to cool hot FDI targets

More realistic FDI forecasts will help engineer a healthier investment climate.  LookAtVietnam – Vietnam will make cautious foreign direct investment forecasts until the end of next year on the back of international analysts’ predictions that a rebound could be postponed until 2011.  Initial forecasts, which were made at a Ministry of Planning and Investment (MPI) [...]

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More steel projects kicked off, despite warnings

July 21, 2009
More steel projects kicked off, despite warnings

More and more steel projects have been licenced by local authorities though experts have given warnings about the potential consequences of excess steel production capacity. On July 19, 2009, the 500,000 tonne Thai Trung laminating steel project was officially kicked off in Thai Nguyen after the EPC contract was signed with the contractor Danieli.  The [...]

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Deputy proposes raising taxes on estate developments ‘disguised’ as golf courses

July 7, 2009
Deputy proposes raising taxes on estate developments ‘disguised’ as golf courses

VietNamNet Bridge – The debate over how many golf courses Vietnam really needs continues to bubble.  Some 166 golf courses covering 52,000 hectares are open or under development to serve around 5000 golfers.  There’s been a boom in golf course development in Vietnam, particularly since 2005, when provinces were delegated the power to approve investment projects.  [...]

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Solution for “disguised” golf courses: collecting tax arrears

July 7, 2009
Solution for “disguised” golf courses: collecting tax arrears

As many as 166 golf courses covering 52,000 hectares of land serve around 5000 golfers in Vietnam. Each golfer has over 10 hectares of land for entertainment. Meanwhile, each person in the northern delta has only 360 sq.m of land for planting rice on average.  The National Assembly’s Committee for Science, Technology and Environment vice [...]

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MOT wants to freeze domestic airline licenses until 2015

May 30, 2009
MOT wants to freeze domestic airline licenses until 2015

VietNamNet Bridge – The Ministry of Transportation has proposed that no more domestic airlines be licenced until 2015.  More than the present five carriers would make it difficult to manage the aviation industry. Dung told reporters that Vietnam’s policy is to encourage investment in the aviation industry. However, he added, Vietnam needs to have a [...]

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Too many air carriers would cause difficulties for management

May 29, 2009
Too many air carriers would cause difficulties for management

If Vietnam allowed too many air carriers to operate right now, government agencies would have difficulties managing the aviation industry, said Minister of Transport Ho Nghia Dung. Dung said that Vietnam’s policy is to encourage investors in all economic sectors to make investment in the aviation industry. However, Dung said that Vietnam needs to have [...]

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Unskilled foreign workers not permitted to work in Vietnam

April 21, 2009
Unskilled foreign workers not permitted to work in Vietnam

Mr. Nguyen Thanh Hoa.LookAtVietnam – Deputy Minister of Labour, War Invalids and Social Affairs Nguyen Thanh Hoa has confirmed: Under Vietnamese laws, unskilled foreigners are not licenced to work in Vietnam. Unskilled foreign workers flow into Vietnam However, he accepted that dozens of thousands of unskilled foreign labourers, mainly Asian, are working in the country. He said: “We [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...