January 9, 2012
EVN Telecom posted revenues of nearly VND2.43 trillion last year. The transfer of EVN Telecom, a unit of state utility Electricity of Vietnam, to Viettel has started and will be completed by the end of March, news website VnExpress reported. EVN Telecom posted revenues of nearly VND2.43 trillion (US$115.5 million) in 2011, equal to just 62.7 percent of [...]
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December 12, 2011
Vietnam is in the top 10 list of developing countries with the largest overseas remittances Vietnam is set to receive a record US$9 billion in overseas remittances this year, up from more than $8 billion in 2010, a World Bank report says. The estimated figure places Vietnam at number eight in the top 10 list [...]
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July 9, 2011
Factory workers change shifts at the Thang Long Industrial Park outside of Hanoi. The government is seeking approval from the National Assembly to suspend tax collection from those with a monthly income of less than VND9 million (US$440). The Ministry of Finance has submitted a proposal on tax breaks that will last through the [...]
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May 15, 2011
A file photo taken at a tax office in Vietnam Enterprises need to refrain from tax avoidance practices and it is time for them to stop prioritizing profits over social responsibilities, the Ho Chi Minh City tax authority has said. Nguyen Trong Hanh, deputy director of the city’s tax department, told a gathering of mostly [...]
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January 8, 2011
A customer fills out a money transfer form at a Western Union outlet in Ho Chi Minh City. Overseas remittances to Vietnam reached a record high of more than US$8 billion last year, an unexpected increase of 25.6 percent over 2009. In December alone, the inflow was $770 million, according to the central bank’s foreign [...]
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January 18, 2010
VietNamNet Bridge – Four curriculums of Vietnam’s universities have been recognized by AUN as meeting ASEAN standards. According to Dr Vu Thi Phuong Anh, Director of the Centre for Educational Testing and Quality Assessment under HCM City National University, the external assessment delegation of AUN carried out its first assessment in Vietnam in December 2009 [...]
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January 11, 2010
LookAtVietnam – Multi-billion dollar foreign-invested power projects are anticipated to be a shining light in Vietnam’s 2010 foreign direct investment picture. LookAtVietnam – Multi-billion dollar foreign-invested power projects are anticipated to be a shining light in Vietnam’s 2010 foreign direct investment picture. According to the Ministry of Planning and Investment’s (MPI) Foreign Investment Agency (FIA), [...]
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November 13, 2009
LookAtVietnam – Vocational schools complain they cannot enroll enough students while urging the Government to adjust current policies to make vocational education more attractive. In 2009, the An Giang Vocational College was allocated a quota to enroll up to 3,500 students including both the college training level (3-year training) and intermediate range (2-year training). However, [...]
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October 19, 2009
A new capital gains tax effective late last month has hit the Ho Chi Minh City property market hard, with many realtors reporting sharp declines in transactions. Nguyen Thanh Dat, director of Hung Hung Thinh Real Eastate Company, said the firm is selling about 1,000 land lots and 500 apartments at 100 residential projects in [...]
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October 16, 2009
Nguyen Trong Hy was reelected as president of the Vietnam Football Federation Nguyen Trong Hy was reelected as president of the Vietnam Football Federation at the bodyâs sixth-term meeting on Thursday as a sports official said the organization needed better player transfer procedures. Hy has sought the spot unopposed by any other nominations. Hy won [...]
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