Corporate taxes remains largest funding source for state budget

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Báo Dân Trí English 1 month(s) ago

Corporate taxes remains largest funding source for state budget

The state budget will mainly rely on contributions from corporate taxes according to a local official.

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Vietnam urges donors to stay supportive to prevent HIV spread

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Báo Thanh Niên English 1 month(s) ago

Vietnam urges donors to stay supportive to prevent HIV spread

Vietnam is asking international organizations to maintain their support for HIV treatment and prevention in the country to prevent an increase in infections after some success.

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Saigon safari park has new investor after years of delay

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Báo Thanh Niên English 1 month(s) ago

Saigon safari park has new investor after years of delay

After years of delay reportedly due to a lack of funding, Ho Chi Minh City’s safari park project has been handed over to real estate giant Vingroup, also the developer of the country’s first safari park in the southern island of Phu Quoc.

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Vietnam, aspiring startup nation, promises legal and financial support

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Báo Thanh Niên English 1 month(s) ago

The Vietnamese government has approved a project to provide information, legal and financial support for around 2,600 startups over the next 10 years, in a new effort to turn Vietnam into a startup nation.

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CLAS - Expara Vietnam Accelerator Batch 2 kicks-off

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Báo Đầu Tư English 1 month(s) ago

CLAS - Expara Vietnam Accelerator Batch 2 kicks-off

Microsoft Vietnam, Expara and CLAS are launching Batch 2 of its Acceleration and VC Funding Programme in Vietnam, now in two cities: Ho Chi Minh City and Danang City.

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Japan pledges US$2.5 billion ODA for Vietnam

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Báo Dân Trí English 1 month(s) ago

Japan pledges US$2.5 billion ODA for Vietnam

Japan has pledged US$2.5 billion of official development assistance (ODA) funding to support infrastructure modernization and climate change projects in Vietnam as well as human resources, learning and skills development.

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Scientific research papers prove too costly

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Báo Dân Trí English 2 month(s) ago

Scientific research papers prove too costly

The Vietnam Academy of Social Sciences (VASS) has over 2,000 staff including over 700 professors, assistant professors or scientists holding doctoral and other high academic degrees in social sciences. However, despite over VND2 trillion (USD90.6 million) in funding from the state budget, the academy had only 22 scientific articles published in international magazines over the last five years.

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WB funding supports transport, flood control in Vietnam

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SaiGon GP English 2 month(s) ago

The World Bank’s Board of Executive Directors today approved more than US$500 million in support for improvements to road and bridge connections as well as flood control and sanitation conditions in Vietnam.

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Real estate firms lift foreign limits

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Báo Đầu Tư English 2 month(s) ago

Real estate firms lift foreign limits

A range of locally listed firms with real estate interests have both lifted their foreign ownership limit to 60 per cent and purchase shares in order to access foreign funding for the development of their various projects.

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Quang Tri seeks project funding

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Báo Đầu Tư English 2 month(s) ago

Quang Tri seeks project funding

The central province of Quang Tri is calling for domestic and foreign enterprises to invest in 17 projects by 2020, the provincial People's Committee said.

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Vietnam to ease venture capital rules to realize 'startup nation' dream

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Báo Thanh Niên English 2 month(s) ago

Vietnam to ease venture capital rules to realize 'startup nation' dream

The Ministry of Planning and Investment has drafted a new set of rules which seek to make it easier for local and foreign venture capital funds to operate in Vietnam, where startups are in dire need of funding.

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Japan's Mizuho backs Vietnam confectionery firm: report

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Báo Thanh Niên English 2 month(s) ago

Pham Nguyen Foods, a known producer of choco pies and crackers in Vietnam, has received US$9.3 million from Mizuho Asia Partners Ltd., a wholly-owned subsidiary of Japan's Mizuho Financial Group, according to local media.

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Standard Chartered, Goldman Sachs back Vietnam mobile wallet service

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Báo Thanh Niên English 3 month(s) ago

Standard Chartered, Goldman Sachs back Vietnam mobile wallet service

MoMo, Vietnam's first and only mobile wallet service, has raised US$25 million from Standard Chartered Private Equity and $3 million from Goldman Sachs, according to a media report Thursday.

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Petrolimex subjected to millions of USD of fines

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Báo Đầu Tư English 3 month(s) ago

Petrolimex subjected to millions of USD of fines

The Government Inspectorate of Vietnam has proposed that the government fine Petrolimex for VND1.2 trillion ($54 million) and an additional $310,000 for misuse of capital and funding between 2010 and mid-2013, besides a range of other punitive measures.

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Reedie says that Sponsors should help fund fight against doping

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Báo Thanh Niên English 3 month(s) ago

WADA says it needs more funding to help root out cheats and wants sponsors and broadcasters to help foot the bill.

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