Government proposes VAT deductions for social housing transactions

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Báo Dân Trí English 18 hour(s) ago

Government proposes VAT deductions for social housing transactions

The government has proposed the National Assembly slash VAT by 50% for social housing transaction contracts in an effort to help warm up the domestic property market.

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Cash-strapped furniture makers cut wood imports

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SaigonTimes English 1 day(s) ago

HCMC – Many companies in the local woodwork industry have halved the volumes of imported wood materials to minimize their inventories and ease pressure of bank loans.

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Government report lifts market

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VietnamPlus English 2 day(s) ago 1 related news

Shares climbed towards the end of the May 20 session on both national stock exchanges amid investor optimism over positive outcomes from the Government report at the National Assembly meeting which opened that morning in Ha Noi.

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BUSINESS IN BRIEF 21/5

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VietnamNet English 2 day(s) ago

Exports to India rise sharply

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Economy remains in a fix

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VOV News English 3 day(s) ago 1 duplicate news 1 related news

Economy remains in a fix

(VOV) - National Assembly Chairman Nguyen Sinh Hung has pointed out weaknesses of the national economy, saying it is not out of the woods yet.

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Vietnam parliament wants to beautify ugly economy with gov't spending cuts

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Báo Thanh Niên English 1 week(s) ago

Vietnam parliament wants to beautify ugly economy with gov't spending cuts

Banks have received more depositors than borrowers, which officials call a serious sign of economic downturn. Photo courtesy of Tuoi Tre

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Property inventories on the rise during first quarter

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VietNam News English 5 day(s) ago

Inventories of apartments nation-wide soared 20 per cent as of March over the figure at the end of last year, reaching more than 33,852 units.

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Change for the gloomier

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SaigonTimes English 6 day(s) ago

Warnings of the worsening economic situation of late have been repeated more than once by observers, experts, and economists, and have largely been played down by authorities who claim the recovery is on track with macroeconomic indicators pointing to stability. Strangely though, now comes the change of attitude.

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Steel industry set to apply new standard

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VietNam News English 7 day(s) ago

Steel industry set to apply new standard

Viet Nam will apply the QCVN07 standard starting in June in order to raise the competitiveness of domestically produced steel and limit the import of low-quality steel products.

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Gov’t proposes top economic solutions

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Báo điện tử CP English 1 week(s) ago 5 related news

Gov’t proposes top economic solutions

VGP – The Government on May 14 put forth two groups of urgent solutions to resolve difficulties for the domestic economy though raising total demand and purchasing power and accelerating commodity consumption.

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Gov’t proposes top economic solutions

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Hanoi Times English 1 week(s) ago

The Hanoitimes - The Government o­n May 14 put forth two groups of urgent solutions to resolve difficulties for the domestic economy though raising total demand and purchasing power and accelerating commodity consumption.

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Lawmakers worry about economic bottlenecks

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VOV News English 1 week(s) ago

Lawmakers worry about economic bottlenecks

(VOV) - National Assembly Standing Committee deputies have warned more difficulties will burden the national economy unless effective policies are introduced.

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City steps up support for struggling firms

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VietNam News English 1 week(s) ago

City steps up support for struggling firms

The municipal administration plans to step up efforts to help local enterprises surmount difficulties and stabilise production and other business activities, a Vietnam Economic Times report said.

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Retail sales rise despite global woes

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Báo Tuổi Trẻ English 5 month(s) ago

Retail sales rise despite global woes

The value of retail sales of goods and services nationwide rose by 16 percent in 2012 to a total of VND2,324 trillion (US$110.7 billion), according to the General Statistics Office (GSO).

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Sugar surplus deals bitter blow to traders

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VietNam News English 1 week(s) ago

Sugar surplus deals bitter blow to traders

The local sugar inventory has snowballed to a record high of over 600,000 tonnes, according to Chairman of Viet Nam Sugar and Sugarcane Association (VSSA) Nguyen Thanh Long.

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