Circular on naming names sparks debate

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VietNam News English 3 day(s) ago

Circular on naming names sparks debate

A circular banning businesses from using Vietnamese celebrities' names or places associated with colonisation has caused concern among the thousands of companies named after famous people or places.

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In Vietnam, paperwork deprives teachers of teaching time

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Báo Tuổi Trẻ English 4 day(s) ago

Teachers at elementary, middle, and high schools in Vietnam are now so overwhelmed by paperwork that many complain they have no time to improve their teaching skills or help their students make progress.

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Tourism in ethnic minority regions prioritized

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Báo điện tử CP English 1 week(s) ago

Tourism in ethnic minority regions prioritized

VGP - Preferential policies to develop tourism in ethnic minority regions will come into effect from November 25, according to a circular newly issued by the Ministry of Culture, Sports and Tourism.

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Prohibition on businesses using names of famous Vietnamese people meets opposition

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Báo Tuổi Trẻ English 1 week(s) ago

Prohibition on businesses using names of famous Vietnamese people meets opposition

A recently released circular banning local firms from using the names of famous Vietnamese people for their business from the date it takes effect, which is expected to be late next month, has been met with protest from the local business community.

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Fertiliser manufacturers face increased scrutiny

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VietNam News English 1 week(s) ago

Fertiliser manufacturers must meet 14 criteria in order to get permission to operate, said Nguyen Van Thanh, director of the Department of Chemicals under the Ministry of Industry and Trade.

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New circular guides registration of foreign loans

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Báo Đầu Tư English 1 week(s) ago

New circular guides registration of foreign loans

The State Bank of Viet Nam (SBV) issued Circular 25/2014/TT-NHNN on 15 September 2014 containing guidelines for registering foreign loans that are not guaranteed by the Government (hereinafter referred to as foreign loans) as well as changes made to them. The Circular applies to residents that are enterprises, co-operatives, co-operative alliances and credit institutions other than State owned commercial banks, and foreign bank branches established and operating in Viet Nam as borrowers ("Borrower"), and organisations and individuals involved in the...

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Issuers of securities to invest 5 percent of profits in risk fund

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VietnamPlus English 1 week(s) ago 1 duplicate news

From the 2014 fiscal year onwards, securities companies and fund management firms will have to set aside 5 percent of their profits for the financial reserve and professional risk fund once previous losses are covered and corporate income deductions have been made in accordance with the Law on Corporate Income Tax.

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New circular guides registration of foreign loans

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VietNam News English 1 week(s) ago

The State Bank of Viet Nam (SBV) issued Circular 25/2014/TT-NHNN on 15 September 2014 containing guidelines for registering foreign loans that are not guaranteed by the Government (hereinafter referred to as foreign loans) as well as changes made to them.

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Finance Ministry supports businesses in customs procedures

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VietnamPlus English 1 week(s) ago 1 duplicate news

Finance Ministry supports businesses in customs procedures

The Finance Ministry issued a guiding document for customs officials on dealing with the current challenges in customs procedures stipulated in Circular No.128/2013/TT-BTC and Circular No.22/2014/TT-BTC in an effort to support import-export businesses.

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Two Samsung projects granted customs priority

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VietNam News English 1 week(s) ago 2 duplicate news

The Prime Minister has approved a proposal to apply a pre-investment licensing customs priority mechanism to labour- and capital-intensive enterprises, even those still under construction.

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Air-con policy

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VietnamNet English 1 week(s) ago

Air-con policy

VietNamNet Bridge – Public feedbacks seem to have been listened to, experiences have been gained, and lessons have been learned after the first draft circular regulating conditions for food safety in beer production and trading was put forth some time ago. Now comes the second draft, but to the surprise of many, it is quite confusing and disturbing for the public, and it quickly backfires.

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Two FDI enterprises awarded customs priority treatment

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VietnamPlus English 2 week(s) ago

The Prime Minister has recently approved a proposal on considering and applying a pre-investment licensing customs priority mechanism to labor-intensive, capital-intensive enterprises even when they remain under construction.

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SBV proposes to bring more people under home credit package

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SaiGon GP English 2 week(s) ago

SBV proposes to bring more people under home credit package

The State Bank of Vietnam (SBV) has announced a draft circular allowing another three groups of people to access low interest loans from the VND30 trillion (US$1.41 billion) home credit package.

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Tough penalties slapped on spam senders

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VietnamNet English 3 week(s) ago

Tough penalties slapped on spam senders

VietNamNet Bridge – The Ministry of Information and Communications’ Inspectorate has just slapped heavy financial sanctions on three senders of spams with a total fine of VND240 million, and threatened to move on against other violators soon, an official said.

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One-size-fits-all contracts may not resolve disputes

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Báo Đầu Tư English 3 week(s) ago

One-size-fits-all contracts may not resolve disputes

LNT’s Thai Binh Tran and Quang Dao Nguyen look at some of the issues raised by the Ministry of Construction’s Circular 03 which insists on a standardised approach to property contracts between individuals and real estate developers.

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