Business Focus

Vietnam prepares to ratify WTO trade facilitation agreement

Vietnam prepares to ratify WTO trade facilitation agreement

(VOV) - Vietnam is on track to becoming the first Southeast Asian nation to ratify the landmark Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO). In December 2013, WTO...

Foreign residents start to eye property

Foreign residents start to eye property

Mark Cameron of the UK, who lives and works in Vietnam, believes that he will be able own residential property thanks to the revised Law on Housing, which has removed...

 
Card usage insecure in Vietnam

Card usage insecure in Vietnam

HANOI – ATM cards make up a lion’s share of some 80 million bank cards in Vietnam but the security of these plastics is very low as they use old...

Vietnam, Czech to bolster bilateral trade

Vietnam, Czech to bolster bilateral trade

Vietnamese State President Truong Tan Sang and President of the Czech Republic Milos Zeman on May 11 discussed a host of measures to foster linkages in various sectors, especially bilateral...

 
VN joins EU’s trade control system

VN joins EU’s trade control system

VGP – Viet Nam's National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD), under the Ministry of Agriculture and Rural Development is piloting to grant e-certificates for seafood exports to the EU. The European Commission...

ATM fees may rise after VAT refund denied

ATM fees may rise after VAT refund denied

Users of automated teller machines (ATMs) may have to pay increased fees, according to Phap luat Thanh pho HCM (HCM City Law) newspaper. Previously, banks believed that all input costs related...

 
Vietnam rejects foreign investors’ demand to ease overtime restrictions

Vietnam rejects foreign investors’ demand to ease overtime restrictions

South Korean businesses in Vietnam have asked authorities to increase the maximum number of overtime hours a worker is permitted, but the labor ministry has refused on health grounds. The businesses,...

Vietnam to ease foreign ownership ceiling in banks-govt

Vietnam to ease foreign ownership ceiling in banks-govt

The Vietnamese government is preparing to amend rules to allow foreign investors to own more than 30 percent of a Vietnamese bank, Prime Minister Nguyen Tan Dung was quoted as...

 
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