New guidelines on enterprise registration
As of December 1, 2015, the Ministry of Planning and Investment issued Circular 20/2015/TT-BKHDT (Circular 20) guiding Decree 78/2015/ND-CP on enterprise registration. Question: What are new regulations on enterprise registration? Answer: Circular 20 consists of the following new regulations: Issuing new forms for enterprise registration Circular 20 issued 88 new forms applied to enterprises, household […]
Not collect charges for film appraisal serving for political tasks
On September 15, 2014, the Ministry of Finance issued the Circular No. 136/2014/TT-BTC amending and supplementing some articles of the Circular No. 122/2013/TT-BTC dated August 28, 2013 of the Ministry of Finance, decides that Not collect charges for appraisal of art performance programs (programs, plays) serving for political tasks and films in the foreign film […]
Vietnam’s FPT reaches nearly 20000 employees
Vietnamese conglomerate FPT reports it currently has 19.952 employees. Of these, 12,532 are male employees, equivalent to 62.8 percent of the company’s total staff. The remaining 7,420 female employees account for 37.2 percent of FPT’s staff. By member company, FPT Software has 6,149 employees, while FPT Telecom has a 4,531-member staff. FPT Retail ranks third […]
Vingroup buys supermarket chain from OceanMart
Vingroup Joint Stock Company announced Friday that it has bought a 70 percent stake in the Ocean Retail company and will officially change the name of its supermarket chain from OceanMart to VinMart. As a result of the move, Vingroup now owns 13 commercial centers and supermarkets previously known as OceanMart. Le Khac Hiep, deputy […]
Five Vietnam retailers among top 500 Asia
Retail Asia Publishing and Eurominitor International (Asia) have ranked 500 best retailers in Asia Pacific region. Notably, the statistics on sales of Saigon Co.opmart made a surprise when it is equivalent to both BigC and Nguyen Kim. Vietnam has five retailers in the list including Saigon Co.opmart ($1.1 billion revenue), BigC ($534 million), Saigon Jewellery […]
Funds highlight conditions to invest in startup projects
Investment funds at a seminar in HCM City on Tuesday highlighted criteria they often consider when making decisions to invest in business startups, especially experiences of founders, organisational structures, and market segments for products. According to Than Trong Phuc, managing director of DFJ VinaCapital, funds also look at the workforce of such young enterprises and […]
Hanoi sees office rental price in Ba Dinh and Dong Da soar
In Q3/2014, Hanoi recorded a new Grade A office building being put into operation which is Lotte Centre, Hanoi in Ba Dinh district, providing over 36,000 square metre office area to the market. Overall, the average asking rents continued to fall slightly, reaching $21.7 per square metre per month. The average asking price for Grade […]