Vietnam Investment news, Investing to Vietnam » Local

Vietnam to offer tax refunds for tourists

hoang — Sun, 29 Jan 2012 10:55:22 +0000

The government has decided to pilot a value-added-tax refund scheme for foreign visitors in July in an attempt to boost sales of local products.

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Vietnam to offer tax refunds for tourists

Vietnam allows gold imports of 2.1 tons

tri — Sun, 15 Jan 2012 14:42:30 +0000

The State Bank of Vietnam has allowed more than 10 companies to import a total 2.1 tons of gold for jewelry production, local media reported Friday.

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Vietnam allows gold imports of 2.1 tons

Chinese dealers fined for buying Vietnam’s seafood illegally

admin — Fri, 06 Jan 2012 14:08:06 +0000

Two Chinese dealers have been fined in central Vietnam for buying local seafood without permits.

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Chinese dealers fined for buying Vietnam’s seafood illegally

Vietnam licenses newly merged bank

hoang — Wed, 28 Dec 2011 11:16:25 +0000

The State Bank of Vietnam has licensed the Saigon Joint Stock Commercial Bank, which is formed by the merger of three local banks, to open on January 1.

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Vietnam licenses newly merged bank

IFC supports Vietnam bank as liquidity tightens

hoang — Mon, 26 Dec 2011 10:10:34 +0000

IFC, the World Bank’s private sector lending arm, has expanded a finance line for Vietnam International Bank (VIB) that would allow the lender to help local companies increase trade, generate foreign exchange and create jobs.

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IFC supports Vietnam bank as liquidity tightens

Court orders Indochina Airlines chief to personally repay bank debt

admin — Sat, 17 Dec 2011 13:20:41 +0000

The Supreme People’s Court ruled Tuesday (December 13) that the owner and general director of Vietnam’s first private airline to run flights, now grounded, has to personally repay a US$1.3 million debt the carrier owes a local bank.

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Court orders Indochina Airlines chief to personally repay bank debt

Shareholders approve merger of three Vietnamese banks

admin — Fri, 16 Dec 2011 14:49:25 +0000

Around 90 percent of shareholders at three local banks, Vietnam Tin Nghia, Ficombank and Saigon Commercial Bank, have voted in favor of the merger of the three.

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Shareholders approve merger of three Vietnamese banks

Vulture funds circle Vietnam’s property market

admin — Thu, 15 Dec 2011 20:02:18 +0000

Vietnam’s once-frenzied property market has ground to a halt, leaving local developers limping and international investors salivating at the chance of snapping up distressed deals.

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Vulture funds circle Vietnam’s property market

Vietnam’s PVI Holdings sees 2012 gross profit up 55.6 pct: report

hoang — Thu, 15 Dec 2011 16:14:59 +0000

Vietnam’s PVI Holdings has projected its gross profit next year will jump 55.6 percent from 2011 to VND700 billion ($33.3 million), a local newspaper reported on Wednesday.

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Vietnam’s PVI Holdings sees 2012 gross profit up 55.6 pct: report

Vietnam auto companies to face tough race against imports: official

admin — Tue, 22 Nov 2011 16:24:48 +0000

Falling import tariffs on cars will give local automakers a tough time in the next few years, and some may have to quit the business, said Le Duong Quang, deputy minister of trade and industry.

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Vietnam auto companies to face tough race against imports: official