Tougher laws, stricter verification of criteria needed

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Low-income housing illegally sold to speculators

The proposed law on prices as currently written has raised concerns among business groups about more controls on pricing. In addition, experts complain that the new law is not beneficial to consumers.

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Consumers left out of price law proposal

New Vietnamese rules on imports of cosmetics, alcohol, cell phones and other items amount to non-tariff barriers and may breach the country’s international trade obligations, trade groups, lawyers and diplomats said on Friday.

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Foreign groups, diplomats decry Vietnam import rules

Vietnamese law firm YKVN has been named as Vietnam’s National Law Firm of the Year for 2011 by International Finance Law Review (IFLR), according to the firm.

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YKVN named Vietnam’s law firm of the year for 2011

Toyota Vietnam has informed local authorities of yet another technical flaw in its cars, this time in the popular Camry model.

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Toyota Vietnam admits problem with Camry model

Toyota Vietnam drew broad public criticism after it refused to recall nearly 9,000 cars that it admitted to be fraught with technical flaws.

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Toyota Vietnam technical flaws spark public outrage

A court in Paris has made a decision in favor of the Vietnam Airlines in a long-running lawsuit brought by an Italian lawyer, the national carrier says.

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Vietnam Airlines sees positive sign in ruling on €5.2 million lawsuit

Small companies in Vietnam struggling with limited capital are facing difficulties in securing loans from banks due to the tight monetary policies implemented by the government, lawmakers say.

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Tightened credit hurts small firms: legislators

As the government considers modifying the Law on Personal Income Tax, experts say that it should institute an emergency income tax exemption in the interim.

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Desperate times

Recent price escalations have rendered the Personal Income Tax (PIT) Law obsolete and in urgent need of broad revisions, experts say.

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Personal income taxes fail to match living costs