State utility Electricity of Vietnam will continue to be in the red this year after posting losses of VND10,162 billion (US$483.9 million) in 2010, a government official said Saturday.

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Vietnam power utility faces huge losses this year

Vietnam ’s first television program to promote domestic products was launched Saturday on a new channel run by Ho Chi Minh Television.

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Vietnam launches TV channel on local goods

Indian pharmaceutical companies are striving to further improve their position in Vietnam based on good quality products at comeptitive prices, representatives said at a meeting in Ho Chi Minh City on Saturday.

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Indian pharma businesses hope to improve Vietnam market standing

The lack of regulations on sex toy imports has left Vietnam’s customs officers confused as many such items have recently arrived in the country as gifts and personal luggage, news website VnExpress said Saturday.

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Vietnam customs officers puzzled by sex toys

Honda Vietnam has sent a letter to the Prime Minister, asking for help after local customs agencies in Hanoi planned to ask it to pay over VND3.3 trillion (US$158.4 million) in overdue taxes, Tuoi Tre reported Saturday.

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Honda Vietnam faces over $158 mln overdue tax claim

The Ministry of Information and Communications is finalizing a plan to allow mobile phone users to switch to a different network without having to change their numbers, news website VnExpress reported Saturday.

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Vietnam may allow mobile users to keep number when switching networks

Starting this Saturday, the Ministry of Finance will begin to impose a 10 percent export tax on jewelry that has more than 80 percent gold content, despite objection from gold traders.

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Vietnam restricts gold exports with tax change

Aviation authorities are considering auctioning a Boeing 727 which has been left at the airport in Hanoi for the past four years by a Cambodian airline, VnExpress reported Saturday.

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Vietnam mulls auction of abandoned Boeing

Vietnam’s tra fish farming area has expanded five times over the past ten years, with total output reaching 1.35 million tons, an industry group said Saturday.

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Vietnam tra fish production expands five times over past decade

Vietnam’s Ministry of Finance is considering raising the tax threshold on infrequent income to VND1 million, twice the current level, news website VnExpress reported Saturday.

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Vietnam finance ministry plans to ease income tax rules