The Ministry of Industry and Trade (MoIT) has conducted a review and is making preparations for imposing safeguard duties on steel imports, after 18 domestic steel manufacturers called for assistance.

Trade carried out on Facebook has boomed over the last few years, but the State still has no way of collecting tax on the activities.

National Assembly (NA) committees all want to tax second and subsequent houses  purchased to restrict speculation, but it is still unclear when the tax would be applied.

Minister of Transport Truong Quang Nghia’s view that it is necessary to tighten control over flight licensing to pave the way for development of other modes of transport has raised controversy.

It is estimated that hackers cause losses of VND8 trillion to Vietnam each year.

Commercial banks said the 2015 Civil Code, to take effect on January 1, 2017, stipulates that if asset holders refuse to hand over their assets, which act as collateral for loans, banks will only have the right to sue for assets.

While some experts believe the real estate market will be active in 2017, others think the market will cool down and encounter difficulties.

Kamaz has announced it will continue assembling trucks in Vietnam, a move which may help dislodge Chinese trucks from the Vietnamese market.

Sun Group, Vingroup and the Hanoi Export-Import Company (Geleximco) will provide the finance for Hanoi to prepare a master plan for the Red River renovation project.

ACB, Sacombank and Eximbank, the three most influential banks in the south, like MB and Techcombank in the north, are encountering serious difficulties.