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How high is the petroleum consumption in Vietnam?
The Ministry of Industry and Trade has said that it could not find exact statistics about the annual consumption of petroleum products in Vietnam when it was drafting the program on the crude oil and petroleum product storage system.
2017 to be good year for Vietnam economy: analysts
Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.
Waterways transport potential remains untapped
Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6,500 kilometers of rivers, 126 river ports, 2,300 passenger ports and 4,800 berths.
Ministry imposes safeguard duties on steel imports
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.
Vietnamese shop on Facebook, state cannot collect tax
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 weighing plan to tax second homes
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.
Is Vietnam’s aviation sector becoming too hot?
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.
Experts warn of security vulnerability in partners’ systems
It is estimated that hackers cause losses of VND8 trillion to Vietnam each year.
Banks fear new law may hinder debt collection
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.
How will the real estate market perform in 2017?
While some experts believe the real estate market will be active in 2017, others think the market will cool down and encounter difficulties.