Vietnamnet
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The US economic presence in Vietnam has been increasing steadily since the normalization of Vietnam-US relations since the 1990s. Russia, which was once the largest trade partner of Vietnam, has also returned.
Hanoians’ dream of owning cheaper cars after the tax cuts under the ASEAN Free Trade Agreement (FTA) may be dashed as local authorities are considering applying a quota scheme in an effort to restrict the number of cars in circulation.
A spokesperson for Song Da No2 Joint Stock Company (SD2) called up a magazine to grumble that steel prices have skyrocketed, pushing up costs for his company by billions of dong since the prices started to rise.
The state-owned enterprises (SOEs) using foreign loans for production and business fields which bring profits will no longer get a government guarantee for loans.
The Ministry of Finance has completed tax tables on preferential import tariffs to prepare for Vietnam’s commitments in the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).
Two huge merger & acquisition (M&A) deals were made just in the first three months of the year. The foreign direct investment (FDI) flow into the real estate sector exceeded US$2 billion by the end of 2015.
Hang Rai (Rai Cave) is a must-see place in Phan Rang - the land of sun and wind. About 20 km from the city, on the way to Vinh Hy Bay, Rai Cave enchants visitors with its beauty.
The national oil and gas group PetroVietnam has said it does not want to be responsible for the consumption of Nghi Son’s products which cannot meet the Euro 4 emission standard.
Many investors who once intended to start up business with franchise contracts have given up because of the high investment rate.
Vietnamese agencies are considering allowing the import of Chinese poultry meat. The inews has been published on the Ministry of Agriculture and Rural Development’s (MARD) Department of Animal Health’s website.