More than 96% of SOEs slated for equitization have been equitized, but only 8% of the state’s capital has been transferred to the private sector.
Scientists believe that Vietnam should master remote-sensing satellite technology as it will have to buy geostationary telecommunication satellites for dozens of years more.
The property market segment which brings the highest profits is mostly controlled by foreign enterprises.
Some years ago, analysts predicted that modern distribution channels would develop rapidly in Vietnam as income continued to rise.
The land price in old quarters is quoted at nearly VND1 billion per square meter, but few plots are available for sale.
Hundreds of thousands of retail points in Japan are accepting payments in bitcoin for both online and on-the-spot transactions.
In an effort to prevent involved parties from evading tax by inaccurately declaring profits from M&A deals, MOF plans to tax one percent on the transfer price, to be applied to businesses, and one percent on income, to be applied to individuals.
The fourth industrial revolution is expected to be a great opportunity for Vietnamese businesses to make a breakthrough in the online market, estimated to be worth US$9 billion by 2025.
Ministries have had to hold meetings to discuss ways to rescue local farm produce as competition from imports continues to cut into sales.
Phony service providers are invalidating and closing Facebook accounts for VND2-3 million payments. The practice is being used against business rivals or for personal revenge.