The Prime Minister has approved the plan to equitise the Vietnam National Seaproducts Corporation (Seaprodex).

The Ministry of Culture, Sports and Tourism has proposed the Government halve value-added tax (VAT) and exempt or cut corporate income tax by 50% for enterprises joining a planned tourism promotion programme in the last three months of this year and throughout next year, the Saigon Times Daily reported.

German enterprises are showing an increased interest in the Vietnamese market, proven by their decision to host the Asian-Pacific Conference of German Businesses (APK) in Vietnam this November.

Mergers and acquisitions (M&A) within the Vietnamese banking industry have contributed to the sector's restructuring in recent years, but experts are suggesting that big banks get involved in the process.

(VOV) - TAL Group, one of the world’s biggest producers of menswear, is turning to the Vietnamese market due to rising labour cost in China.

(VOV) - In a move certain to unleash fierce competition in the nation’s retail market, Vietnam will fully open it to foreign retailers as of January 2015, in line with World Trade Organisation (WTO) commitments.

(VOV) -The Foreign Trade Association of Peru (ComexPeru) hopes to clinch a trade and investment deal with Vietnam in the near future.

Vietnam has exported more than 139 tonnes of rice during the first two weeks of October, bringing the total rice export volume so far this year to 4.9 million tonnes, generating more than US$2.1 billion in value, according to the Vietnam Food Association (VFA).

Minister of Transport Dinh La Thang and Finnish Minister of Economic Affairs Jan Vapaavuori signed a bilateral agreement on air transport between the two countries on October 20 in Hanoi. 

(VOV) -“State budget overspending accounts for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011”, affirmed Prime Minister Nguyen Tan Dung.

(VOV) -China is the leading fruit importer of Vietnam with an import value of US$321.4 million in the first nine months of 2014, rising by 37.7% from a year earlier and accounting for one third of the country’s total figure.

(VOV) - Vietnam is quietly fixing itself. After years of credit-intensive growth, with most capital channelled into the inefficient state-owned sector, the country is taking a breather and focusing on a more sustainable growth strategy – exports.

(VOV) - A Russian delegation comprising representatives of 10 hi-tech businesses are paying a six-day visit to Vietnam to seek cooperative opportunities.

(VOV) - Sixteen Vietnamese small and medium sized business enterprises (SMEs) are marking their presence at the 50thSIAL Paris, the banner food event of France, being held on October 19-23 in Paris.

Casinos are to be open to Vietnamese citizens aged 21 and above who meet certain background and financial criteria, according to the amendments to the draft decree on casinos that are currently under consideration. 

Vietnam is considering changing the amended Housing Law, which is under discussion, to make it easier for foreigners and Vietnamese expatriates to buy houses in the country. 

The transport sector has received the largest share of Japan’s official development assistance (ODA) loans to Vietnam over the past more than 20 years. 

(VOV) - Vietnamese garment and textile exports in the nine months leading up to October jumped 18.9% over last year’s corresponding period to US$15.5 billion, buoyed by growth in traditional markets such as the US, EU, Japan and the Republic of Korea (RoK).

(VOV) -The Vietnam Association of Female Entrepreneurs (VAFE) made debut at a congress in Hanoi on October 19, which elected Deputy Minister of Industry and Trade Ho Thi Kim Thoa as the Association’s Chairwoman in the first term, from 2014 to 2019.

(VOV) - Transport Minister Dinh La Thang kick-started the construction of the interchange between Thanh Tri bridge and National Highway No 5 in Hanoi on October 19. 

(VOV) -India’s Directorate General of Anti-Dumping and Allied Duties (DGAD) has decided to lodge an anti-dumping lawsuit against plastics processing machine or injection moulding machines imported from the Philippines, Malaysia and Vietnam.

(VOV) -Confectionery and cereal exports jumped to US$290 million in the eight months leading up to September, significantly higher than last year’s corresponding period, according to the General Department of Vietnam Customs.

Vietnam and Cuba signed the minutes of the 32nd meeting of their Inter-Governmental Committee for Economic, Commercial, Scientific and Technological Cooperation in Havana, Cuba, on October 17.

(VOV) - Japan has not committed US$2 billion in Official Development Assistance (ODA) to construct the Long Thanh airport as there was a misunderstanding at the 17 October online conference, said deputy minister of transport Pham Quy Tieu. 

(VOV) - Vietnam and Macedonia recently signed agreements to alleviate double taxation and tax avoidance by enterprises on transnational trade and investment between the two nations.  

The central province of Thua Thien-Hue revoked the licences for 20 overdue investment projects, Le Dinh Khanh, Deputy Director of the provincial Department of Planning and Investment, announced.

(VOV) -A delegation from the Republic of Korea’s Jeonju city paid a working visit to Bac Ninh province on October 17 with the aim of learning investment environment and seeking business opportunity in the locality.

(VOV) - A forum on the Greater Mekong Subregion (GMS) development was held in Hanoi on October 17, providing a good chance for businesses to seek opportunities to promote economic development in Cambodia, Laos, Myanmar, Thailand, Vietnam and Yunnan and Guangxi provinces (China).

(VOV) -An Giang province has licensed 13 foreign direct investment (FDI) projects with a total registered capital of US$163.8 million since the beginning of the year, more than US$8.6 million of which was disbursed.

Denmark pledged to continue to support Vietnam in developing high quality pig breeding, Danish Ambassador to Vietnam John Nielsen said in a conference in Ho Chi Minh City on October 16.