Business

Finance and Central Bank Deputies of APEC economies meet

 Finance and Central Bank Deputies of APEC economies meet

The APEC Finance and Central Bank Deputies’ Meeting (FCBDM) kicked off in Nha Trang on February 23.

New regulations legalise betting services

New regulations will allow firms to conduct dog and horse race and betting on foreign football matches legally to prevent illegal betting sites and illegal money transferring.

 >>  Sports betting allowed in Vietnam
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Complaints over expensive rice export licences

A discussion about ways to loosen Decree 109 on rice export has been held by the UK-based organisation Oxfam and Vietnam Chamber of Commerce and Industry.

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US firm eyes investment in renewable energy

United States’ ACO Investment Group has expressed interest in implementing renewable energy projects in Vietnam’s southern province of Binh Duong.

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Vinacomin announces financial reports of 2016

Vietnam National Coal and Mineral Industries Group (Vinacomin) has published a report about the coal mining projects and headquarter constructions.

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Two sentenced to death in Vinashinlines embezzlement

The Hanoi People’s Court handed down the death penalty on two former officials at Vinashin Ocean Shipping Company Ltd (Vinashinlines) for embezzlement.

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Tan Son Nhat Airport granted expansion land

The Ministry of National Defence on Tuesday handed over 21 hectares of land to the Ministry of Transport to expand the overloaded Tân Sơn Nhất airport, the largest airport in HCM City.

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Vietnam imports more cars as tariff reduced

Vietnam imported up to 12,000 cars worth a total value of USD237 million between January and the first two weeks of February, according to the General Department of Customs.

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State-owned groups and enterprises have brought back VNĐ6.84 trillion (US$301 million) to the State coffer during their divestment process in 2016, according to the Finance Ministry.

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Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.

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Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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The Ministry of Finance has refused a local company’s proposal to provide tax incentives on the import of 20,000 electric taxis from French car-maker Renault.

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Vietnam's public debt may quickly exceed the ceiling set at 65% of GDP, which will result in the national economy's budget risks, warned a World Bank economist.

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The Hanoi Stock Exchange (HNX) and the Vietnam Securities Depository (VSD) plan to run the first-ever derivatives market by the end of this year, said HNX on March 16.

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