Vietnam 

Gov’t agencies blamed for lack of corporate transparency – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem.— Photo vov.vn HÀ NỘI — The slow listing of post-equitisation firms, including State-owned enterprises (SOEs), may make Vietnamese firms less attractive regarding a lack of corporate transparency and government agencies managing those firms must be blamed for the problem. According to the State…

Read More
Vietnam 

VN Gov’t did not intervene in domestic carbon steel prices: Canadian agency – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietnamese Government was found not to have intervened in the domestic prices of the carbon steel welded pipe industry, according to Canada Border Services Agency. – VNA/VNS Photo Viet Nam News During the period of investigation, imports from Việt Nam accounted for 12 per cent of total imports of carbon steel welded pipe. The volume of imported carbon steel welded pipe to Canada grew from 47,657 tonnes in 2015 to 91,739 tonnes during the period of investigation, Canada’s statistics showed. — VNS Source link

Read More
Vietnam 

Gov’t eases conditions for offshore indirect investment – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Securities companies will need to demonstrate three consecutive years of profits to be eligible for an offshore indirect investment licence. — Photo SSI Viet Nam News HÀ NỘI — The Government has issued a new decree to facilitate business conditions for offshore indirect investment, credit information activities and intermediary payment services under the management of the State Bank of Việt Nam (SBV). Under Decree No. 16/2019/NĐ-CP, which will take effect on March 20 this year, securities, fund management and insurance firms will be permitted to register for an…

Read More
Vietnam 

A broader view on Gov’t guarantees required – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News By Võ Trí Thành* For many years, Việt Nam’s Government has been acting as a guarantor for a lot of investment projects. This has increased confidence of both lenders and investors in the implementation and success of the projects. However, experts recently argued that because public debts are rising, private companies should carry out infrastructure projects without Government guarantees. So are the Government’s sovereign guarantees necessary anymore, when the country still needs capital for infrastructure development? It is undeniable that foreign loans have contributed…

Read More
Vietnam 

Gov’t asked to reconsider infected wheat import ban – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — The Government should reconsider its ban on the import of wheat infected with cirsium arvense, a kind of weed, participants told a seminar in HCM City on Monday, warning it would have an adverse impact on businesses. Lý Kim Chi, chairwoman of the HCM City Food and Foodstuff Association, said the association received complaints from many businesses about difficulties they would face because the Plant Protection Department recently issued an official communication saying wheat imported from Russia, the US, Canada, and Australia…

Read More