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Expert talks ways to avoid another Vinalines case

No sooner had the case of Vinashin, the Vietnam Shipbuilding Industry Corporation, whose former chairman was sentenced 20 years in jail in late March, finished than another state-owned enterprise (SOE), this time Vinalines, the Vietnam National Shipp [ … ]
 

Government plans to lower petrol prices

The Ministry of Finance is mulling over a plan to lower retail petrol prices as petroleum traders are making profits of VND1,700 (USD0.08) per litre.

   

Fearful of bankruptcy, auto manufacturers insist on tax, fee reductions

 The car sales dropped dramatically in the first four months of the year, which, according to the Vietnam Automobile Manufacturers’ Association VAMA, should not be blamed on the economi [ … ]

   

Despite negative credit growth, banking profits still rise

The profit rates of many Vietnamese commercial banks, mostly depend on lending activities, still rise despite a negative credit growth rate of 0.66 percent in the first 4 months of this year.

   

Vietnam to miss growth target

While the Vietnamese economy is showing signs of recovery after monetary and fiscal measures taken by the Government to support businesses, this year's targeted GDP of 6-6.5 per cent would b [ … ]

   

Technological development funds beyond firms’ reach

Though having a total registered capital of VND50 billion (US$2.4 million), which insiders say is too low given the demand of 14,000 businesses, the Ho Chi Minh City fund for technological a [ … ]

   

Vinalines wastes money on ineffective ports

Besides the huge los Vinalines has made on a myriad of old, deteriorated vessels as recently reported by Tuoi Tre, the state-run shipping line has also thrown money out of the window with a [ … ]

   

Domestic airlines leave, foreign airlines flock to Vietnam

A lot of foreign airlines have opened new air routes to and from Vietnam.

   

HCM City firms continue to bleed red ink

The trend of companies in HCM City making losses continues, with three-quarters losing in the first quarter, and government policies to support them are not proving very effective.

   

Investors slow to partner State

Ngo Gia Tu Road in Ha Noi's Long Bien District takes on a new lookWhen looking at Decision 71 on regulations for pilot investment under the form of Public-Private Partnerships in Viet Nam, [ … ]

   

Substandard petrol moratorium could prevent vehicle fires

Scientists who took part in research to determine the causes of vehicle fires in HCM City have proposed removing 83 octane petrol (A83) from circulation for safety concerns.

   

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