National
Businesses To Decide Their Own Petrol Retail Prices
“The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and ensuring petroleum supply for domestic consumption. At the same time, it reduces the State’s intervention in the oil and petroleum business activities of the enterprises. Chinh emphasized four main contents in the draft including oil and petrol […]
Prime Minister At Forum To Discuss Industrial Transformation Goals
“HCM City needs to focus on transforming its industries towards digitalization and sustainability, experts told the 5th HCM City Economic Forum that opened on Wednesday. With the theme “Industrial Transformation – a New Driving Force for HCM City’s Sustainable Development,” the forum discussed topics such as global industrial transformation trends, the direction for HCM City’s […]
Multiple Benefits Of Free Trade Zone Development
Free trade zones (FTZs) act as vital hubs for cross-border trade, optimizing supply chains, and fostering international cooperation. What other benefits can this model bring? A strategic approach Danang City recently proposed a sea reclamation project to create additional space for a 2,317-hectare free trade zone. This includes approximately 300 hectares reclaimed from the sea. […]
Developing A High-Quality Workforce In The New Era
“Development goals can only be realised when the workforce meets development requirements and effectively applies scientific and technological advances associated with digital transformation. Lâm Thị Kho, an expert of the Regional Political Academy Region 4 under the Hồ Chí Minh National Academy of Politics, said that developing human resources in the Mekong Delta was part […]
Unlocking Carbon Credit Market With Legal Reforms
“Việt Nam holds significant potential for generating carbon credit, but implementation has been hindered by the shortage of clear regulations, especially concerning payment levels and the cost associated with emissions measurement, reporting, verification and dispute resolution. This highlights the pressing need for a well-defined legal framework to guide forest carbon projects and the issuance of […]
Fire Prevention Laws Need Clearer Regulations
“Permanent Deputy Chairman of the National Assembly Trần Thanh Mẫn has asked the drafting agency to thoroughly evaluate and review the scope of fire search and rescue operations, along with fire prevention and firefighting measures, to make clear who needs to take responsibility for coordinating, commanding and supporting in any emergency situation. Mẫn requested the […]
Firms Call For Stricter Actions To Speed Up VAT Refunds
“Businesses are urging the government to adopt more stringent measures to expedite value-added tax (VAT) refunds due to prolonged delays in invoice verification and compliance challenges. Speaking at the Tax Dialogue 2024 held last Friday, Nguyễn Thanh Phương, deputy general director of Fococev Vietnam, said the company has been awaiting a total VAT refund amounting […]
Hurdles Faced Over One Million Social Housing Plan
“A severe shortfall in the construction of social housing has underscored the urgent need for robust policies to stimulate business involvement and expedite land allocation for housing projects. Thus far, only about 21,000 social housing units have been completed nationwide, a figure that falls significantly short of the Government’s target of 130,000 units. Achieving this […]
China Leader’s State Visit Holds Historical Significance
“The state visit to Việt Nam by Party General Secretary and President of China Xi Jinping from April 14 to 15 carried historical significance and was a great success, according to Standing Deputy Minister of Foreign Affairs Nguyễn Minh Vũ.”-Việt Nam News Source: China Leader’s State Visit Holds Historical Significance