Entrepreneurs regain optimism

Despite many gloomy forecasts for the economy in 2013, local entrepreneurs are no longer pessimistic and are well prepared to cope with any future storm, according to a...

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SOEs restructuring to be accelerated

Restructuring State-owned enterprises (SOEs) with a focus on groups and corporations is a priority of the Vietnamese Government in 2013, with the hope of directing the ...

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More power plants to plug into Vietnam market

An additional 16 power plants will join Vietnam’s competitive energy generation market this year, bringing the total number of such plants to 48.The country launched the market last July in a move t...

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HR firm backs Vietnam’s potential

Careerbuilder, a leading human capital solutions provider headquartered in the US, announced its official entry into Vietnam on February 21.The company said that it see...

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Using “Company” and “Enterprise” for business household`s names is prohibited

This is one of the contents regulated under the Circular No.01/2013/TT-BKHDT dated January 21, 2013 of the Ministry of Planning and Investment guiding the enterprise re...

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Prolong duration of EIT payment and vat 06 months

On February 08, 2013, the Ministry of Finance issued the Circular No. 16/2013/TT-BTC guiding implementation of the extension of time limits, reduction of a number of st...

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Expense for support to settle policy of redundant employees

On January 18, 2013, the Ministry of Finance issued the Circular No. 10/2013/TT-BTC guiding the mechanism of management and use of fund for support of arrangement of en...

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Establising database of national credit information

On January 28, 2013, the State Bank of Vietnam issued the Circular No. 03/2013/TT-NHNN providing on credit information activity of the State bank of Vietnam. One of the...

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Bank must self – implement classification of debts at least each quarter

This is the requirement under the Circular No. 02/2013/TTNHNN dated January 21, 2013 of the State Bank of Vietnam providing on classification of assets, levels and meth...

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Restraining the extension of credit institution network in 2013

This is regulation under the Directive No. 01/CT-NHNN of the State Bank of Vietnam dated January 31, 2013 on organization to implement the monetary policy and assuranac...

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Warrant construction works at least 12 months

This is also the requirement of the Government for construction contractors and suppliers of material used in construction works under the Decree No.

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