Vietnam Business News
Vietnam Business News |
- Myanmar, a new face in travel expo
- Hydro-electric plants lack safety controls
- Ministry proposes range of tax cuts
- Firms fail to install hacker safeguards
- PeaceSoft, Paypal join hands
- Viettel invests in Peru
- VNPT completes fibre optic system
- Number of 3G subscriptions rises
- Import tax exemption sought for salts used to make drugs
- City succeeds in curbing prices
| Myanmar, a new face in travel expo Posted: 24 Jun 2011 10:49 PM PDT The Ho Chi Minh City 2011 International Travel Exposition will include Myanmar in its regional tour link, together with the old faces of Vietnam, Cambodia and Laos, organisers said. La Quoc Khanh, Deputy Director of the municipal Department of Culture, Sports and Tourism, said on June 24 that this year's event was themed "Four nations [...]
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| Hydro-electric plants lack safety controls Posted: 24 Jun 2011 10:49 PM PDT Small hydroelectric plants play an important role in devel-oping the socio-economy at a local level, but they are also a danger to residents. On Tuesday last week, a water pipe at the Dam Bol Hydroelectric Plant construction site in Lam Dong Province burst, killing two people and seriously injuring three others. The subsequent flooding also [...]
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| Ministry proposes range of tax cuts Posted: 24 Jun 2011 10:47 PM PDT The Ministry of Finance has drafted a tax break proposal which includes a range of corporate and personal income tax exemptions and deductions. The tax break proposal targets creating incentives for enterprises to develop their business and provide financial support to their employees. If approved, the draft would extend the 2011 tax payment by one [...]
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| Firms fail to install hacker safeguards Posted: 24 Jun 2011 10:47 PM PDT Though hacker attacks have increased at an alarming rate in recent times, few Vietnamese businesses have invested adequately in safeguarding corporate information, industry insiders lament. More than 200 websites have been hacked just this month, 51 with the domain name.gov. Nguyen Minh Duc, director of the Ha Noi-based BKAV Corporation’s Internet Security Division, said the [...]
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| Posted: 24 Jun 2011 10:46 PM PDT PeaceSoft Solutions Corporation’s e-wallet www.nganluong.vn is co-operating with international online payment system www.paypal.com to support Vietnamese online businesses in widening their e-commerce market. Domestic online shopping websites will promptly have the ability to integrate Paypal’s payment functions to approach around 98 million accounts in 190 markets worldwide. Vietnamese firms will be able to open Paypal [...]
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| Posted: 24 Jun 2011 10:45 PM PDT The Vietnamese military-run Telecommunications Group Viettel has established Viettel Peru S.A.C Company in the Peruvian capital of Lima. The company was licensed to offer telecommunications services throughout Peru including mobile, internet and wireless services. The operator said it conducted a survey of 1,500 locations in Peru to prepare for network development. This is Viettel’s fifth [...]
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| VNPT completes fibre optic system Posted: 24 Jun 2011 10:44 PM PDT The Viet Nam Post and Telecommunications Group’s HCM City branch launched a fibre optic cable system on Thursday to offer multiple telecommunications services to the city 's Can Gio island district. District residents have caught up with other areas and now have access to all telecommunications services through fibre optic cables including Fiber VNN, MetroNET, [...]
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| Number of 3G subscriptions rises Posted: 24 Jun 2011 10:43 PM PDT The country’s three largest mobile service providers, VinaPhone, MobiFone and Viettel, confirmed they had a growing number of 3G subscribers after nearly two years of providing the service. Ngo Dien Hy, director of VinaPhone’s centre for value-added services, said the number of 3G subscribers had grown rapidly in the last six months. Vinaphone reports that [...]
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| Import tax exemption sought for salts used to make drugs Posted: 24 Jun 2011 10:42 PM PDT The Ministry of Health has asked the Ministry of Finance to make domestic pharmaceutical producers exempt from import tax on salt used for drug production. The salt used for drug production is currently subject to a 50 per cent import tax because it is not included in the import quota approved by the Ministry of [...]
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| City succeeds in curbing prices Posted: 24 Jun 2011 10:41 PM PDT The city’s efforts to stabilise the prices of four essential groups – food and foodstuff, school supplies, milk power and medicines – have been successful so far, said Le Ngoc Dao, deputy director of the Department of Industry and Trade. Speaking at a meeting held on Thursday to review results of the price stabilisation programme [...]
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