The Business Times: Lower VAT urged for key exports

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• Lower VAT urged for key exports
• EVN to slash US$98 mln from non-core ops
• Deputy PM urges the spread of ‘smart grid’
• Vietnam January vehicle sales up 23% on year, Association data show
• Vietnam-Japan trade hits 25.6 bln USD
• Vietnam Seafood Festival 2014 – a great chance for businesses
• Tra fish exports to ASEAN surge
• Japan offers 50 pct subsidy for tour ad: Paper
• Southeastern region still attractive to FDI: Report
• More than vnd30 tln corporate bonds expected to be issued in 2014

Lower VAT urged for key exports Posted: 16 Feb 2014 11:51 PM PST Reduction of the value added tax for agro-forestry-fishery products should be made to help producers and exporters cope with low market demand and financial difficulties, recommended the Agro-Forestry Processing and Salt Industry Department. It suggested that a value added tax reduction be applied to sectors whose proportion of exports is more than 80 per cent. […] The post Lower VAT urged for key exports appeared first on Vietnam Business News.

EVN to slash US$98 mln from non-core ops Posted: 16 Feb 2014 11:48 PM PST Electricity of Vietnam (EVN) plans to withdraw capital worth VND2.07 trillion (US$97.64 million) from seven non-core companies by 2015. The withdrawal, part of its master restructuring plan, will ensure that EVN concentrates on its core business of power production and trading to better serve society and the economy. The targeted companies include An Binh Bank […] The post EVN to slash US$98 mln from non-core ops appeared first on Vietnam Business News.

Deputy PM urges the spread of ‘smart grid’ Posted: 16 Feb 2014 11:47 PM PST Deputy Prime Minister Hoang Trung Hai has encouraged the nationwide development of “smart grid” to improve power quality and raise the efficiency of energy. On Thursday, he was briefed by the Ministry of Industry and Trade and Electricity of Viet Nam about the implementation of the road map on developing “smart grid”. Last year, the […] The post Deputy PM urges the spread of 'smart grid’ appeared first on Vietnam Business News.

Vietnam January vehicle sales up 23% on year, Association data show Posted: 16 Feb 2014 11:45 PM PST Vehicle sales in Vietnam rose 23% last month from a year earlier, industry data showed Friday. Sales in January decreased 16.2% compared with December, to 11,066, the Vietnam Automobile Manufacturers” Association said in a statement. The sales data cover locally produced and imported vehicles, including cars, vans, trucks and buses. Toyota led sales with 33,288 […] The post Vietnam January vehicle sales up 23% on year, Association data show appeared first on Vietnam Business News.

Vietnam-Japan trade hits 25.6 bln USD Posted: 16 Feb 2014 11:42 PM PST Two –way trade between Vietnam and Japan was estimated at 25.6 billion USD in 2013, according to the General Department of Vietnam Customs.  Of the amount, Vietnam's commodity exports to Japan reached 13.6 billion USD, a yearly rise of 4 percent, while imports from the market were valued at 11.6 billion USD, a year-on-year increase […] The post Vietnam-Japan trade hits 25.6 bln USD appeared first on Vietnam Business News.

Vietnam Seafood Festival 2014 – a great chance for businesses Posted: 16 Feb 2014 11:40 PM PST The Vietnam Seafood Festival this year will create plenty of opportunity for participants with 12 large-scale events being held in economics, investment, trade and tourism promotion. The information was revealed at a press briefing in Ho Chi Minh City on February 16 by the People's Committee of the central coastal province of Phu Yen, who […] The post Vietnam Seafood Festival 2014 – a great chance for businesses appeared first on Vietnam Business News.

Tra fish exports to ASEAN surge Posted: 16 Feb 2014 11:37 PM PST Vietnam raked in 124.8 million USD from tra fish exports to members of the Association of Southeast Asian Nations (ASEAN) in 2013, representing a year-on-year increase of 13 percent, said Vietnam Association of Seafood Exporters and Producers (VASEP) Singapore topped the list of Vietnamese tra fish importers with 36.7 million USD during the period, up […] The post Tra fish exports to ASEAN surge appeared first on Vietnam Business News.

Japan offers 50 pct subsidy for tour ad: Paper Posted: 16 Feb 2014 11:36 PM PST Some Vietnamese travel firms have received financial supports of up to 50 percent of advertising charges when selling tours to Japan, a move aimed to lure more holiday-makers after visa procedures to the nation have been loosened. Some Vietnamese travel firms have received financial supports of up to 50 percent of advertising charges when selling […] The post Japan offers 50 pct subsidy for tour ad: Paper appeared first on Vietnam Business News.

Southeastern region still attractive to FDI: Report Posted: 16 Feb 2014 11:33 PM PST Vietnam's southeastern region remains an attractive destination for foreign direct investment (FDI) thanks to quality improvement in 2013.  According to the Vietnam Economic News, this shows the confidence of foreign investors in the most dynamic economic region of the country, which includes Ho Chi Minh City and the provinces of Dong Nai, Binh Duong, Ba […] The post Southeastern region still attractive to FDI: Report appeared first on Vietnam Business News.

More than vnd30 tln corporate bonds expected to be issued in 2014 Posted: 16 Feb 2014 11:31 PM PST Finance – Banking Department (Ministry of Finance) forecasts there will be VND30-35 trillion corporate bonds issued to the market in 2014, local newswire Dau tu Chung khoan reported. However, the actual figure will depend on the capital needs of businesses and their ability raise capital through other channels, including shares and bank credit. Finance – […] The post More than vnd30 tln corporate bonds expected to be issued in 2014 appeared first on Vietnam Business News.

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