Friday, March 21, 2014

The Business Times: New circular regulating e-customs procedures to imports and exports

The Business Times: New circular regulating e-customs procedures to imports and exports

Link to Vietnam Business News

New circular regulating e-customs procedures to imports and exports

Posted: 20 Mar 2014 09:31 PM PDT

The Ministry of Finance has issued a circular regulating e-customs procedures to commercial imports and exports, which comes into effect on April 1, reported the Government news portal. Accordingly, the procedures are applied to imports and exports in accordance with contracts of sale and to realise processing contracts with foreign traders. Those, which are imported […]

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Vietnam ready to facilitate Swedish investment

Posted: 20 Mar 2014 09:27 PM PDT

Deputy Prime Minister Vu Van Ninh has affirmed the Vietnamese Government's readiness to offer the best possible conditions for Swedish businesses to run long-term investment in the country. At a March 19 reception for Swedish Secretary of Foreign Affairs Frank Belfrage in Hanoi, Ninh called on Sweden to further support Vietnam in enhancing its all-round […]

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Int’l seminar to discuss economic reform

Posted: 20 Mar 2014 09:26 PM PDT

Hanoi is set to host an international seminar on economic reform for comprehensive and sustainable growth from March 24-25. High on the agenda will be discussions on sustainable socio-economic development and current global trends on comprehensive and sustainable growth. Participants, including famous experts and scholars, will share experience and policy proposals with Vietnam concerning comprehensive […]

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Seminar seeks ways to build special economic zones

Posted: 20 Mar 2014 09:18 PM PDT

Domestic and foreign economists exchanged experience in developing special economic zones at a seminar in the northern province of Quang Ninh on March 20. Speaking at the event, Vice Chairwoman of the National Assembly Nguyen Thi Kim Ngan said the Party and State of Vietnam are carrying out economic restructuring and renovating its growth model […]

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Low-income buyers can mortgage new homes

Posted: 20 Mar 2014 09:14 PM PDT

Low-income buyers will be allowed to mortgage their new houses or apartments to access loans from the VND30 trillion (US$1.3 billion) housing stimulus package. This was announced in a joint-circular by the Ministry of Construction, the State Bank of Viet Nam and the Ministry of Justice. The move is expected to help low-income groups and […]

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Quang Trung Software City to be multiplied in provinces

Posted: 20 Mar 2014 09:13 PM PDT

The HCMC government has plans to develop the Quang Trung Software City (QTSC) into a chain, located not only in the city but in other provinces as well, said HCMC Vice Chairman Le Manh Ha. However, a second QTSC will be built soon in the city, and Quang Trung Software City Development Co. Ltd. is […]

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Real estate prices fall 30%: MoC

Posted: 20 Mar 2014 09:12 PM PDT

Prices of real estate were estimated to have dropped from 10% to 30% in 2013, versus 2011, tuoitre.vn reported, citing data from the Ministry of Construction (MoC). The price decreases fall into most of the real estate market segments, especially in land plots, villas and luxury, large apartments. This is the information reported in the […]

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Vietnamese market to soon have first domestic ETF

Posted: 20 Mar 2014 09:10 PM PDT

Vietnam Fund Management Company (VFM) has proposed to the State Securities Commission to open an exchange-traded fund (ETF). If the proposal is approved, it will be the first domestic fund in the Vietnamese market. Speaking at an investment conference during the Vietnam Access Day 2014, which was held in HCM City this week, Deputy General […]

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Shares end mixed yesterday

Posted: 20 Mar 2014 09:03 PM PDT

Profit booking intensified during yesterday’s trading, dragging shares on the HCM City Exchange down. However, shares on Ha Noi Exchange managed to close slightly up. Yet the capital inflow into the stock market remained at a high level, topping at VND5.3 trillion (US$252.38 million), 15 per cent higher than Wednesday’s total. The VN-Index slid 0.88 […]

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Mar 21, 2014: StoxPlus morning brief

Posted: 20 Mar 2014 09:02 PM PDT

The State Bank of Vietnam (SBV) has announced a number of basic indicators of the credit institution system in January 2014, which showed that the system's operations have not been clearly improved, local newswire Tri Thuc Tre reported. Macro Economy Vietnam's Bonds Record Highest Quarterly Growth in Emerging East Asia Markets: ADB Vietnam's bond market expanded […]

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