Retail rents seen most expensive in HCMC

HCMC - Limited supply plus strong demand for retail spaces have driven up rents in HCMC whose retail market has seen rents in prime locations the most expensive compared to other cities in the country, said CB Richard...

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Tax proceedings still a concern for businesses

The World Bank issued its report
Doing Business 2010 last September, ranking the business climate in 183 economies worldwide. This piece looks at why the issue of taxation was one of the weakest areas for Viet...

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Regulation raises costs for rubber exporters

HCM CITY — Rubber exporters are expected to incur higher costs under a new regulation that requires all exporters to present original value-added invoices to customs departments in the country.

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Inflation worries weigh on stock market

HA NOI — When the dust settled on Friday on a week of ups and downs on the HCM City Stock Exchange, the VN-Index had lost 15.48 points, or 2.97 per cent, from the previous week, closing at 505.42.

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Demand drives up retail space cost

Parkson Viet Nam recently opened the country’s largest shopping mall, the 26,000sq.m Parkson Flemington, in HCM City’s District 11.It is the Malaysian retail chain’s fourth outlet in the city and sixth in the...

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Delta industrial parks stand empty

Many cities and provinces in the Mekong River Delta have raced to set up industrial clusters without carefully considering their effectiveness, wasting several thousand ha of farmland and jeopardising residents’...

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House and land tax law under scrutiny

Discussion about the draft law on house and land tax was the centre of attention among deputies during the sixth session of the 12th National Assembly (NA) on Saturday, which was chaired by Vice NA Chairman Nguyen Duc...

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Vietnam-Japan trade pact yet to deliver impacts

The much-touted Vietnam-Japan Economic Partnership Agreement that went into effect last month and was meant to cut taxes on 10,000 items on the exchange list between the two countries has so far failed to deliver any...

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HCMC drivers not mice for doomed experiment

Ho Chi Minh City should not rush into installing an electronic toll system downtown. Both the city’s infrastructure and its citizens are simply not ready for it.

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