City eyes private investment in traffic infrastructure

HCM CITY — The HCM City Department of Transport has called on the private sector to invest in roads and bridges to ease the terrible congestion on the roads.

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The Law on Personal Income Tax (PIT) was drawn up by the Government in 2005 to replace the Ordinance on High Income Earners. It

HA NOI – The State Capital Investment Corp (SCIC) is looking to divest 281 enterprises and to sell the entire State stake in 170 local enterprises, corporation general director Lai Van Dao told a...

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Ministry considers changes to personal income tax

HA NOI — The Ministry of Finance is collecting public opinion on the rates of personal income taxes so that they can be adjusted to suit the current economic situation. The survey will be completed by the end of March.

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Wood industry urged to target local market

HA NOI — A wood export revenue target for 2011 of around US$4 billion is quite achievable, however, exporters are being advised to focus more on growing domestic demand in order to avoid the risk of rising input...

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China's GDP Growth Slows, But Remains Robust

China's economic growth remained strong in the third quarter, though the pace slowed from earlier this year. The government's primary concern - inflation - edged slightly higher, suggesting the world's second-largest...

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Asia Faces Rising Death Toll From Heavy Rains

Across Southeast Asia and southern China the damage from monsoon rains continues to rise. China's southern coast is bracing for powerful winds from a typhoon, while the Thai capital Bangkok prepares for weekend floods....

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SCG plans showrooms to boost sales of building materials

BANGKOK – Thailand-based SCG Group will open more showrooms in Vietnam in an effort to bolster sales of its construction materials and products, including tiles and sanitary wares, an executive said.

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Investors need transparent business environment

Alain Cany, chairman of the European Chamber of Commerce in Vietnam, has called for a more transparent business environment to attract investors. Vietnam is trying to improve the climate through an administrative reform...

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Vietnam Airlines passengers injured on Paris flight

A Vietnam Airlines flight to Paris lurched violently in flight on Wednesday, causing 24 of those on board to suffer injuries ranging from bruises to broken bones, French authorities said.

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Domestic investment doubles FDI in HCM City

HA NOI – Domestic investment in the HCM City Export Processing and Industrial Zone (Hepza) was twice that of Foreign Direct Investment (FDI) in the first seven months of the year, reports the zone's management...

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ASEAN senior economics officials meet in Da Nang

The ASEAN Senior Economic Officials Meeting (SEOM) opened in the central coastal city of Da Nang on August 23 under the chairmanship of deputy head of the Vietnamese Ministry of Industry and Trade’s Multilateral Trade...

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Vietnam, China boost trade cooperation

Industry and Trade Minister Vu Huy Hoang held talks with his Chinese counterpart Chen Deming in Hanoi on August 23 on bilateral cooperation in economics and trade, as well as at regional and multilateral forums.

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