Legal News
04 20 2020

With Covid-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Viet Nam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.

04 19 2020

Due to the impact of the COVID-19 pandemic, the Ministry of Industry and Trade (MoIT) proposed the government to maintain the feed-in tariff (FiT) mechanism for wind power until December 2023, and then conduct bids and auctions to select investors for new projects.

04 18 2020

The coronavirus crisis is expected to create mergers and acquisitions opportunities for foreign dealmakers in the coming months as cash-starved Vietnamese companies seek funding to overcome their difficulties.

04 18 2020

The Vietnamese government has been urgently deploying sturdy solutions to assist enterprises and investors, and those hit by the coronavirus pandemic. Dr. Chi Tran, researcher/associate lecturer from the School of Economics and Finance at Queen Mary University of London, delves into the government’s policies in conditions of financial constraints to fight against the health crisis, with a reflection in the case of the United Kingdom.

04 18 2020

Despite going through a quiet period due to the effects of the coronavirus outbreak, investors as well as real estate businesses in Danang and across the central region are striving to remove difficulties to maintain stable operations as well as adapt to a new direction.

04 18 2020

As Vietnam has a fertile consumer finance market, more foreign players are considering joining the bandwagon by tying up with local peers.

04 17 2020

The Ministry of Transport said it did not assign the Civil Aviation Authority of Vietnam to study a protection policy dedicated to Vietnam Airlines, which recently reported a loss of VND20 trillion due to the impact of the COVID-19 pandemic.

04 17 2020

Foreign-invested enterprises in Viet Nam have been maintaining production despite difficulties caused by the COVID-19 outbreak while preparing plans to recover after the pandemic ends.

04 16 2020

In early February, in the minds of most of us, COVID-19 was still a China-specific problem. Yet, the strict lockdown imposed early in China generated rapidly unprecedented chaos in global supply chains. We realised how weak these global networks were, and how much every economy is dependent on China’s manufacturing sector.

04 15 2020

State-owned transport giants Airports Corporation of Vietnam, Vietnam Airlines, Vietnam Railways, and Vietnam Maritime Corporation suffered all-time biggest losses in the first quarter of 2020 due to COVID-19 and are trying in vain to recover, seeking for rapid supporting policies from the government.

04 15 2020

National social distancing measures are dragging CGV and other cineplexes down, causing substantital losses. However, over-the-top services operating online like Netflix have greatly profited from the crisis, especially since they have yet to observe their tax obligations in Vietnam.

04 15 2020

Vietnam’s lending sector appears increasingly susceptible to the boom and bust of the global health crisis, with an uptick in sour loans fanning fears that it would dig into the growth of the whole market.

 

04 15 2020

The Vietnamese stock market has been reviving spectacularly in the first half of April, regaining nearly 100 points after the gloomy March and producing one of the best performances among stock markets around the globe.

04 15 2020

The State Bank of Viet Nam is completing a mobile money pilot project and will submit it to the Government for approval this month, Governor Le Minh Hung has said.

04 14 2020

The health crisis has led to huge demand for capital for Vietnam to fuel domestic production activities and medical treatment. However, questions arise over how the country can positing itself to access more international loans amid its efforts to control public debts.

04 14 2020

The People’s Committee of Ba Ria – Vung Tau Province has urged relevant departments to speed up issuance of ownership certificates for condotels to ensure the healthy development of the segment.

04 14 2020

Decision No.13/2020/QD-TTg issued last week on  encouraging mechanisms for solar power development in Vietnam sets the deadline of December 31 for solar systems of any scale to attain a certificate of delivery and enjoy the feed-in tariff 2 (FiT2) rate, which is considered to be financially attractive. The price of each kilowatt-hour generated from ground-mounted, floating, and rooftop solar initiatives are 7.09, 7.69, and 8.38 US cents, respectively. These numbers have been viral in the investment community since last year and now they are finally confirmed.

04 13 2020

About 700,000 enterprises are expected to enjoy a cut in corporate income tax (CIT) to between 15-17 per cent from July 1 this year, down from the current rate of 20 per cent.

04 13 2020

A national conference between the Prime Minister and enterprises is to be organised soon to identify ways to address the difficulties facing businesses and facilitating their operations amid the COVID-19 outbreak.

04 12 2020

The Green Innovation and Development Centre (GreenID) hosted an online conference in Hanoi on April 11 on the second phase of the feed-in-tariff (FIT 2) and policies for the development of solar power in Vietnam after 2020.



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