The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.

The southern province of Binh Phuoc announced on November 17 it has approved an investment plan for a US$54 million solar power plant project funded by Indian Tata Power Company.

From December 1 this year Vietnamese who can show a minimum income of VNĐ10 million (US$440) a month can gamble in casinos.

Vietnam is expected to start building a law on public-private partnership (PPP) investment in 2018 to pave the way for future foreign investment inflows.

The public-private-partnership investment model as a solution for Viet Nam’s long-term infrastructure development can only work with all stakeholders fully understanding their roles and the risks involved, experts said at a conference on Thursday.

Latest Savills report notes ongoing interest in large-scale mixed-use projects with a residential component during third quarter.

The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.

Instead of focusing on conducting M&A deals to acquire large-scale Vietnamese enterprises, South Korean enterprises are now eyeing small- and medium-sized enterprises (SMEs) in different sectors to conduct M&A activities in Vietnam. 

Credit cardholders will not be allowed to withdraw cash worth of more than VND5 million for domestic transactions and no more than VND30 million for foreign currency.

The draft Law on Special Administrative, Economic Units needed to be substantially revised to make it feasible and to fully exploit resources for boosting economic development, according to a verification report from the National Assembly (NA) Law Committee.

A series of new policies on wine business, establishment of social support facilities, supervision of securities transactions on the securities market, assessment of language proficiency come into effect in November 2017.

From December 1, 2017, Vietnamese who can show a minimum income of VND10 million (US$440) per month are eligible to gamble at a casino.

Mergers-and-acquisitions in Vietnam in this year’s first nine months has seen continuously strong momentum, with a number of key transactions in commercial and residential sectors.

The Government and the PM issued 14 legal documents, including nine Decrees and five Decisions in September 2017.

The leading renewable energy solutions provider in Vietnam, SolarBK, has just received a licence to develop a 4.4-megawatt peak solar farm in Danang, acting not only as the project owner, but also the first Vietnamese engineering, procurement, and construction firm for a solar project.

It’s time Viet Nam shift its attention to quality and sustainable development and eye industry 4.0 technologies to attract foreign direct investment (FDI), experts said at an online dialogue on FDI promotion strategies organised on Tuesday in Ha Noi.

On 12/6/2017, the National Assembly enacted Law No. 05/2017/QH14 on the management of foreign trade operations.

The National Assembly on June 19, 2017 passed the Law on technology transfer to regulate operations in technology transfer operations in Viet Nam.

A quarter of a century of diplomatic relations between Vietnam and South Korea has yielded substantial progress, especially in investment and trade, said Bui Huy Son, head of the Ministry of Industry and Trade’s Viet Nam Trade Promotion Department (Vietrade).

Energy is one of the sectors in Vietnam receiving significant attention from foreign investors. Mark Edmunds, Asia Pacific Oil and Gas leader and Southeast Asia Energy and Resources head at Deloitte, speaks with VIR’s Hong Quang about the opportunities for foreign investors in this sector.