Further clarity to new investment laws

International investors are seeking for more positive changes in mergers and acquisitions transactions and market access conditions in the latest draft amendments to the Law on Investment to keep them moving forward with their future ventures.

Proposal to include securities on list of essential services

Banks support enterprises in various forms

Incomplete statistics show that businesses have enjoyed cuts of at least 100 trillion VND to support them amid the COVID 19 pandemic

Publicise and make transparency the legality of condotel projects

VCN –Nguyen Ngoc Thanh (photo), Vice president of Vietnam National Real Estate Association (VNREA) spoke about the difficulties and solutions to remove obstacles for the condotel market.

Millions face job loss as employment market feels COVID-19 effects

Customs actively prevents origin fraud of import and export goods

VCN- Recently, at an interdisciplinary meeting of authorities on anti-fraud origin, many cases were discussed.  

Using only screwdriver to assemble, could Asanzo televisions be labelled Vietnam origin?

VCN – Competent authorities said that Asanzo televisions were simply assembled by a screwdriver, with no manufacturing chains, machines, complex equipment or high technical requirements, while 98 percent of the product value came from imported components. So it was difficult to be considered as originating from Vietnam.

Regulations on working overtime in the revised Labour Code: Enterprises are easy to break the law

VCN - The draft of the Labour Code (amended) will be submitted to the National Assembly at the 8th session (opening on October 21, 2019). Through many comments on the draft, the business community continues to maintain its opinion on the need to revise the Labour Code to better suit the reality of businesses including employment issues, overtime and overtime payment.

Solving difficulties for businesses on specialised inspection

VCN- On October 31, Deputy General Director of General Department of Customs Mai XuanThanh chaired a meeting with legal review groups on management and specialised inspection of imported and exported goods and representatives of ministries. This is an activity within the framework of a workshop on reviewing laws on management and specialised inspection of import and export goods, which is coordinated by the General Department of Customs in coordination with USAID-funded Trade Facilitation Project, held in Ho Chi Minh City from October 29 to October 31.

Disbursement of investment capital: Need initiative

VCN – To ensure the completion of the disbursement progress of investment capital under the 2019 plan, the State Treasury system has actively prompted investors as well as the provincial and municipal State Treasuries to strictly implement this task.

Conversion to electronic invoices

VCN - In implementing Decree 119/2018 / ND-CP on electronic invoices, the entire tax sector is promoting communication and guiding businesses and taxpayers to convert paper invoices into electronic invoices (e-commerce contracts).

Draft revised Labour Code: Enterprises still want to increase working overtime

VCN - On September 18, in Hanoi, the Central Institute for Economic Management held a workshop on "Draft Labour Code: impacts on the economy". At the workshop, it was said that there were many unclear regulations in the draft revised Labour Code, which may become barriers hampering business development.