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Tag Archives: Report

Vietnam demands $159 million tax on Big C deal: report

More than a month after France’s Casino Group completed the US$ 1.04 billion sale of supermarket chain Big C Vietnam to Thailand’s Central Group, the Vietnamese tax authority has reportedly grown impatient with the late tax payment on the record deal. In a recent letter to the companies, the General ...

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Taiwan’s Formosa delays plant opening in Vietnam: report

Formosa Plastics Group has decided to postpone the launch of its steel mill in Vietnam with no new opening schedule, Taipei Times reported Thursday. The newspaper quoted Formosa Ha Tinh Steel Corp’s Vice President Chang Fu-ning as saying that the No. 1 furnace of the steel complex, which is located ...

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Bangkok Bank targets 18 percent growth in Vietnam: report

Bangkok Bank, Thailand’s largest lender by assets, has more than tripled its registered capital in Vietnam as it targets an ambitious loan growth of 18 percent this year. Tharabodee Serng-Adichaiwit, general manager of the Vietnam branch, said in a Bangkok Post report that the bank is positive Vietnam’s economic growth ...

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Vietnam may remove cap on baby formula prices: report

Vietnam will possibly remove a price cap imposed on baby formula products two years ago in response to requests from foreign investors. At a meeting with the US Trade Representative Michael Froman on Tuesday, Finance Minister Dinh Tien Dung said the government will consider lifting the ceiling this July, the finance ...

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