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Tag Archives: Vietnam

German companies eye young solar energy market in Vietnam

Representatives of six German companies on Monday began their business trip in Vietnam to explore the potential of the local solar photovoltaic market. The Delegate of German Industry and Commerce in Vietnam, which organized the trip, said the representatives participated in a conference in Ho Chi Minh City to discuss ...

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Uber must pay tax for drivers in Vietnam: finance ministry

The Netherlands-based Uber BV will have to pay taxes owed both by itself and its drivers, the Vietnamese finance ministry has decided. Uber BV issues invoices for rides and handles revenues in Vietnam, but pays no taxes. According to the decision, the taxi hailing company will have to authorize its ...

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Japan pledges $106 mln aids for Vietnam

Japan has pledged ODA loans worth 11 billion yen (US$ 106 million) to Vietnam to fund its socio-economic development. An agreement to the effect was signed Tuesday by Deputy Minister of Planning and Investment Nguyen Van Trung and Japan’s ambassador to Vietnam, Hiroshi Fukada. Trung said the loan would be ...

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Vietnam gov’t to make full divestment from top brewers

The Vietnamese government on Wednesday said it will fully divest from Sabeco and Habeco, the country’s two largest brewers, in the next 18 months. The government will sell its entire 82 percent stake in Habeco, officially known as Hanoi Beer Alcohol Beverage Corp. for around VND9 trillion (US$ 405 million) ...

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Vietnam to auction sugar import quotas for 85,000 tons

The Ministry of Industry and Trade is set to auction import quotas for 85,000 tons of sugar this year following years of lobbying by the Vietnam Sugar and Sugarcane Association. The ministry is accepting applications until September 1 at 54 Hai Ba Trung Street, Hanoi, for the bid to be ...

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Vietnam, S Korea firms partner for $500 mln sports complex

Hanoi Tourist has signed an agreement with South Korean firm Global Consultant Network to build a US$ 500 million sports complex that will include a horse racetrack, the media reported. The project in the capital city will also have a golf course, entertainment venues, a shopping mall and hotels. A ...

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Vietnam may allow football betting … with $45 daily limit

The finance ministry is seeking the government’s approval to legalize sports betting under a plan that has however been slammed by critics for keeping the maximum stake too low. Nguyen Hoang Hai, deputy chair of the Vietnam Association of Financial Investors, said he is disappointed the ministry has stuck to ...

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Vietnam raises pump prices on global hikes

Vietnamese fuel traders on Friday increased retail gasoline prices by 5-7 percent, following the global upward trend. The popular grade RON 92 is now sold at VND15,370 (69 US cents) per liter, up 4.6 percent. E5, a greener alternative, went up 6.8 percent to VND15,220 (68 cents), while diesel rose ...

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