Conditions for sea transport

Decree No 30/2014/ND-CP (14 April 2014) relates to sea transportation, sea transportation agency services and sea transportation towage services businesses in Viet Nam. It applies to both Vietnamese and foreign organisations and individuals that are engaged in these businesses. Sea transportation business To obtain the five-year licence for offering sea …

Read More »

Tourism sector targets high-income earners

One of the relatively important solutions to developing the Vietnam tourism sector in the current period is to shift its direction, emphasizing a preference for boosting high-spending markets. Government officials made the statement at a press conference held in Hanoi on May 19, stating that a concurrent de-emphasis of lower …

Read More »

Vietnam Airlines to open two new routes to Japan

Vietnam Airlines representatives have met with Japanese government officials at the Vietnamese Embassy in Tokyo seeking authorization to launch two new air routes connecting Vietnam and Tokyo. Speaking at the meeting on May 21, Vietnamese ambassador to Japan Doan Xuan Hung affirmed that the fine Vietnam-Japan relations have laid a …

Read More »

Vietnam helps Laos develop financial sector

Vietnam will do its best to help Laos develop its financial, monetary and customs sectors, Deputy Prime Minister Vu Van Ninh has said. At his Hanoi reception for visiting Lao Finance Minister Liane Thykeo on May 15, Deputy PM Ninh confirmed the dispatch of financial and economic experts to Laos …

Read More »

FTA with EU would boost exports

The Vietnam-EU Free Trade Agreement is expected to be signed by October will bring “win-win” opportunities of success for both sides’ business communities, delegates told a forum organised in Ho Chi Minh City on May 13. The EU continued to be the most important market for many key exports of …

Read More »

Real estate market to greet new investments

After consecutive years of losses, several real estate firms in HCM City started to show more optimism in the market as the number of transaction is picking up. Savills Vietnam reported that, in the first quarter of 2014, 1,600 apartments were sold, the highest number in the last three years. …

Read More »

Bond yield plunges ceaselessly on capital excess

Interest rates of government bonds issued by the State Treasury have dropped to new lows recently, forcing institutional investors to reduce their purchase volumes. The 2-year bond interest rate dropped to a 5-year low of 5.58 percent per annum on April 28, two days before the long holiday. Injecting money …

Read More »