The Phu Quoc Express Joint Stock Company’s high-speed boats will be run on the route, the first of its kind in Ca Mau.The boat which can transport 300 passengers can help to save much time for the travel between Ca Mau and Kien Giang. At present, people from Ca Mau Province have to travel for nearly 100 kilometres to Phu Quoc Island. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 5
Allowable business investment loss
Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
The police have cracked down on many crypto rings so far. Many investors have been lured through the simple investment procedures and interest rate as high as 90% per month, and have been consequently defrauded for up to hundreds of billion of dong. Some swindlers have even offered an astounding interest rate of 120% per month to attract investors. … [Read more...] about Calling for cryptocurrency investment is illegal: official
Moreover, it is considered imperative to outline a group of solutions aimed at helping small and medium-sized enterprises (SMEs) manage and develop independently whilst avoiding bankruptcy. In particular, major economic groups must assist SMEs towards mutually beneficial co-operation such as assistance in sourcing raw materials, finding markets, trade promotion, and vocational training. … [Read more...] about HCM City set to launch businesses support initiatives
Via this conference, the city will show its determination to take the lead in post-COVID-19 economic recovery and development. The event is also expected to help press on with administrative reforms, business climate improvement and introduction of the potential and investment opportunities in the city and other localities in the Hanoi Capital Region. … [Read more...] about Conference to help foster investment, development cooperation in Hanoi