Bac lieu

The Tokyo-based parent corporation has given their account of the case to the Tokyo District Public Prosecutor’s Office and reportedly taken the initiative to set up a third-party committee to probe the alleged violation, according to Asahi Shimbun.  … [Read more...] about 11 Vietnamese tax, customs officials suspended over alleged bribery at Japanese firm

In the near future, Ca Mau Province is expected to invest and build a harbor in the south of Doc River.  Thereby, visitors will have an opportunity to experience key tourism destinations of the province such as Thi Tuong Lagoon, Mui Ca Mau or Ca Mau Cape National Park, U Minh Ha National Park, Hon Da Bac (silver stone) Islet Tourism Site, etc as they move from seaway to roadway via the wharf. After coming into operation, it is expected that the first maritime tourism route of Ca Mau Province would contribute to not only attracting tourists, creating favorable conditions for tourists to experience seaway trips but also stimulating local socio-economic development.  … [Read more...] about Ca Mau, Phu Quoc, Nam Du to be connected by high-speed boat route

Eleven customs and tax officials in the northern province of Bac Ninh, where plastic appliances maker Tenma Vietnam is located, have been suspended for 15 days starting Wednesday pending investigations into the allegations that the company had bribed Vietnamese officials on two occasions, in 2017 and last year. … [Read more...] about PM orders verification of alleged bribery by Japanese firm

In a report on National Assembly resolutions which has been sent to NA deputies, the State Bank of Vietnam (SBV) expressed its concern about the quality of the loans to BOT projects. The VND64.67 trillion worth of loans to the projects may have to be restructured. MOT reported that before the Covid-19 epidemic broke out, the ministry checked documents and found that 45 out of 50 projects had revenue lower than predicted in the financial plan in the BOT contract. … [Read more...] about Nearly US$3 billion worth of loans to BOT projects likely to become bad debt

On May 24, the office of the MoIT informed that the Trade Promotion Agency and the branch of the Vietnam Trade Office in Kunming will collaborate with the China Council for the Promotion of International Trade – Yunnan Branch to organize an online trade conference on agricultural and food products between Vietnam and China on May 26 and 27. At this conference, 21 Vietnamese enterprises trading agricultural, aquatic, and processed products will introduce and offer their products to importers in Yunnan Province, China. According to Mr. Do Quoc Huong, Head of the branch of the Vietnam Trade Office in Kunming, in Yunnan Province, currently, all production and trade activities have basically returned to normalcy but agricultural production still faces difficulties. The forecast by the Department of Commerce of Yunnan Province shows that from now to the end of June this year, the province needs around 25-35 percent of essential agricultural products, including vegetables, fruits, … [Read more...] about 21 Vietnamese enterprises seek opportunities to export farm produce to China