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According to Nguyen Dinh Cung, former Director of the Central Institute for Economic Management, facilitating the private economic sector’s development remains an inevitable trend for the national economy. The number of newly established enterprises has been steadily annually, while the sector in general has been able to successfully mobilise huge amounts of capital for production and business, developing into an important part of the national economy in the process. … [Read more...] about Vietnam strives to effectively attract private investment

Also charged with abuse of power, Dang Huu Thuy, vice principal of the To Hieu High School, got eight years and was fined VND20 million, Do Khac Hung, former lieutenant colonel and official of the internal political security division under the provincial police department, got three years, Nguyen Thanh Nhan, former deputy head of the testing and quality assurance unit, got 30 months and was fined VND20 million. … [Read more...] about Nine jailed in northern Vietnam over high school exam fraud

Vietnam Report’s survey results are announced on two lists: The top 500 companies that have biggest revenue and The top 500 Vietnamese private owned companies that have biggest revenue. To be included in the first list, state owned, foreign invested and private owned companies must have revenue from VND1.2 trillion (USD60 million) up. To enter the second list, private companies must have revenue upwards of VND 500 billion (USD25 million). … [Read more...] about State enterprises dominate Vietnam’s top 500 list

With authorities recently warning individual investors about the risks of buying corporate bonds, the State Securities Commission of Vietnam could tighten regulations on their issuance this year in line with a government decree set to take effect next year, analysts of brokerage Mirae Asset Vietnam said in a report. … [Read more...] about Vietnam could tighten bond issuance this year: analysts

A company based outside of Ho Chi Minh City had to wait 20 days to have its proposal for some key experts to be allowed to enter Vietnam approved as the local authorities wanted to wait for similar proposals from other companies to review them at the same time, according to Nguyen Minh Ke, chairman of the Vietnam Aluminum Association. … [Read more...] about Firms face maze of regulations getting key foreign experts into Vietnam