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Firms failing to reduce VAT to face sanctions

HCMC – Enterprises which deliberately delay the reduction of the value added tax (VAT) from 10% to 8% will face heavy sanctions, according to...

Ministry takes action to prevent fuel supply deficit

HCMC - Minister of Industry and Trade Nguyen Hong Dien presented multiple solutions to avoid fuel supply deficit and prevent gas stations from shutting...

Daily Covid infections surge to nearly 22,000

HCMC - The Ministry of Health this evening, February 8 confirmed 21,909 fresh Covid cases, the highest in a single day so far. Among the...

PM proposed to approve contractors for North-South expy project

HCMC – The prime minister has been requested to approve the tentative list of contractors for construction packages of the Eastern North-South Expressway project...

Investors of delayed housing projects to be fined

HANOI – Investors of housing projects that lag behind schedule will be fined VND400-600 million each, according to the Government’s newly-issued regulations. The Government has...

Number of HCMC-based firms resuming operations skyrockets 500%

HCMC - HCMC has seen signs of strong economic recovery at the beginning of 2022, with the number of firms resuming operations in January...

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