According to Mr. Bui Van Quan, Chairman of the Ho Chi Minh City Goods Transport Association, many members of the association have participated in the transport floor. However, many customers trading on the floor offered unreasonable prices. Moreover, payment procedures were cumbersome, so many enterprises did not trade on the floor anymore. And yet, most of the exchanges were established by some private companies with the main purpose of providing services on commission. These companies "avoid" all the issues related to legality and the transaction procedures between shippers and transporters. So, if there is a risk, who will take responsibility for it? … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 10
Oil prices energy bloomberg
Photo for illustration In January-July, the company produced and imported 142.47 billion kWh, up 2.09 percent against the same period last year, of which hydropower was 29.22 billion kWh (down 20.52 percent), coal thermal power 80.87 billion kWh (up 14.54 percent), gas turbines 22.4 billion kWh (down 15.36 percent), oil thermal power 1.03 billion kWh (up 33.11 percent), and renewable energy (wind power, solar power, and biomass power) 6.33 billion kWh. … [Read more...] about Nearly 20,000 rooftop solar power projects installed
In order to comply with the regulations for preventing and controlling the Covid-19 pandemic, and meet the growing travel demand of locals during upcoming National Day (September 02) holiday and the beginning of a new school year, transport businesses have been asked to carry out strictly regulations on transport and traffic safety, such as monitoring drivers’ activities and working time, carrying out alcohol and drug testing for drivers, supervising vehicles via security cameras on cars and transporting more passengers than regulated, controlling the fare price. … [Read more...] about PM requires strict implementation of Covid-19 prevention rules in exit exam
The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
The participants proposed measures to improve the quality and effectiveness of tourism activities in the province, such as renewing tourism products, strictly managing service prices, ensuring safety for tourists, preserving and promoting traditional tourism destinations, improving the traffic and investment environment, and promoting coordination activities between the city and domestic and international travel agencies. … [Read more...] about Businesses put forward measures for tourism development