A source said that a working group on the automobile industry will be set up with members from MOF, the Ministry of Planning and Investment (MPI), MOIT and SBV. The working group will be in charge of building policies on tax and preferential credit for the automobile industry. … [Read more...] about When will taxes be lowered to reduce automobile prices?
Risk based pricing notice 4 key factors
Mr. Nguyen Duc Hien, Deputy Head of the Central Economic Committee, said that over the past ten years, urbanization and urban development in Vietnam had seen rapid growth, promoting the country's economic development and achieving many set targets. The space and number of urban areas have increased rapidly from 33.5 percent in 2010 to nearly 39 percent in 2020. Urban areas were evenly distributed, creating a nuclear driving force for the process of socio-economic development. The urban economy is one of the three pillars of the economy, accounting for more than 7 percent of the country's gross domestic product (GDP). However, urbanization and urban development still show many shortcomings, such as the risk of imbalance in development between urban and rural areas, overloaded infrastructure, and asynchronous connection. Assessing the real estate market recently, Mr. Nguyen Van Sinh, Deputy Minister of Construction, said that the development of the real estate market is not sustainable. … [Read more...] about Urbanization spurs socio-economic development
They include establishing the opportunities for joint collaboration and investment in revolutionary research and development of key technologies to enhance the parties’ respective high-tech tungsten portfolios, improving their ability to provide industry-leading quality and performance of high-tech tungsten materials products, and finally strengthening the sales network in the Asia Pacific region. … [Read more...] about Mitsubishi Materials invests $90 million for 10 per cent stake in Masan High-Tech Materials
The Department of Transport is working to diversify fuels, develop infrastructure for clean and renewable energy and promote the use of vehicles that use clean and environment-friendly fuels such as CNG, LPG and electricity. … [Read more...] about HCM City to improve solutions to climate change response
Farmers shout slogans as they burn an effigy during a protest against the newly passed farm bills at Singhu border near Delhi, India, November 28, 2020. Photo: Reuters On Friday, police fired tear gas and water cannons to disperse the protesters before letting them march into the capital and stage a protest at a designated site. … [Read more...] about Thousands of protesting farmers and police face-off at New Delhi border