Need to change the methods of price determination

There are four basic issues in the land revenue system in Vietnam that need immediate evaluation in order to adapt to the current situation: (1) completion of the land pricing system; (2) categorizing and specifying mechanisms that assess value of land in the market; (3) changing the system of taxation and applicable fees for land use; (4) clarifying that investments from land users do not increase land value.

Too little tax on public land

In developed countries, revenue from land and fixed property makes up 50-90% of the total revenue collected by local authorities, serving as the main source for urban development. Besides this, capital from land revenue also functions as a financial tool to regulate and control real property and urban development.

Criteria must be clear for tourism and eco-environment

With tourism becoming an important key economic sector in recent years, the Vietnamese Government has provided many mechanisms and attractive policies to support and create conditions for businesses to enter the field of tourism and travel.

Change in Capital Raising Strategy

Change in Capital Raising Strategy

(ĐTTCO) - The pressure to raise chartered capital in banks has increased as the deadline for applying for Basel II is nearing. However, sale to strategic partners faces many difficulties as the local fund supply is far below banks’ demand.

Other countries experience in reducing cost burden

Other countries experience in reducing cost burden

(ĐTTCO) - Practically speaking, commercial contracts between international parties are immediately revised when any legal compliance cost arises. In foreign countries, the “burden of government regulation” is taken seriously and governments across the globe are putting in a lot of effort to cut this cost. Vietnam should learn from them.

Cost Burden

Cost Burden

(ĐTTCO) - According to 2018 Global Economic Report presented at the World Economic Forum, Vietnam was ranked 96th out of 140 countries in terms of “burden of government regulation”.
Special mechanism for repossessing land

Special mechanism for repossessing land

(ĐTTCO) - The current compensation and resettlement process for owners of repossessed lands faces many difficulties and several disputes. The inflexibility of the prevailing regulations have caused delays in some projects and consequently impacted people’s benefits.

Land Fever Spreads

Land Fever Spreads

(ĐTTCO) - Van Don (Quang Ninh Province), Da Nang, Phan Thiet (Binh Thuan Province) and Nhon Trach (Dong Nai Province) are some hotspots where land fever has taken hold recently. Investors and speculators are rushing to these locations in great numbers, while brokers and middlemen jostle to compete and lift up land prices.

Entrepreneur Truong My Lan: Magnanimous Benefactor Supports Hospital Construction

Entrepreneur Truong My Lan: Magnanimous Benefactor Supports Hospital Construction

(ĐTTCO) - After one year, the construction of the fourth floor of An Binh Hospital, located at 146 An Binh Street, Ward 7, District 5, Ho Chi Minh City, is finally complete. This is the first hospital that has received a huge non-refundable donation of VND 450bn from a benevolent private conglomerate, the Van Thinh Phat Group.  

Tan Son Nhat airport terminal construction under controversy

Tan Son Nhat airport terminal construction under controversy

(ĐTTCO) - The Ministry of Transportation (MoT) and Committee for Management of State Capital (CMSC) have appointed the Airports Corporation of Vietnam (ACV) as investor of T3 terminal at Tan Son Nhat international airport. This decision has aroused controversy among people.
Gosu Blue - charisma from blue enamel

Gosu Blue - charisma from blue enamel

(ĐTTCO) - Gosu Blue, the precious masterpieces with blue-enamel Shimazu’s coat (a cross shape in the circle), is one of Satsuma’s most sought-after pottery artefacts. It had been produced limited in Tokyo since mid of 19th century, and ended production in 1872. Gosu Blue is also known as the typical pottery of late Edo period (1850-1870).

The Hub of  Solar Power

The Hub of Solar Power

(ĐTTCO) - According to the Institute of Energy, Binh Dinh and Phu Yen are two provinces with excellent conditions for setting up solar power plants. In the last few years many investors have built plants in these two places, making them the country’s green power hub.

To revise Enterprise Law according to practical requirements

To revise Enterprise Law according to practical requirements

(ĐTTCO) - The Enterprise Law in 2014 contributes positively to the formation of a favorable and fair business environment, motivates the establishment, growth and expansion of enterprises. Since 2014, both the number of new enterprises and total registered capital have been increasing annually thanks to the simplified procedure and the improved regulation on protection of investors and shareholders.

Investment in stock market is mainly short-term

Investment in stock market is mainly short-term

(ĐTTCO) - Though the Vietnamese stock market has been developing to some extent in the last few years, mobilisation of funds for the economy has been mainly dependent on the banking system. 

The financial system is imbalance

The financial system is imbalance

(ĐTTCO)-Vietnam’s capital market has grown over the last 20 years in market size and product variety. However, some constraints remain, especially the imbalance between the capital and money markets.  

Hoan My Medical Corporation has new Chairwoman

Hoan My Medical Corporation has new Chairwoman

(DTTC) - Recently, Clermont Group (owner of Hoan My Medical Corporation) has appointed Ms. Vu Thuy Anh as Chairwoman of the Board of Directors of Hoan My Medical Corporation.
Industry 4.0  Accepting loss to approach

Industry 4.0 Accepting loss to approach

(ĐTTCO) - The most important thing for Vietnam now is to find a driving force for the economy. The Prime Minister quickly understood the potential of the private sector in spurring economic growth.

BÁO XUÂN KỶ HỢI 2019