Billions of VND almost lost for fake Bill of Lading
Oct 26, 2019At the end of 2016, a Vietnamese company (“CTV”) bought 4,000 tonnes of heavy steel scrap of melting, CFR Saigon Port, Incoterms 2010, payment by L/C at sight. The cargo was loaded onto a ship at Kobe port (Japan). Although the bank confirmed all documents were compliant on the surface, after investigation, lots of problems have been discovered.
“Vietnam has wisely not put all of its eggs in TPP basket”
Oct 26, 2019Vietnam has not just a "Plan B", but also a plan C, D, E and F.
Little State capital sold in SOE equitization
Oct 26, 2019The equitization of State-owned enterprises (SOEs) has progressed well since 2011 thanks to various ministries and sectors, economic groups, and localities getting onboard, but within the 96.5 per cent of enterprises that have been equitized, only 8 per cent of State capital was transferred to the private sector.
Government advised to re-define public debt
Oct 26, 2019The Government should consider international practices to re-define its public debt in the revised Law on Public Debt Management that is scheduled for submission to the National Assembly late this month.
APEC Vietnam 2017
Oct 26, 2019“The challenges are big but that doesn’t mean they are impossible for Vietnamese people and businesses to catch, as they already exist in our life.”
Enterprises have to create barriers protect IPRs by themselves
Oct 26, 2019Intellectual Property Rights (IPRs) plays an increasingly important role for the economic and social development to improve the competitiveness of enterprises. However, many enterprises are still not aware of the importance of IPRs.
