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Vietnam’s investment abroad on the rise

Total Vietnamese investment abroad this year is expected to reach US$300 million, according to economic experts. Many large- scale investment projects are in the appraisal process, including the US$270 million Sekaman 3 hydro-electric power plant and a US$25-million ruber plantation project in Laos.

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Finance Ministry proposes to tariff cuts for 30 Thai products

The Finance Ministry has submitted to the Prime Minister a draft decree allowing tax reductions ranging from 5-10 percent for 36 products from Thailand from April 1, ahead of the deadline for the implementation of the Common Effective Preferential Tariffs (CEPT) scheme among ASEAN countries.

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Ha Noi stock exchange opens

The Hanoi Securities Trading Center (HASTC), Viet Nam’s second stock exchange, opened yesterday in an event that leaders hope will help Viet Nam’s transition into a market economy.

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