Use of Digital Signatures Encouraged

Aug. 25 – Vietnam’s Ministry of Industry and Trade and the Ministry of Information and Communications encouraged the use of digital signatures for government agencies and companies during a workshop held in Ho Chi Minh City on Tuesday.

The use of digital signature will pave the way for the development of electronic commerce in the country. “One of the solutions to ensure data security in e-transactions is the use of digital signatures,” said Tran Huu Linh, deputy head of the Department of Commerce and Information and Technology. Read the rest of this entry »



Nielsen Survey: Vietnam Second Most Optimistic Consumer Market

Jul. 29 – Vietnam was ranked as the second most optimistic country in the world according to a global consumer confidence index conducted by Nielsen.

India was the most optimistic followed by Indonesia and Vietnam in a tie for second place. The Global Consumer Confidence Index measures consumer confidence, concerns and spending intentions of 27,000 internet users in 48 countries. Read the rest of this entry »



Vietnam-Cambodia Trade Up by 130 Percent

May 11 – Trade between Vietnam and Cambodia jumped 130 percent in the first four months of the year, reaching US$432 million.

The two nations set a goal to bring in US$2 billion worth of bilateral trade for 2010. Last year, trade amounted to US$1.33 billion, a decrease of 19 percent compared to the previous year due to the global financial crisis. Read the rest of this entry »



Vietnam, Chinese Province Sign Trade Deals

Apr. 29 – Vietnam signed trade deals with China’s east province of Jiangsu during the China-Vietnam Economic Cooperation Forum held in Nanjing on April 27.

The deals encompass cooperation in industry, trade, investment, finance, and tourism. Trade between Vietnam and Jiangsu Province has grown by 30 percent in the past four years.  On the other hand, bilateral trade between China and Vietnam has also increased by an average of 30 percent in the last decade and trade rose by 40 percent during the first quarter of this year. Read the rest of this entry »



Vietnam to Waive Visa Fees for August and September

Apr. 27 – Vietnam will waive visa fees for foreign visitors to the country from August to September as part of the “Impressive Vietnam Grand Sale 2010” campaign.

Foreign tourists can claim a refund of value added tax when they buy goods during the two month program. Tourist-related businesses in Hanoi, Danang, and Ho Chi Minh City will also offer 10 to 40 percent discount for local and foreign tourists during the campaign.

Read the rest of this entry »



Vietnam Issues New Birth Control Regulations

Mar. 12 – Vietnam has issued revised regulations on its Population Ordinance that will allow exceptions to the two baby quota rule.

Families will be allowed to have three children in the following circumstances: if couples give birth to triplets or have a child and give birth to two or more babies during the second birth and those who give birth to a third child after a previous child died or was put given up for adoption. Read the rest of this entry »



Vietnam to Limit Car Imports

Mar. 4 – The Ministry of Industry and Trade plans to limit car imports by implementing regulations that would help cut down its trade deficit.

The new restrictions will affect the importation of cars with less than 16 seats which make up majority of total cars imported from abroad and require that they pass quality tests by the authorities. Cars imported to the country will only be allowed to enter via the major seaports of Cai Lan, Quang Ninh, Haiphong, Danang, Ho Chi Minh City and Ba Ria-Vung Tau. Read the rest of this entry »



Happy Tet from Vietnam Briefing



Foreign Hotel Offers US$21,000 Tet Bonus in Ho Chi Minh City

Jan. 11 – The highest bonus given during Tet Festival comes from a foreign hotel industry company in Ho Chi Minh City amounting to US$21,000, according to the city’s Department of Labor, War Invalids and Social Affairs.

The department based the information on an official list of compiled from reports submitted by almost 1,000 companies. The department refused to give the name of the hotel. The lowest Tet bonus in Vietnam’s financial capital amounts to US$56 given by a local company says Thanh Nien News. Read the rest of this entry »



Higher Tet Bonuses Expected Next Year

Photo:DHN/Creative Commons LicenseDec. 1 – Companies  say they are expecting to give out higher bonuses for 2010 Tet Holidays compared to the previous year due to improving business says Vietnam Net.

The director of the Wage Department under Ministry of Labour, War Invalids and Social Affairs (MOLISA), Tong Thi Minh, said that there was no official information about businesses’ Tet bonus levels but she expects the 2010 Tet bonuses to be higher than the previous year. Read the rest of this entry »




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