Latest blog articles
Chinese tourist cars allowed to enter Vietnam
Chinese tourists cars will be allowed to pass Mong Cai Border Gate in Quang Ninh Province from 2017
The plan, which is expected to boost tourism between the two countries, will allow tourists driving cars of up to nine seats to travel and stay in the country for three days.
They can extend their stay for one more day in case of accident or if their vehicle needs repairs.
Tourists have to come in groups of five to twenty cars.
Chinese cars will not be allowed to leave Mong Cai for other cities and provinces in Vietnam.
According to Quang Ninh authorities, each side will appoint a tourism agency to help drivers with relevant procedures.
In Vietnam, Hong Gai Tourism and Services JSC will be in charge in Mong Cai.
Canada energy firm eyes $150 mln solar power plant in Vietnam
Canadian company CMX Renewable Energy Inc. has sought a license to build a 150-megawatt solar power plant in the central province of Ninh Thuan at an estimated cost of US$150 million, news website Dau Tu reported Sunday. Around 1 percent of the plant's output would be provided free to locals, a company executive was quoted as telling the province's authorities at a meeting. CMX is the latest foreign investor to have expressed interest in producing solar energy in Vietnam even as the government… chat_bubble_outline Read More...
PepsiCo fights to retain incentives/privileges
Suntory Pepsico Vietnam Beverage has not stopped fighting to retain tax incentives for their factory in Can Tho City, despite several failed efforts in the past. photo source: internet On June 13, the company (PepsiCo) sent a document to the Prime Minister requesting a meeting with relevant authorities to the dispute. Prime Minister last week directed the Ministry of Finance to come up with an answer to PepsiCo’s request.Since 2014, SPVB have been decrying the inconsistencies in tax… chat_bubble_outline Read More...
Blue Apron Didn't Get A State Processed Food Registration For Three Years
Matthew Mead / AP Blue Apron got approval to operate a food processing facility from the California Department of Public Health for the first time last month, despite having been packing and shipping boxes of fresh produce and raw fish, poultry, and meat in the state for over three years. The company’s Oct. 5 registration with the state health department, which was confirmed by both the agency and Blue Apron, immediately followed the Oct. 2 publication of an investigation by BuzzFeed News into… chat_bubble_outline Read More...
Sabeco, Masan, Vinasoy listing may ignite investment wave in FMCG shares
With the third largest population in SE Asia and 70 percent of people of working age, Vietnam has high potential for fast-moving consumer goods (FMCG) manufacturers. The revenue of some FMCG manufacturers in 2015 This can already be seen in the prosperity of Vinamilk, the nation’s leading dairy producer, and Sabeco and Habeco, the two largest brewers, as well as Masan Consumer, each of which has annual turnover of tens of trillions of dong. Many FMCG companies list shares on the bourse. These… chat_bubble_outline Read More...
China clamps down on popular online video-streaming services
BEIJING (AP) — Chinese authorities are clamping down on streaming video over social media amid a proliferation of online-only television content and live-streaming.The State Administration for Press, Publication, Radio, Film and Television is requiring social media platforms like WeChat and Weibo to obtain licenses to broadcast video or audio, while also demanding that content distributed over social media hold traditional broadcast licenses. The new guideline is the latest effort by the media… chat_bubble_outline Read More...