HCM City: SOEs told to publicly disclose business information
The HCM City People’s Committee has ordered all State-owned enterprises (SOEs) with 100 percent charter capital owned by the State to fully publish information about their activities.
HCM City (VNA) - The HCM City People’s Committeehas ordered all State-owned enterprises (SOEs) with 100 percent charter capitalowned by the State to fully publish information about their activities.
Therequest applies to all controlling, parent-subsidiary and sole-member limitedliability companies in the city.
Themove by the city was part of Deputy Prime Minister Vuong Dinh Hue’srequest to ministries, departments and local authorities to instruct businessesto strictly follow Government Decree 81 dated September 2015 on informationdisclosure for State enterprises.
Decree81 stated that companies must disclose information on: their developmentstrategies; five-year production and business plans; annual production andbusiness plans; annual production and business reports and reports on theprevious three years; implementation of CSR, or corporate socialresponsibility, if appropriate; annual renewal and restructuring; andadministration and organisation, as well as financial reports and reports onsalary and bonuses.
Theinformation will be disclosed on websites of enterprises and agenciesrepresenting the state owner and on the enterprise information portal of theMinistry of Planning and Investment (MPI).
Accordingto a recent report by MPI, only 241 out of 620 SOEs have sent their reports tothe ministry to publicise their information on MPI’s business informationportal, accounting for 38.8 percent of the total. –VNA
The reshuffle and reform of State-owned enterprises (SOEs) must be considered the most important task of 2017, underscored Prime Minister Nguyen Xuan Phuc at a national conference on December 6.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Illustrative image (Source: chinhphu.vn) 
