Central Group, the owner of the Big C retail chain, has committed to completing the payment of transfer tax this month, the Dien dan Doanh nghiep (Businesses' Forum) newspaper reported.
Hanoi (VNA) - Central Group, the owner of the Big C retail chain, has committed to completing the payment of transfer tax this month, the Dien dan🔜 Doanh nghiep (Businesses' Forum) newspaper reported.
The Thai retailer group has to date made payments totalling 500 billion VND (22.3 million USD) with the remainder of more than 1.53 trillion VND to be paid no later than August 31, the online newspaper cited a source from the General Department of Customs as saying.
The Big C chain was sold by its previous owner, France's Casino Group, to the Central Group for one billion EUR (1.14 billion USD) in April.
The Casino group has made significant investments for more than 18 years to develop its subsidiary Big C in Vietnam to create a leading food retailer in the country. Big C Vietnam consists of a network of 43 stores and 30 shopping malls and in 2015 achieved an after-tax turnover of 586 million EUR.-VNA
Hai Duong has a strategic geographical location in the northern key economic zone. With the motto "The success of enterprise is the success of the province", Hai Duong province has applied many open investment attraction mechanisms and policies and achieved positive results.
Foreign direct investment (FDI) has brought major economic benefits but new issues have emerged, requiring the Government to introduce new measures to effectively utilise this vital source of capital, the English language version of the Nhan Dan (People) newspaper reported.
HCM City should promote the public-private partnership model in infrastructure projects to diversify capital resources for developing urban infrastructure, according to economic experts.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Illustrative image (Source: //www.vir.com.vn)
