Imported Materials

Intend to axe wood imports

A wood production type of Trong Container Production and Commerce Co in Ha Noi's Quoc Oai District. Locally created wood materials will replace imported materials by 2020. — VNA/VNS Photo Trong Dat HCM CITY — The Federal Government intends to develop 8.4 million ha of forest by 2020 to create 22 million cu.m of wood of numerous kinds to make sure sufficient supply for domestic production activities, based on the Handicraft and Wood Industry

Plastics enterprises face shutdowns en masse

HCMC – Over 400 plastics enterprises, accounting for one-fifth of the total number nationwide, have shut down business and more are poised to follow suit if business continues to prove difficult, said an industry source.

US firm to build solar cell plant in HCM City

US-based First Solar was granted an investment licence by HCM City People's Committee and the management board of industrial and processing zones.

Rising input costs gobble up export profits

Despite record revenues this year, key export industries including textile, garment, footwear and woodwork are expecting meager profits due to rising production costs.

Fish processors decry circular, say shutdown imminent

HCMC – Fish processors at a meeting in HCMC on Monday blasted the Ministry of Agriculture and Rural Development over a circular that imposes tough control on imported materials, saying many plants would face shutdown if the circular is not withdrawn.

Weaker dong enhances inflation threat: experts

Relatively low incremental increases in prices over the last few months have lulled consumers and others into a sense of false security, experts say, warning that inflation continues to be a serious threat in the coming months.

Shipping taxes to be waived

All export-import express packages will be tax exempt from, October 1. The exemption is embodied in Government Decree 87/2010/ND-CP which regulates the prices at which tax applies; the exchange rate to caculate tax; tax payment schedules and tax exemptions and refunds.

From Politics

NA talks about changes to work law

Employees harvest whitened-leg shrimps in the Hung Bien Ocean Items Co Ltd within the central province of Quang Binh. The draft amended Work Code, that was talked about through the NA yesterday, is anticipated to make sure workers' proper privileges including salaries, overtime and maternity leave. — VNA/VNS Photo Huy Hung HN — The Nation's Set up talked about a variety of concerns associated with work issues throughout a session which was

PM greets mind of Lao inspectorate

HN — Pm Nguyen Tan Dung yesterday confirmed that Viet Nam always supported co-operation between its relevant agencies and also the Inspection Commission from the Lao Individuals Revolutionary Party Central Committee and also the Government Inspectorate of Laos. Dung made the statement while finding the commission mind, Inspector-General Bounthong Chitmany.Dung stated co-operation would concentrate on training human assets within the sector in addition to swapping encounters within the combat and protection