Latest news and law update
Hyundai Marine & Fire Insurance buys 25% of Vietinbank Insurance
The VietinBank Insurance Joint Stock Corp. (VBI) signed a stock purchase agreement with South Korea’s Hyundai Marine & Fire Insurance Co. (HMFI) on December 21 in Hanoi. South Korea’s No.2 non-life insurer will buy a quarter of VBI, [...]
Sabeco’s 136 million tax bill to be reviewed
Prime Minister Nguyen Xuan Phuc has asked the Ho Chi Minh City Department of Taxation to hold back on enforcing a tax decision on collecting VND3.14 trillion ($136.1 million) from the Saigon Beer-Alcohol-Beverage Corporation (Sabeco) for violations on [...]
Vietnam says Facebook violated cybersecurity law
Vietnam says Facebook has violated its new cybersecurity law by allowing users to post anti-government comments on the platform. "Facebook had reportedly not responded to a request to remove fanpages provoking activities against the state," the official Vietnam News [...]
Vietnam court orders Grab to pay Vinasun $208,000
Grab should pay Vinasun VND4.8 billion ($208,000) for damage it has caused the top taxi firm, a court ruled Friday. The People’s Court of Ho Chi Minh City said in its verdict that Grab had committed many mistakes [...]
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