Planned HRC steel import duty hike aborted

The Ministry of Finance, bowing to strong opposition by steelmakers and industry experts, has removed a planned increase of the Most Favored Nations import duty on hot-rolled coil (HRC) steel from 0% to 5%. The ministry included the duty increase in a draft government decree in a bid to prevent a possible influx of steel from China given the ongoing trade conflict between China and the U.S.

Health Ministry officials face criminal charges

Ministry of Public Security investigators have pressed charges against some Ministry of Health officials who were allegedly responsible for licensing VN Pharma Company’s import and trading of counterfeit cancer drugs.

Go-Viet CEO Le Diep Kieu Trang quits

The ride-hailing firm Go-Viet has announced its leadership change, saying that Le Diep Kieu Trang will quit as chief executive officer of the firm from October 11. Trang has been in the job at Go-Viet for just five months, the local media reported. Before that, Trang served as Facebook’s country director for Vietnam.

BOT Hanoi Highway to resume toll collection

Authorities of HCMC have asked municipal departments, agencies and investors to quickly address existing issues relating to a build-operate-transfer (BOT) Hanoi Highway expansion project and make it possible to restart toll collection on the highway