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The Ministry of Finance in a draft bill wants the special consumption tax on cigarette be increased to reduce consumption. The tax, currently accounts for 75% of factory price, only accounts for 38.85% of retail price, it said. This is far below the 70% of retail price tax that the …

The government has eased some regulations on hospitals’ equipment purchase to help resolve the shortage of supplies which is plaguing the health industry. A resolution issued Saturday allows hospitals to use the price quote from one seller of exclusive equipment to set up a bidding price for such equipment. Previously …

Two men have been arrested in Ho Chi Minh City two days after they made a failed attempt to rob a Sacombank branch in the city with a rubber bullet gun. Truong Minh Thien and Truong Vinh Xuong, both 34, were arrested by officers from HCMC Police and the Ministry …