Patients pay medical bills at the Tay Bac Nghe An General Hospital (Photo: VietnamPlus ) Hanoi (VNA) – To meet demand for medical examination and treatment, the Ministry of Health (MoH) has issued a circular guiding the building of service fees for on-request services at public health facilities. Per a roadmap of the MoH, this year, medical fees will be adjusted based on the increased basic salary of 1.49 million VND (64 USD) and management expenses of medical facilities. However, the planned increase of medical service fees would depend on the consumer price index and socio-economic conditions in 2019, said Nguyen Nam Lien, head of MoH’s Department of Financial Planning. He revealed the information during the MoH’s press briefing on June 4 on five years implementing programmes to improve patient satisfaction, hospital cleanliness, medical care quality improvement and reform of finance-health insurance mechanism. Building medical service fees … [Read more...] about Medical fees not adjusted if CPI increases in 2019
The franchise business is flourishing in the Vietnamese coffee scene Franchising allows investors to access established brand names and open café chains in Vietnam, including café chains. Franchise fees go from VND millions to billions. Newswire FnB Vietnam clarified the franchise fee for numerous café chains in Vietnam. Highlands Coffee Launched 20 years ago, Highlands Coffee is one of the most successful names in the local coffee and franchising scenes. Highlands Coffee established its brand at the high-end segment, thus charges a franchise fee much higher than the average competition, with stricter rules to comply with. The initial franchise fee: VND3.5-5 billion ($152,173-217,391). The monthly franchise fee is 7 per cent of the monthly profit. The management fee is 5 per cent of the monthly profit. Cong Caphe The theme and ambience of Cong Caphe outlets bring to mind Vietnam’s subsidy period. Cong's name is synonymous with a retro experience … [Read more...] about What franchise fees Vietnam’s largest café chains charge
The consumer price index (CPI) between January and May increases by 2.74 percent from the same period last year. (Photo: VNA) Hanoi (VNA) – The consumer price index (CPI) between January and May increased by 2.74 percent from the same period last year – the slowest five-month pace over the last three years, according to the General Statistics Office (GSO). The GSO said on May 29 that the CPI in May grew by 0.49 percent from April, 1.5 percent from December 2018, and 2.88 percent from the same period last year. Compared to the previous month, nine of the 11 groups of main consumer goods and services recorded price hikes in May, including transport (up 2.64 percent); housing fees and construction materials (1.28 percent); beverage and cigarette (0.18 percent); and garments, headwear, and footwear (0.12 percent). Price declines were reported in medicines and healthcare services (down 0.06 percent), and postal and telecom services (0.05 percent). Explaining the CPI … [Read more...] about Five-month CPI rises 2.74 percent year-on-year
The CBU (complete built unit) imports to Vietnam in the first seven months of the year were five times higher in number than in the same period last year. Minister and Chair of the Government Office Mai Tien Dung has said that the government will soon amend Decree 116/2017 on conditions to manufacture, assemble, import and trade cars and maintenance services. It is expected that provisions related to car imports will be removed. Instead of examining cars by consignments as currently regulated, the government would amend the legal document, so that imports would be examined by vehicle type, while pre-customs clearance examinations would be replaced by post examination. Car importers believe that once the decree is amended, it will be easier for CBU imports to enter Vietnam. According to a representative of Thaco, ‘examination by type’ means that state agencies will take samples to test emissions and safety, and the results of the tests will be applied to the next … [Read more...] about Will car imports ‘crush’ domestically assembled cars?
Asked about the import tariff on luxury cars from Europe after the EVFTA takes effect, the Ministry of Industry and Trade (MOIT) said the competitiveness of EU sourced cars would improve. According to MOIT’s Deputy Minister Tran Quoc Khanh, high-cylinder capacity cars (more than 2500 cc) will see tariffs gradually cut to zero percent after nine years. Meanwhile, the tariff cut for less than 2500 cc cars will be implemented over 10 years, and the roadmap for car parts will be seven years. At present, cars from the EU bear a high tax rate of 70 percent. The selling price is 2-3 times higher than the original price because the cars bear many kinds of taxes and fees. The trade agreement includes an important provision that, five years after the agreement takes effect, Vietnam will accept the EU quality certificate, which means that the EU’s cars won’t need quality certificates to enter Vietnam. This means that Vietnam will create more favorable conditions for … [Read more...] about Vietnamese told not to expect high-end cars to become cheaper