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Update news FDI
Under the draft law, financial incentives would be given in three fields – corporate income tax, import/export tax; finance and land; and accelerated depreciation.
In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks.
Industrial and residential properties could be the sectors grasping the most upcoming attention in the real estate market of Vietnam, Indonesia, and the Philippines – three of the ASEAN’s fastest-growing economies.
With the current upheaval taking place around the world due to the coronavirus pandemic, how can geopolitical frictions between the major powers impact nations like Vietnam that are looking to attract top investment?
Vietnam needs to grab opportunities to reduce its trade surplus with the US.
While FDI firms continue to report losses, they keep expanding operations in the country.
Vietnam is generally regarded as having great prospects to seize overseas investment flows moving away from China.
Ambassador of the European Union Delegation to Vietnam Giorgio Aliberti shared his comment on the effects of the EVFTA and EVIPA on the EU-Vietnam economics relations.
Covid-19 has forced manufacturers to consider restructuring the value chain, according to Sunny Hoang Hoa from Savills HCM City. Vietnam is expected to benefit from the trend.
The Quad countries’ economic prosperity network plan is expected to bring great opportunity to Vietnam’s enterprises.
Foreign direct investment (FDI), which will help the economy recover after Covid-19, is also a driving force for the recovery of the real estate market.
Minister of Planning and Investment (MPI) Nguyen Chi Dung warned that many Vietnam businesses may fall into foreign hands because of the pandemic.
The economy won’t successfully grow if money is only poured into the pockets of a few people, while the majority of people face difficulties and have to live in a polluted environment, experts say.
Covid-19 cannot deter Thai investors from implementing their plans to acquire Vietnam’s businesses.
Large corporations from different business fields have begun injecting money into Industrial Zone projects as they can see great opportunities from an expected FDI wave in Vietnam.
The Ministry of Industry and Trade on June 3 refuted a rumor stating that it would buy back 53% of Saigon Beer, Alcohol and Beverage Corporation's (Sabeco) shares from Thaibev.
Hoping that Vietnam will be able to catch the investment flow leaving China, IZ developers have hurried to implement their projects.
FDI inflows to HCM City rose to nearly 70 million USD in the first quarter of 2020 thanks to the gradual redirection of investment flows due to COVID-19.
Vietnam has great advantages over its rivals to attract foreign investors, including low costs, an advantageous position, and stable exchange rate and institutional mechanisms.
Over the past few decades, many companies worldwide have come to China, seeking a place to set up production bases and do business as they were lured by the country’s low labour costs and enormous domestic consumer market,