FDI

Update news FDI

Complex tax laws don’t deter foreign investment

VietNamNet Bridge – The complexity of Vietnam’s business tax climate is not impeding the attraction of foreign investment, and oddly enough, is appealing to a corrupt element of investors using complexity and legal loopholes to their advantage.

BUSINESS IN BRIEF JULY 17

Brighter economic outlook accelerates car sales in H1; HOSE sees busy year for securities trading; Investors lack clear regulations; Forex rate tumbles after State Bank announcement; Viet Nam, Argentina sign MoU; FPT buys 123mua.vn from VNG

BUSINESS IN BRIEF 15/7

 Spain to invest in rubber latex factories in Binh Phuoc; FDI to real estate surges 65 percent in H1; Timber shipments to Middle East surge sharply; HCM City market attracts giant foreign retailers

BUSINESS IN BRIEF 11/7

 SBV plans flexible monetary policy for H2; Hanoi attracts US$560 mln in FDI in H1; 23 countries, territories to attend Pharmex 2014; US to levy anti-dumping duty on pipes; US drug giant arrives in HCM City

IPs, EZs to attract $10b in FDI

 VietNamNet Bridge – The country is expected to attract foreign direct investments (FDI) worth US$8 billion into industrial zones (IPs) and $2 billion into economic zones (EZs) this year.

Don’t be so hasty to end investment certificate policy: investors

Bui Quang Vinh, Minister of Planning and Investmentthinks he knows how to streamline Vietnam's complex foreign investment process: eliminate the investment certificate mechanism.Foreign investors, however, are not so sanguine about the idea.

VN’s economy shows impetus in first half

 VietNamNet Bridge – Viet Nam continued seeing signs of economic recovery with a Gross Domestic Product growth in the first half of this year reaching 5.18 % despite a number of difficulties and challenges.

Viet Nam strives to attract sound FDI

 VietNamNet Bridge – Deputy Director of the Foreign Investment Agency under the Planning and Investment Ministry Dang Xuan Quang speaks to Tin Tuc (News) newspaper about Viet Nam's struggle to attract foreign direct investment.

BUSINESS IN BRIEF 1/7

Vietnam Airlines proposes VND22,300 per share in IPO; HCMC Industrial Zone to be built in Myanmar; Vietnam enjoys $6.85 billion FDI in six month'; B. Braun looks to invest extra US$270 million

Nearly $700 million in foreign capital invested into real estate

VietNamNet Bridge – In the first half of 2014, there were 16 new real estate projects, with an increase of nearly 64 percent of total registered capital compared to the same period in 2013.

BUSINESS IN BRIEF 27/6

 FDI inflows drop in first half of the year; Formosa proposes special steel zone in Vung Ang; Petrol prices reach record highs in Vietnam; HCM City revokes licenses for real estate projects

BUSINESS IN BRIEF 9/6

 Taiwanese firms stay put; Foreign invested companies resume business operations; Corporate governance below average in VN; Pepper exports to break annual record; Investors retain confidence in Vietnamese market

HSBC: East Sea tensions leave limited impact on Vietnam

 VietNamNet Bridge – HSBC Bank’s latest Vietnam macro-economic report says the nation will feel limited impact from the East Sea tensions with China.

BUSINESS IN BRIEF 2/6

Binh Duong remains attractive destination for FDI; BOT highway projects attract investors; Da Nang port to launch IPO in June; King Riches breaks ground on second facility;

BUSINESS IN BRIEF 31/5

Vietnam lashes economic growth forecast; Mekong Delta attracts foreign investors; Manufacturing industry attracts huge FDI; Production jumps 5.4% this year; Agricultural manufacturers offered preferential loans

BUSINESS IN BRIEF 29/5

 Export credit shows signs of growth; Honda looks to sell 2 million motorcycles; May CPI picks up 0.2%; US reduces anti-dumping duty on Vietnam’s steel pipe; Firms hurt by riots get tax breaks

The FDI-driven economy?

 VietNamNet Bridge – “FDI-driven economy” is the phrase used by many economists at recent business forums, meaning that foreign direct investment (FDI) is the major motive power for the national economy.

237 billion USD in FDI poured into Vietnam

 VietNamNet Bridge – By April 2014, Vietnam had 16,323 valid foreign-invested projects, with a total registered capital of 237 billion USD, according to Deputy Minister of Planning and Investment Dang Huy Dong.

BUSINESS IN BRIEF 20/5

 First Vietnamese business receives GTB Innovation Award; Trade surplus rises to over US$2 billion; Exports to Israel nearly double; Int’l cashew nut processors convene in Ba Ria-Vung Tau;

BUSINESS IN BRIEF 16/5

 Gold prices rise as uncertainty grows; Government to strive for business-friendly conditions; Mekong Delta opens doors to investors; Myanmar to establish steel JVs with Vietnam; Viet Nam, Thailand eye 20% annual growth in trade