FDI

Update news FDI

BUSINESS IN BRIEF 27/4

Business confidence up in Q1; Garment export to new markets sees strong growth; Treasury mobilises more money from Gov’t bonds; HCM City export rises in first four months

What will Samsung bring to Vietnam?

VietNamNet Bridge – It’s obvious that the existence of Samsung’s factory in Bac Ninh province has helped changed the face of a small province adjacent to Hanoi. But…

BUSINESS IN BRIEF 23/4

Possible tax breaks cause concern for budget; Economist urges removal of interest rate caps; Steel sector sees positive signs in 2013; Possible tax breaks cause concern for budget

BUSINESS IN BRIEF 22/4

Fixes key to boosting FDI; Nation still a tasty target; Land clearance slows power line project; Market heats up for domestic pepper exports; HCM City sees a leap in pledged FDI

Cement manufacturers want to sell themselves to foreigners

About 20 percent of Vietnamese cement enterprises have been put on the brink of bankruptcy. The solution they most think of now is to sell themselves to foreign investors who would pump money to clear debts and restructure enterprises.

BUSINESS IN BRIEF 18/4

Agro-products to face tough battles ahead; HCM City eyes economic growth of 9.5-10%; Commodity exchanges call for help; Ornamental-fish sector revises business strategy

Vietnam fails to attract high technologies in FDI projects

Scientists have warned that the import of backward technologies would turn Vietnam into a technology landfill.

Allowing foreigners buying houses in VN to rescue property market?

Vietnam will not be able to rescue the real estate market if it only relies on the domestic resources. The government has been urged to allow foreigners to buy houses in Vietnam to increase the demand.

Urgent solutions to boost economic recovery

 VietNamNet Bridge – The Government has outlined urgent solutions to accelerate economic recovery, according to its newly-issued Resolution.

Watchdog agencies admit the uncontrollability over licensed businesses

Approximately 140,000 companies are said to be missing, dead or inactive, but they still exist on the database of the watchdog agencies. This shows the big problems existing in the post-licensing works.

What to do with slow paced FDI projects?

The multi-billion dollar projects were praised as the prideful achievements of local authorities in foreign direct investment (FDI) attraction. However, the projects have turned out to be the “pain in the neck.”

Vietnam plans to strengthen post-licensing control to heighten FDI quality

Vietnam believes that it’s now the right time to shift from the pre-licensing to post-licensing inspection over foreign invested projects to improve the foreign direct investment (FDI) quality.

BUSINESS IN BRIEF 4/4

Tra fish exports to US see 10 percent price hike; Hanoi devises solutions to curb inflation; Vietnam-UK trade turnover approaches US$4.4 billion; Real estate firms adopt sideline businesses amid slump

Big investors can negotiate about tax incentives with the government of Vietnam

The draft corporate income tax law stipulates the jurisdiction of the government in deciding the investment incentives for the big investment projects.

Calling FDI into marine exploration: Killing two birds with one stone

A senior expert said the starting point of Vietnam's marine exploration is "comprehensive low." Vietnam should promote FDI in this area to help the industry overcome the current difficulties.

BUSINESS IN BRIEF 31/3

Cement association worries about foreign competition; Enterprises removed from fastest-growing companies list; Ports lie idle because for lack of connecting roads; Export value reaches nearly US$30 billion

MPI, local authorities disagree on decentralization mechanism

MPI believes that it’s not the right time to apply the decentralization mechanism in licensing foreign direct investment (FDI) projects.

Samsung’s $2 billion project goes “incredibly quickly”

Samsung has accelerated the implementation of its $2 billion project in Thai Nguyen province amid the genuine enthusiasm of the local authorities, which have offered the South Korean the highest possible investment incentives.

BUSINESS IN BRIEF 30/3

Hanoi pledges financial aid for enterprises; HCM City urged to change software park land policy; Sale of drought insurance for coffee suspended; Accor continues expansion with three new hotels

Nearly US$100 billion in FDI capital disbursed after 25 years

 VietNamNet Bridge – As of late February, Vietnam had attracted 14,550 valid FDI projects with a total capitalization of US$211 billion, of which almost US$100 billion was already disbursed.