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Update news FIA
VietNamNet Bridge - As the state’s divestment plan continues, more foreign companies are pouring capital into Vietnamese businesses.
VietNamNet Bridge - Vietnam has been successfully calling for foreign direct investment (FDI) in the last 10 years, but in order to improve the quality of FDI projects, it needs new policies and technologies.
The latest report by the Foreign Investment Agency (FIA) shows that only $490 million worth of foreign direct investment (FDI) was registered in November, the lowest level this year.
VietNamNet Bridge - Consultants and experts have recommended that Vietnam take measures to prevent foreign-invested projects from using outdated technologies, causing pollution and consuming national resources.
The Ba Ria-Vung Tau People’s Committee has released the criteria to choose new investors for Vung Tau Paradaise Resort developed by Vung Tau Paradise Company.
By the end of last month, Vietnam had attracted nearly US$13 billion from foreign direct investment (FDI), a year-on-year increase of 47%.
VietNamNet Bridge - Many foreign-invested projects in Vietnam have been operating with capital borrowed from Vietnamese banks.
VietNamNet Bridge - Local planning and investment departments have released a series of warrants looking for foreign investors after discovering that they had disappeared from their given addresses.
VietNamNet Bridge - Foreign businesses have invested in their own companies but have also contributed capital to thousands of Vietnamese companies.
Official reports show an increase in foreign direct investment (FDI) in the real estate sector, as a number of mergers & acquisitions (M&A) deals and investment from Singaporean tycoons have been made recently.
VietNamNet Bridge - The foreign direct investment (FDI) flow into HCMC has unexpectedly decreased, though capital to other cities and provinces has increased.
VietNamNet Bridge - Problems faced by some foreign direct investment (FDI) projects have placed Vietnam in a vulnerable position, but authorities are finding it difficult to revoke the projects’ licenses.
The Ministry of Planning and Investment’s Foreign Investment Agency (FIA) has launched an portal on foreign investment procedures with the purpose of increasing the attractiveness of the country’s business-investment climate.
VietNamNet Bridge - Major US investors are following through on their previous statements about relocating their production bases.
VietNamNet Bridge - Taxation bodies are expected to examine the behavior of foreign-invested enterprises suspected of conducting transfer pricing, without fuss. However, most of the works have never been made public.
Both Vietnam and Japan are establishing closer ties because of China. Vietnam is receiving more capital from Japan and less from China, and many Japanese businesses are leaving China for Vietnam.
VietNamNet Bridge – Though many foreign investors have announced investments in new apartment projects, they are unsure about the sustainable recovery of the property market.
VietNamNet Bridge – Based on the upcoming national foreign investment information system, the quality of inward direct investment to Vietnam could improve, as state authorities should be able to implement better post-licensing monitoring activities.
The Foreign Investment Agency, when releasing its report on FDI in Vietnam in the first four months of 2014, called the public’s attention to the fact that a lot of tiny foreign invested enterprises (FIEs) have turned up in Vietnam.
Though Vietnam continues keeping its doors open widely to foreign direct investment (FDI), it will be choosier in licensing projects.