Update news FIA
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 - The foreign direct investment (FDI) flow into HCMC has unexpectedly decreased, though capital to other cities and provinces has increased.
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.
Though Vietnam continues keeping its doors open widely to foreign direct investment (FDI), it will be choosier in licensing projects.