FIEs

Latest News about FIEs

New policies needed to boost Vietnamese private sectoricon
FEATURE06/06/20210

New policies needed to boost Vietnamese private sector

While foreign-invested enterprises (FIEs) have been growing and prospering, Vietnamese enterprises have been developing inadequately because they lack favorable conditions to thrive.

 
FIEs retain pole position in bolstering trade surplusicon

FIEs retain pole position in bolstering trade surplus

BUSINESS
23/03/2021

While many developed countries have been struggling with the pandemic, Vietnam has maintained a trade surplus of nearly $1.29 billion in the first two months of 2021.

Highest expected Tet bonus over VND1 billion, average wage downicon

Highest expected Tet bonus over VND1 billion, average wage down

BUSINESS
05/02/2021

The highest Tet bonus workers this year is VND1.07 billion, or over $41,000. The highest pay in 2020 was VND516 million a month.

FIEs in Vietnam: big enterprises incur big losses, electronics manufacturers thriveicon

FIEs in Vietnam: big enterprises incur big losses, electronics manufacturers thrive

FEATURE
30/12/2020

The Ministry of Finance (MOF), after analyzing the 2019 finance reports of foreign invested enterprises (FIEs), has found a contrast in the business performance of the enterprises.

Half of FIEs take losses, some for years: reporticon

Half of FIEs take losses, some for years: report

BUSINESS
28/12/2020

The Ministry of Finance (MOF) said the 2019 finance reports of foreign invested enterprises (FIEs) showed that 45 percent of the enterprises had reported losses.

Anti-transfer pricing measures also applicable to domestic enterprisesicon

Anti-transfer pricing measures also applicable to domestic enterprises

BUSINESS
06/12/2020

Tax management performed on enterprises which conduct affiliated transactions will rely upon the principle of fairness, transparency and no discrimination against neither domestic nor foreign enterprises, said a top taxman.

Decree to prevent transfer pricing could inadvertently harm Vietnamese companiesicon

Decree to prevent transfer pricing could inadvertently harm Vietnamese companies

FEATURE
18/11/2020

Setting a cap on loan interest deductability is a tool to prevent foreign invested enterprises (FIEs) from conducting transfer pricing. However, the application of the regulation on Vietnamese enterprises as well has stirred controvesy.

Korean multinationals suggest solutions to ease difficulties in Covid-19icon

Korean multinationals suggest solutions to ease difficulties in Covid-19

BUSINESS
27/07/2020

Vietnam Airlines’ airplanes which have been left idle because of Covid-19 could be used to carry cargo, offering benefits to both the air carrier and export companies.

FIEs displeased with government demand to license internal websitesicon

FIEs displeased with government demand to license internal websites

BUSINESS
07/07/2020

The new regulations of the MIC may affect the policies and assets of private businesses and foreign-invested enterprises in Vietnam.

Vietnamese businesses burdened with taxes, FIEs at ease with tax exemptionsicon

Vietnamese businesses burdened with taxes, FIEs at ease with tax exemptions

BUSINESS
29/06/2020

Studies have found that Vietnam’s taxation system offers many incentives to foreign invested enterprises (FIEs), but puts an increasingly heavy burden on Vietnamese enterprises and people.

Foreign-invested enterprises hopeful about plans to list shares on bourseicon

Foreign-invested enterprises hopeful about plans to list shares on bourse

BUSINESS
23/06/2020

The Ministry of Finance (MOF), suggesting solutions to help the stock market overcome the Covid-19 crisis, has once again proposed allowing foreign-invested enterprises (FIEs) to list on the bourse. 

Can Vietnam could take advantage of new foreign investment strategies?icon

Can Vietnam could take advantage of new foreign investment strategies?

FEATURE
03/06/2020

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, 

FDI attraction - one of five key solutions to post-Coronavirus economic recoveryicon

FDI attraction - one of five key solutions to post-Coronavirus economic recovery

BUSINESS
02/06/2020

The Foreign Direct Investment (FDI) capital flows over the recent five months of 2020 only decreases compared to the same period last year but rises against the same period of the previous years.

Harnessing further FDI to Vietnamicon

Harnessing further FDI to Vietnam

BUSINESS
04/05/2020

Since national reunification in 1975, Vietnam’s economy has grown from strength to strength. Senior economist Nguyen Mai writes about how the economy has developed in that time, with foreign direct investment serving as one of the key driving forces.

Crunch time for labour-intensive areasicon

Crunch time for labour-intensive areas

BUSINESS
27/04/2020

As the country faces an unexpected economic crisis, industrial zones are reeling to protect enterprises vulnerable to diseases, especially those labour-intensive businesses that play an important role in the nation’s exports.

Two foreign banks' representative offices have licences withdrawnicon

Two foreign banks' representative offices have licences withdrawn

BUSINESS
20/04/2020

The State Bank of Vietnam (SBV) has withdrawn the licences of the representative offices of Kookmin from South Korea and Commonwealth Bank of Australia.

Maintaining business stability a top task for foreign investorsicon

Maintaining business stability a top task for foreign investors

BUSINESS
14/04/2020

Amidst the complicated developments of the covid-19 pandemic, foreign-invested enterprises are struggling to maintain business as usual, and taking measures to curb the spread of the virus and ensure employees’ health.

Will phone exports bounce back as Samsung’s production in China slows?icon

Will phone exports bounce back as Samsung’s production in China slows?

BUSINESS
03/03/2020

Samsung is believed to have great advantages over its rivals as its production base is in Vietnam, not in China, where the Covid-2019 has forced a series of factories to close down.