VietNamNet Bridge – Foreign investors may be entitled to directly distribute products they are banned from under existing regulations.

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 VietNamNet Bridge – The owners of international economic groups are always the wise businessmen supported by experienced accountants, lawyers and strategist. Therefore, it is not easy to force them to admit their transfer pricing behavior.

 VietNamNet Bridge – The finance reports of the foreign invested enterprises (FIEs) in the multi-trillion dong transfer pricing affairs have all been audited by the world’s leading auditing firms. How could the experienced auditors be cheated?

VietNamNet Bridge – Believing that foreign invested enterprises (FIEs) are the potential borrowers, Vietnamese banks cannot approach the clients.

 VietNamNet Bridge – 122 foreign invested enterprises (FIEs) have been found as conducting transfer pricing and forced to pay the tax arrears of over VND200 billion.

 VietNamNet Bridge – Foreign invested enterprises (FIEs) have been “flattering” petty merchants by offering attractive preferences in an effort to encroach on the traditional markets, considered as the “territory” of domestic products.

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 VietNamNet Bridge – A lot of foreign invested associations have warned they are considering leaving Vietnam for the more attractive markets, like Cambodia or Myanmar.

A lot of foreign invested enterprises (FIEs) in HCM City now seek to rent ready made production workshops built up by the industrial zone development companies instead of setting up production workshops themselves on the leased land.

VietNamNet Bridge – Ministry of Industry and Trade’s Planning Department head Nguyen Sy Chung argues that foreign-invested enterprises (FIEs) will be in a better position thanks to the ministry’s new Circular

The National Assembly last week passed a one-page bill amending Article 170 of the Enterprise Law in a way that saves some 3,000 foreign-invested enterprises that have missed the deadline to renew their investment certificates.

The FIEs in Vietnam had five years as stipulated by the laws and two more additional years to make the business re-registration as required by the new investment law. However, many of them did not do this.

Nearly 3,000 foreign-invested enterprises missing the deadline for renewing their investment certificates may escape shutdown as a proposal to annul the re-registration requirement for FIEs has gathered support.

From June 7, foreign invested enterprises would lose the right to collect coffee directly from farmers. It’s clear that by laying down the policy, the state aims to protect domestic companies. However, the policy may harm farmers.

VietNamNet Bridge – Foreign invested enterprises (FIEs) have complained that they bear the discriminatory treatment when they are prohibited to purchase materials from farmers.

The Vietnamese laws clearly stipulate that foreign businessmen are not allowed to collect materials directly from Vietnamese farmers. However, they still have been attempting to control the material growing areas in Vietnam to optimize their profits.

VietNamNet Bridge – Those foreign-invested enterprises that failed to renew their expired investment certificates before July 1, 2011 may be saved from dissolution as the Government decides to remove such a requirement.

VietNamNet Bridge – The amended Corporate Income Tax Law reintroduces tax incentives for investment expansion, which is expected to encourage foreign-invested enterprises to raise their investment capital in the near future.

Minister slams Vinalines for tardy restructuring process; Credit institutions banned from opening gold accounts; Government proposes PPP reciprocal funding; Vietnam enjoys US$480-million trade surplus in Q1