foreign firms

Update news foreign firms

Fighting against transfer pricing will be a violent war

 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.

International auditing firms lend a hand to FIEs’ transfer pricing?

 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?

Foreign firms caught with pirated software

 VietNamNet Bridge – A group of technology police inspectors say they have found pirated software worth 10 billion VND (476,190 USD) being used by six foreign companies in Hanoi.

Government backs more foreign holdings

 VietNamNet Bridge – The Government Office has lent its support to a proposal allowing foreign firms a greater stake holding in listed companies, the Dau tu chung khoan newspaper has reported.

Abandoned ships endanger maritime safety

 VietNamNet Bridge – As of July 16, up to 53 ships abandoned in the waters off Vietnam had not been properly handled, threatening maritime safety, especially during storms.

Foreign firms rent Mekong land illegally

 VietNamNet Bridge – At least 10 foreign investors have rented over 82ha of land illegally in the Mekong province of Ben Tre, the provincial authority of Ben Tre has said.

Foreign firms disallowed to buy coffee from farmers

Tussles between local and foreign coffee exporters in the past three to four years will come to an end on June 7 when foreign entities are banned from directly purchasing coffee from farmers and establishing coffee buying networks,

Foreign firms lure staff with bumper pay packs

 VietNamNet Bridge – There is a marked difference in salaries paid by foreign companies and Vietnamese companies, a survey has found.

Many foreign firms use illegal software

The inspection department of the Ministry of Culture, Sports and Tourism on Thursday said violations of software copyrights have decreased this year but use of pirated software at foreign companies has intensified.

Foreign firms flee, leaving jobless behind

The number of foreign-direct invested enterprises based in HCM City and southern Dong Nai Province that have suspended operations has increased in the last few months, leaving thousands of local workers jobless