foreign investment

Update news foreign investment

Full steam ahead for foreign investment in Vietnam

 The Vietnam government has done its best to create a favorable investment environment and in the 10 months leading up to November the nation’s economy is like a locomotive gaining momentum.

Foreign investment increases in textile-garment projects

 VietNamNet Bridge - In the past 10 months, nearly 20 foreign firms invested hundreds of millions of US dollars in Vietnam's garment industry.

Social News 27/9

 Vietnam’s oldest woman receives Asian record certificate; Police bust transnational drug ring in HCM City; Vietnam facilitates foreign investment in minority communities; Vietnam loses 5.5% of GDP to environmental pollution

Local firms can spend more on ads

 VietNamNet Bridge – The removal of the cap on the tax deductibility of advertising will help Vietnamese businesses integrate into the world economy, attract foreign investment and effectively compete in other markets.

List of 127 national projects calling for foreign investment

PM Nguyen Tan Dung has approved a list of 127 national projects calling for foreign investment from now to 2020.

Updated new policies on foreigners in VN

 VietNamNet Bridge – A string of fresh policies on foreign-related elements were introduced in the first eight months including foreign strategic investors, sub-lease of job, preferential corporate tax,

List of 127 national projects calling for foreign investment

 VietNamNet Bridge – PM Nguyen Tan Dung has approved a list of 127 national projects calling for foreign investment from now to 2020.

What will Vietnam gain in exchange for investment incentives for Nhon Hoi?

 VietNamNet Bridge – The Ministry of Finance (MOF) has unexpectedly agreed to offer attractive investment incentives to the Thai PTT Group, which plans to set up the Nhon Hoi Oil Refinery in Binh Dinh province.

Complex tax laws don’t deter foreign investment

VietNamNet Bridge – The complexity of Vietnam’s business tax climate is not impeding the attraction of foreign investment, and oddly enough, is appealing to a corrupt element of investors using complexity and legal loopholes to their advantage.

BUSINESS IN BRIEF 24/7

Local businesses urged to boost exports to RoK; Complex tax laws don’t deter foreign investment; HCM City to tighten energy labeling rules; Mekong Delta targets US$2.6 bln in shrimp exports; Pepper price reaches record high 

HCM City promotes supporting industry – hi tech link

VietNamNet Bridge – HCM City is seeking to boost ties between the supporting industry and high technology sector, as well as support the development of both, towards luring more foreign investment,

US anticipates Vietnam opportunities

 VietNamNet Bridge – On the occasion of the US Independence Day July 4, the United States Ambassador to Vietnam David B. Shear spoke to VIR’s Thanh Tung about the two countries’ trade and investment prospects.

BUSINESS IN BRIEF 22/6

 Vietnamese farmers taken in by Chinese partners; VN, EU resolved to conclude FTA talks this year; Highway expansion hits a rocky slope; Economic outlook still ‘modest,' says Maersk report; PJICO compensates riot-hit Chutex

Challenges to Vietnam’s FDI attraction

 VietNamNet Bridge – The government is committed to augmenting the country’s attractiveness as a safe and hospitable investment destination with developed infrastructure facilities and a young talented workforce.

Foreign-invested schools’ violations create concerns in education community

General foreign-invested schools are often favored by Vietnamese parents and students, but foreign-invested colleges are viewed with skepticism.

How should Vietnam behave towards tiny FIEs?

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.

BUSINESS IN BRIEF 20/5

 First Vietnamese business receives GTB Innovation Award; Trade surplus rises to over US$2 billion; Exports to Israel nearly double; Int’l cashew nut processors convene in Ba Ria-Vung Tau;

BUSINESS IN BRIEF 14/5

 VN organises cashew-themed ‘rendezvous'; Bank assets value surges in March; ‘Privileged' SMEs suffer credit freeze; Big push planned for VN goods; New TPP round begins in Vietnam

BUSINESS IN BRIEF 7/5

Trade surplus $683m despite April deficit; Capital raising measures $4b in Q1; Securities firms report bumper earnings despite challenges; Indonesia probes into steel imports from Vietnam

BUSINESS IN BRIEF 27/3

 Shipper initiates bankruptcy process; DOC issues preliminary decision on shrimp duty; Sacombank shareholders greenlight merger; Each Vietnamese bears USD886 in public debt; Vietnam’s new e-customs system proves effective