IZ

Update news IZ

IZs have been 60 percent occupied only

 VietNamNet Bridge – The poor infrastructure and the high land leasing fee in industrial zones (IZ) have kept investors away.

BUSINESS IN BRIEF 10/10

 $4 bln Vung Ro refinery project launched; Aquatic export turnover hits 4.6 bln USD; Vietnam committed to TPP negotiation success; Hanoi’s first concentrated IT park makes debut

BUSINESS IN BRIEF 13/9

 Japanese investors pour another US$166 mil into HCM City; Vietnam, US businesses cooperate in developing cotton industry; Border trade aims for US$30 billion in 2020

BUSINESS IN BRIEF 12/9

 Production, business sectors pay more tax; Kumho plans $100m spend in Viet Nam; Vietnam flaps its air-transport wings; Shiseido Vietnam builds US$30 million plant in Dong Nai

BUSINESS IN BRIEF 2/6

 Petition filed against steel dumping; Binh Dinh to set up advisory group for oil refinery plan; SOEs pose threats for domestic economy; Authorities consider policy for property insurance contracts

MOF to restore tax incentives to encourage FDI to IZs

The draft of the corporate income tax law compiled by the Ministry of Finance (MOF) is comprised of the provision saying that the tax incentives for industrial zones (IZs) would be restored.

BUSINESS IN BRIEF 22/2

January sees better auto sales; Experts: More foreign capital to flow this year; Seafood exports down in Q1; Russia, VN eye $7b in trade; Leading developer posts falling profit

Where workers fear New Year holiday

HCM City has over 250,000 workers in the industrial and export-processing zones. Up to 70%  of them come from other provinces. Everyone wants the family reunion during the lunar New Year, but many workers "don't dare" to return home...