A Vietnam Report survey on the 500 most profitable companies in the country said most business insiders expect technology to remain the leader in attracting investment. The survey announced the Profit500 Ranking for Vietnam in Hà Nội on Monday. Technology was the most common answer among enterprises (51.4 per cent of respondents), construction and real […]
Read MoreForeign direct investment (FDI) enterprises achieved the highest profit growth amongst the economic sectors, but contributed $11.4 billion only to the State budget, equaling to 28 per cent. According to the latest report by the General Statistics Office, FDI enterprises achieved the highest profit growth among the economic sectors, generating VND384.1 trillion (nearly $16.5 billion) in […]
Read MoreIn striving to innovate and develop solutions to efficiently transform solar energy into reliable power, ABB has unveiled its new PVS-175-TL string inverter – designed to reduce logistics and installation costs by up to 65 per cent, as well as improve the levelised cost of electricity for utility-scale installations. The second Vietnam Solar Energy Summit […]
Read MoreThe Government has officially issued a decree stipulating the details of compulsory social insurance for foreign employees in Việt Nam, which will take effect on December 1 this year. The Decree 143/2018/NĐ-CP also outlines a guide as to how to enforce the Law on Social Insurance. Under the decree, foreigners working in the country with […]
Read MoreThe latest data from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) shows that in the first nine months of this year, Vietnam attracted an additional US$25.37 billion in foreign direct investment (FDI) from 104 countries and territories, representing 99.6 percent of the amount in the same period last year. Almost 2,200 new […]
Read MorePrime Minister Nguyen Xuan Phuc told participants at a recent conference that while foreign investment plays a pivotal role in Vietnam’s economy and development, most foreign-invested firms still use mid-level technologies and only few global high-tech corporations operate in the country. PM Phuc was addressing an October 4 conference entitled, “30 Years of FDI Mobilization […]
Read MoreThe number of foreign investors, who contribute capital or acquire shares in Vietnamese firms, is surging rapidly, given by the firms’ high growth prospects and the government’s effective actions in improving the country’s business and investment environment. Figures from the Foreign Investment Agency under the Ministry of Planning and Investment showed that foreign investors spent […]
Read MoreBRG Group plans to kick off the project with the construction of the Hilton hotel complex in the first phase. A source from Ba Ria-Vung Tau People’s Committee said BRG Group has just submitted its investment proposal in a real estate project in Vung Tau City. Accordingly, BRG Group will redevelop an area of nearly […]
Read MoreTheLEADER and Corporate Management Group will jointly hold Vietnam Business Outlook 2019 with the participation of three brilliant speakers including Dr Tran Du Lich, Dang Van Thanh and Mai Huu Tin. Many experts predict that in 2019, the world economy will experience strong fluctuations due to the deeper spillovers of the 4.0 Revolution and instabilities […]
Read MoreVice Chairman of the People’s Committee of the Mekong Delta city of Can Tho Truong Quang Hoai Nam vowed to provide all possible support to Singaporean firms to do business in the locality, during a Singapore-Can Tho trade and investment promotion seminar on October 17. With 12 Singaporean and 20 Can Tho enterprises taking part, […]
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