Firms operating in Viet Nam with foreign direct investment (FDI) will be subjected to regular and sudden examinations by appropriate Vietnamese authorities of their financial assets, according to the recently issued Decision 1381/QĐ-BTC by the Ministry of Finance (MoF). The decision regulates joint inspections of FDI businesses, regarding asset values of land and real estate, […]
Read MoreSo far, the province has attracted 316 projects worth more than VND68 trillion (nearly US$3 billion), of which 208 were put into operation. According to Tran Doan, head of the provincial management board of economic zones, 20 more projects worth over VND82 trillion (US$3.6 billion) will receive investment licenses in the time to come. Local […]
Read MoreWith the total consumption of about 3.8 billion litres of beer each year, Vietnam is an attractive market luring in numerous foreign investors, and in the upcoming period, a Taiwanese brewer may join and heat up the competition. As reported by newswire Enternews, Taiwan Tobacco and Liquor Corporation (TTL), the leading and largest tobacco and liquor company in […]
Read MoreThe Ministry of Natural Resources and Environment (MoNRE) has submitted a plan to the government to launch 24 climate change response projects in the Mekong Delta for 2017-2020, including nine transit and 15 new projects. The projects focus on building and upgrading sea and river dykes in key areas, constructing salinity control systems and fresh […]
Read MoreIn the first seven months of this year, Vietnam lured in nearly $22 billion in foreign direct investment (FDI) with the comeback of multibillion dollar projects, promising a breakthrough in FDI attraction for the whole year. The age of multibillion dollar projects On July 25, Korean Lotte Group and the Ho Chi Minh City People’s […]
Read MorePrime Minister Nguyen Xuan Phuc on Saturday signed Decision 36/2017/QĐ-TTg on the establishment of Thai Binh Economic Zone in the northern province of Thai Binh. Under the decision, Thai Binh Economic Zone is a coastal economic zone consisting of 30 communes and one town in Thai Thuy, Tien Hai district and its adjacent coastal area. […]
Read MoreA new decree will help improve the quality of corporate governance in public companies and benefit small, individual investors, a senior official on 28th July. Corporate governance has become an urgent issue for public companies as it affects a firm’s sustainability when its size and scale develops at a fast speed, Pham Hong Son, vice […]
Read MoreIn recent years, the solar power industry has become a lucrative and sustainable field for investors. Solar energy attracting investment After years of waiting, the solar power market has just received exciting news: the prime minister has signed Decision No.11/2017/QD-TTg on the mechanism for encouraging the development of solar power projects in Vietnam. Decision 11 […]
Read MoreInvestment in industrial parks (IP) and export processing zones (EPZ) rose more than 39 per cent year-on-year in the first half of the year to US$384.3 million, according to the HCM City Export Processing and Industrial Zones Authority (Hepza). Workers at Sunny Group in Linh Trung Export Processing Zone in HCM City’s Thủ Đức District. […]
Read MoreIndonesia’s Jababeka Group visited four central localities in Vietnam, namely Danang, Quang Nam, Thua Thien-Hue, and Quang Tri from July 10-13 to seek investment opportunities. Jababeka Group meets with Quang Tri leaders At meetings with local authorities, the visit focused on the possibilities of investing in urban areas, industrial parks (IPs), and modern services in these […]
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