FIEs’ import rise widens trade gap

Despite the strong flow of foreign direct investments (FDI), economists are concerned on the increasing number of foreign investors switching from producing to importing, which will widen the nation’s trade deficit. In 2008, Sony Vietnam announced shutting down factories to switch to importing products Sony had made in other countries. Visual Products Company of Japan’s [...]

Jan 13 2011 | Posted in Investment | Read More »

Will FIEs continue producing in Vietnam or shift to sell imports?

The import tariffs on finished products from regional countries have been gradually lowered to zero percent, which has raised the concern that foreign invested enterprises (FIEs) will stop producing in Vietnam and shift to import products to sell domestically. In late November 2010, at a meeting with the press to introduce products and business strategies [...]

Dec 20 2010 | Posted in Enterprises,Investment | Read More »

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