Foreign Companies In Vietnam | Vietnam Business News

Foreign companies yet to find the green vibe

More foreign firms in Vietnam are turning up their noses at the nation’s environmental regulations. Deputy Minister of Public Security Pham Quy Ngo said environmental violations in Vietnam were on the rise. Ngo said firms were taking advantage of Vietnam’s open-door policy and attractive investment policy, plus loopholes in environmental protection. He said many foreign [...]

Aug 23 2011 | Posted in Enterprises | Read More »

Foreign companies under scrutiny

The HCM City Tax Department said its efforts to crack down on transfer price abuse by foreign-invested firms have proved successful, with tax revenues in the first seven months increasing by 22 per cent. It joined battle two years ago with foreign-invested firms that under-reported profits or claimed losses by manipulating transfer pricing and they [...]