The most critical issue today is the ineffective use of the state’s resources by the state owned enterprises (SOEs), which affects the quality of growth, development and competitiveness of the economy. The Ministry of Planning and Investment (MPI), which is drafting the plan on improving the efficiency of SOEs’ operation to be submitted to the [...]
The second annual Vietnam Investment Summit opened in Ho Chi Minh City on October 19, drawing over 100 representatives of investment funds and businesses across the country and other parts of the world. The two-day forum discusses the macroeconomic environment in Vietnam and looks for new investment and development opportunities in the country. Addressing the [...]
Many local and foreign investors pledged to invest hundreds of millions of dollars in the north-central provinces of Vietnam at a promotion conference held in Nghe An on Monday. The conference was organised by the Ministry of Planning and Investment in cooperation with six provinces in the region, namely Nghe An, Thanh Hoa, Ha Tinh, [...]
Investments by British businesses in Vietnam would top US$3 billion by the end of next year, Tim Brownbill, director of the UK Trade & Investment in Vietnam, told the media yesterday. It is currently around $2 billion, Brownbill, also the British consul in Ho Chi Minh City, said. He said the UK-based Premier Oil was [...]
Twenty-seven companies from the Vietnam-Republic of Korea (RoK) Promotion Committee attended a Korea-Vietnam trade seminar in Hanoi on October 19 to seek goods suppliers, as well as look into business opportunities in Vietnam. These companies said they are interested in Vietnam’s crude materials, industrial crops, garments and textiles, footwear, seafood, handicrafts and fine arts and [...]
In the first nine months of this year, FDI (foreign direct investment) enterprises paid 68.485 trillion dong corporate income tax (CIT), of which, 52.778 trillion dong came from foreign crude oil exploiters, the Vietnamese Ministry of Finance (MoF) reported on Monday. Particularly, in its report, the ministry said in Jan-Sept., total CIT collection from all [...]
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