The northern port city of Haiphong is seeing positive signals in the inflow of foreign direct investment (FDI) with 25 new projects worth over $289 million licenced in the city in the first ten months of this year. During this period, 21 operating projects were also allowed to add over $268 million to their investment [...]
A lot of foreign invested projects have got stuck just because the foreign investors still have not got agreements with local authorities about the investment incentives. The 2005 investment law and the decrees, guiding the implementation of the law always emphasized the principle of non-retrospectiveness. This means that is the newly issued policies have negative [...]
Hai Phong is estimated to have attracted $290 million Foreign Direct Investment (FDI) in the first 10 months of this year, flowing into 25 new projects, a municipal leader said. The city has 316 operating FDI projects with $4.89 billion and 4 expired projects. Hai Phong will do its best to establish a good business [...]
Lao Prime Minister Thongsing Thammavong has described Vietnamese investment as most typical among foreign-invested projects in Laos. According to the Vietnam Business Association in Laos, the total investment of Vietnamese businesses in Laos has reached more than US$3 billion. In the first three quarters of 2011, the registered investment of Vietnamese businesses in Laos was [...]
The northern port city of Hai Phong has drawn an additional 25 foreign direct investment (FDI) projects worth about US$290 million in the past ten months of this year. Another 21 projects have also registered to increase their existing capital to expand production. The city now has 316 FDI projects with a total capital investment [...]
Although new foreign direct investment (FDI) attractions have slumped, many operational projects have seen a surge in additional capital, said the Foreign Investment Agency under the Ministry of Planning and Investment. The agency said the figures of both the fresh FDI and additional capital in existing projects improved in October, with the latter outpacing the [...]
Deputy Prime Minister Hoang Trung Hai said in Hanoi on Saturday that the government plans to adopt supportive policies to attract more investors in the agricultural sector. Hai was speaking at a meeting organized by the Ministry of Agriculture and Rural Development in Hanoi on Saturday to discuss policies to evolve the agriculture sector during [...]
“These first results in the fight against transfer pricing in foreign-invested enterprises (FIEs) are a real highlight for tax authorities ” Tax authorities appear to be winning the fight against transfer pricing. A new General Department of Taxation (GDT) report shows the country’s tax authorities investigated 585 enterprises suspected of transfer pricing in the first [...]
Vietnam’s latest foreign direct investment inflows figures are a ray of sunshine in an otherwise gloomy economic horizon. According to a report from the Ministry of Planning and Investment’s (MPI) Foreign Investment Agency (FIA), some $1.1 billion in net foreign direct investment (FDI) flowed into Vietnam in October, raising total net capital since January to [...]
This means idle capital sources tend to be preserved instead of being invested into new production and business. Vietnam should bank on lower foreign direct investment next year on the back of an ailing world economy. Minister of Planning and Investment (MPI) Bui Quang Vinh said the worldwide economic situation was expected to be tougher [...]
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