Tag: "vcci"

Enterprises plagued by unclear tax and fee regulations

Enterprises plagued by unclear tax and fee regulations

While the Vietnamese government is making great efforts to improve the country’s business and investment climate, unclear tax- and fee-related regulations are tormenting local firms planning to expand.

Vietnam to cut costs, rules for firms

Vietnam to cut costs, rules for firms

The private business sector in Vietnam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders next year.

Policy changes pose obstacles for foreign investors

Policy changes pose obstacles for foreign investors

Although FDI has played an important role in boosting Vietnam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.

Conference boosts Vietnam-China investment, trade ties

Conference boosts Vietnam-China investment, trade ties

Businesses in Beijing and Tianjin and Hebei provinces in China want to promote investment and trade with Vietnamese partners, according to the Tianjin Foreign Economic and Trade Promotion Association.

Vietnam pledges to facilitate Korean investment

Vietnam pledges to facilitate Korean investment

VOV.VN -Deputy Prime Minister Trinh Dinh Dung has assured Vietnam’s willingness to provide the best possible conditions for the Republic of Korea (RoK) investors, saying the country pins high hope on a new wave of Korean investment into Vietnam in future.

PM Phuc pledges best possible support for RoK investors

PM Phuc pledges best possible support for RoK investors

VOV.VN - Prime Minister Nguyen Xuan Phuc has affirmed the Vietnamese government's readiness to provide best possible supports and optimal conditions for domestic and foreign investors, including those from the Republic of Korea (RoK) to expand business operations in the country.

Nigeria offers new market potential for Vietnam

Nigeria offers new market potential for Vietnam

VOV.VN - Nigeria has become a potential commercial market for Vietnam in Africa as Vietnam is running a huge trade surplus with the market, focusing on such staple items as transportation vehicles, computers and electronic products.

Korean firms eye Vietnam partners

Korean firms eye Vietnam partners

Executives from 20 companies based in the Republic of Korea’s Gyeongsangbuk-do Province met with nearly 90 Vietnamese counterparts in HCM City on December 1 to discuss business opportunities.

Cybersecurity regulations to cause massive hit to IT firms

Cybersecurity regulations to cause massive hit to IT firms

Article 34 of Clause 4 in the draft Law on Cybersecurity has not yet received support from foreign firms and local law makers because it will affect firms’ performance as well as Vietnam’s steady march towards a digital economy.

SMEs face uphill battle for foreign investment

SMEs face uphill battle for foreign investment

VOV.VN - At present, 65% of small and medium-sized enterprises (SMEs) still find it difficult to seek potential foreign partners and investors due to the lack of co-ordination and a high-skilled labour force.

President meets with leaders of US firms

President meets with leaders of US firms

Vietnam regards the US as its leading important trade and investment partner, President Tran Dai Quang said in a meeting with representatives of more than 60 US enterprises in central Da Nang city on November 8.

Typical Vietnamese products introduced to APEC 2017 delegates

Typical Vietnamese products introduced to APEC 2017 delegates

The Vietnam Chamber of Commerce and Industry (VCCI) is organising an exhibition in the central city of Da Nang to introduce typical products of all 63 cities and provinces across Vietnam to delegates from 21 APEC member economies.

Draft law on Cyber Security debated

Draft law on Cyber Security debated

Some proposals in the draft Law on Cyber Security by the Ministry of Public Security are not consistent with international commitments Vietnam has made, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Legal system frowns at Silicon tech giants

Legal system frowns at Silicon tech giants

Facebook, Google, Viber, and Amazon are required to set up their own servers in Vietnam in accordance to the Draft Cyber Security Law, which could be a challenge.