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Government stands firm on foreign cybersecurity protection

Government stands firm on foreign cybersecurity protection

The Vietnamese government has insisted that regulations requiring foreign service providers such as Facebook and Google to establish branches or representative offices in Vietnam is justified and in line with international standards.

PM hopes US firms will transfer technology to Vietnam

PM hopes US firms will transfer technology to Vietnam

Prime Minister Nguyen Xuan Phuc expressed his wish that US enterprises strong in digital economy will enhance cooperation and transfer technology to Vietnam during a reception in Hanoi on September 10 for Executive Director of the American Chamber of Commerce in Vietnam Adam Sitkoff.

US-China trade war set to up FDI flow into Vietnam

US-China trade war set to up FDI flow into Vietnam

The US-China trade friction is expected to help boost foreign direct investment in Vietnam, fast-tracking an already strong trend of foreign firms veering away from China, where rising costs are worrying investors.

Opposition to tax on sweet drinks

Opposition to tax on sweet drinks

The Ministry of Finance is proposing to levy a special consumption tax of 10% on sweet drinks to combat child - and adult - obesity rates, a problem worrying Government and health experts. However, many business people disagree with the proposal.

SoEs struggle to attract investors in equitisation

SoEs struggle to attract investors in equitisation

The Central Institute for Economic Management (CIEM) released a report on October 30 on the actuality of strategic shareholders’ involvement in State-owned enterprises’ (SoEs) equitisation process, which they concluded to be below expectations.

US telcos eye local market

US telcos eye local market

Vietnam’s telecommunications industry has become the target of many large US firms, thanks to the Trans-Pacific Partnership, which will see the gradual opening of its doors to the agreement’s other 11 member countries.