The American Chamber of Commerce in Vietnam (AmCham) Supplier Day 2019 opened in Ho Chi Minh City on October 16, attracting over 100 businesses.
Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment.
Deputy Prime Minister Trinh Dinh Dung appreciated the contributions made by Vietnamese and US businesses to their countries’ relations over the last 25 years, while attending a business summit in Hanoi on May 10.
VOV.VN - Over 300 businesspeople took part in discussions with representatives from many well-known American corporations to seek closer business ties and further co-operation at the 2019 Supplier Day held in Hanoi on April 25.
Representatives from foreign-invested (FDI) enterprises in Ho Chi Minh City contributed their ideas and recommendations to spur growth in the city at a meeting with municipal leaders on March 23.
The past year marked new movements among the biggest overseas investors in Vietnam, with Japan, the Republic of Korea (RoK) and the United States heading to Southeast Asia with new policies to protect markets, possibly signalling a landmark wave of foreign investment into the country for 2019.
US Ambassador to Vietnam Daniel Kritenbrink highlighted Vietnam’s effort in promoting its integration into the international market at a workshop held by the American Chamber of Commerce (Amcham) in Ho Chi Minh City on December 7.
The year-end session of the Vietnam Business Forum will convene at Lotte Hanoi Hotel in the capital city on December 4, according to the Vietnam Chamber of Commerce and Industry (VCCI).
The opposing viewpoints of domestic and foreign experts on transfer pricing – a hot topic attracting much public interest in recent times – were the focus of a workshop held by the American Chamber of Commerce in Vietnam (AMCHAM) in Hanoi on November 9.
To avoid the US’ $200 billion tariff slapped on Chinese goods, smartphone giant Apple’s manufacturers are looking to shift business from China to Vietnam and other Southeast Asian countries.
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.
VOV.VN - The Vietnamese government has always regarded the investment projects of US businesses in Vietnam as being of great importance, said Deputy Prime Minister Trinh Dinh Dung at the 2018 US-Vietnam Business Summit held in Hanoi on September 10.
The Ho Chi Minh City Union of Business Associations (HUBA) has signed an agreement with the American Chamber of Commerce in Vietnam (AmCham Vietnam) to promote their members’ partnership in transferring technology and expanding investment chances.
VOV.VN - Deputy Prime Minister Vuong Dinh Hue has assured the Vietnamese Government's willingness to offer the best possible conditions in line with domestic and relevant international laws for US enterprises.
To attract investment in the renewable energy sector, the Ministry of Industry and Trade has confirmed that a mechanism to allow businesses to buy power at competitive prices from renewable energy generators will be piloted in 2018.
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.
Asia-Pacific executives are increasingly looking at Vietnam as a market and means as they see the population is increasing but the economy is growing, and people have more income.
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.
The Ministry of Finance is proposing the levy of a special consumption tax of 10-20 per cent on sugary drinks to combat obesity rates, though a similar proposal was rejected by the government three years ago.
Businesses should cooperate closely with the Government to usher in a second export wave of products with higher added-value and promotion of brands, participants at a seminar in HCM City said on August 8.
