VOV.VN -A number of major foreign corporations, such as LG, Panasonic, and Foxconn, Apple's largest supplier, have revealed plans to expand their respective business operations in Vietnam amid the novel coronavirus (COVID-19).
Up to 38% of Malaysian firms chose Vietnam as their favoured Asian destination for business expansion in the next 3-5 years, according to the 2016 Asian Enterprise Survey released by the United Overseas Bank (UOB) on March 31.
More than 60% of Japanese firms operating in Vietnam have intentions to expand their business here to cash in on the improved investment climate, a survey by Japan External Trade Organisation (JETRO) has revealed.
In the Southeast Asia region, Singapore tops the list of most favorable expansion destinations for Asian companies, with 32% of respondents saying they will invest more, followed by Vietnam, according to a recent survey by United Overseas Bank.
President of Taiwan’s Polytex Far Eastern Company, Douglas Tong Hsu, made a visit to the southern province of Binh Duong on October 13 to enquire about the province’s investment attraction policy for business expansion.
The Vietnamese arm of US soft drink giant Coca-Cola has paid its 2014 corporate tax, worth some US$20 million, for the first time in two decades due to losses, according to a report the firm submitted to Ho Chi Minh City authorities in May.
Vietnam is the second most listed location for business expansion in ASEAN, according to a survey results released on August 28 by the US Chamber of Commerce and the American Chamber of Commerce in Singapore (AmCham Singapore).
(VOV) - Malaysian PM Najib Tun Razak has called on Malaysian businesses investing in Vietnam to seize opportunities to expand operations supported by the two countries’ growing ties.