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Red carpet, tax incentives not enough for SEZ: experts
Phu Quoc, Van Don and Bac Van Phong, in order to develop into powerful SEZs, need to have an outstanding business environment and new institutional policies, experts say.
LINE app to return to Vietnam?
LINE expects to make a comeback to Vietnam through its investment in webtretho.com.
Vietnam’s e-commerce market sees many new arrivals
The map of the Vietnam’s e-commerce market is being redrawn as more and more foreign firms have entered the field.
Alliances aim to control drug distribution market
Pharmaceutical companies are hiring retail chains to distribute their products, rather than develop distribution networks of their own.
Vietnamese willing to spend big money on super cars
Vietnamese are some of Southeast Asia’s biggest buyers of luxury cars. As many as 8,670 luxury cars of different kinds were sold in Vietnam in 2017, a decrease of 15 percent from 2016, according to one report. However, the amount of money spent on the cars was VND20 trillion.
Vietnam welcomes Chinese investment capital, but remains wary about risks
Chinese FDI (foreign direct investment) flow to Vietnam has been increasing rapidly recently as Vietnam is one of the destinations included in China’s ‘One belt, one road’ strategy’.
Vietnam vows to build smart cities despite huge challenges
Vietnam targets building at least three smart cities in 2017-2020. But to reach that goal, it needs to have better infrastructure, more money and a more qualified workforce.
Vietnam targets US, EU investors in new-generation FDI strategy
Vietnam, which is drafting a strategy on foreign direct investments (FDI) to 2030, has been advised to lure more investors from the US and the EU to diversify FDI capital sources.
Travel firms see higher earnings as personal incomes rise
After collecting tens of billions of dong from selling tours at a tourism trade fair held in Hanoi earlier this month, travel firms hope they can earn the same at a similar event to be held in Ho Chi Minh City.
SEZs still on paper, but land prices continue to escalate
More than half of the investors seeking to buy land on Phu Quoc Island and areas to be used as special economic zones (SEZ) in the future are from the north and Hanoi.